Michael Saylor's Bitcoin Bet: 478,740 Bitcoins Held Amid Market Volatility

Michael Saylor's Strategy Holds 478,740 Bitcoins Amid No Recent Sales or Purchases

In a volatile crypto market, Michael Saylor, the founder of Strategy (formerly known as MicroStrategy), has clarified that the company did not divest any Class A common stock last week nor did it make any new Bitcoin purchases. This stability in the company's actions underscores Strategy's commitment to its current Bitcoin holdings.

As of February 9, 2025, Strategy's portfolio encompasses a substantial 478,740 bitcoins, which were acquired at a cumulative cost of roughly $31.1 billion. This translates to an average acquisition cost of approximately $65,033 per bitcoin. This strategic positioning reflects Strategy's long-term outlook in the cryptocurrency ecosystem, emphasizing the importance of holding digital assets during periods of market fluctuation.

Strategy's commitment to Bitcoin is a testament to the company's belief in the long-term potential of cryptocurrencies. Despite the recent market volatility, Strategy has maintained its position, indicating a strong conviction in the underlying value of Bitcoin.

This strategic approach aligns with the broader trend of institutional investors increasingly adopting cryptocurrencies as a long-term investment. As the crypto market continues to evolve, companies like Strategy are playing a crucial role in shaping the future of digital assets.