Michael Saylor’s Strategy — the largest publicly traded holder of Bitcoin — made its first BTC purchase in August, celebrating five years since adopting the cryptocurrency as a core treasury asset.
According to a U.S. Securities and Exchange Commission filing on Monday, the company acquired 155 BTC for $18 million during the week ending Aug. 10. The coins were bought at an average price of $116,401 each, with Bitcoin trading from around $114,000 at the start of the week to near-record highs of $122,000 by Sunday, data from CoinGecko shows.
The latest buy pushes Strategy’s total Bitcoin stash to 628,946 BTC, accumulated for roughly $46.1 billion at an average price of $73,288 per coin. The milestone comes exactly five years after the firm — then operating as MicroStrategy — made its debut BTC purchase on August 11, 2020, acquiring 21,454 BTC for $250 million.
Since that first buy, Bitcoin’s price has soared about 960%, from $11,400 to nearly $120,000, delivering enormous paper gains for the company. Over the past five years, Strategy has executed 74 separate purchases, consistently adding to its holdings regardless of market conditions.
Saylor reaffirmed this unwavering approach in an X post on Sunday, writing,
“If you don’t stop buying Bitcoin, you won’t stop making money.”
His commitment hasn’t wavered even as BTC approaches record levels — in late 2024, he vowed to continue buying
“no matter how high it surges.”
In June, the billionaire co-founder also reiterated his ultra-bullish outlook, projecting that Bitcoin’s price could climb to $21 million over the next 21 years.
Meanwhile, Michael Saylor urged U.S. regulators to establish a formal taxonomy for digital assets, warning that ongoing regulatory ambiguity threatens to stall innovation and hinder the nation’s competitiveness in the global crypto market. He emphasized the urgent need to define key terms such as “digital security,” “digital commodity,” and “tokenized asset.”
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