Billionaire Michael Saylor Announces New Bitcoin Purchase Worth $500 Million

Michael Saylor, the billionaire co-founder of Strategy (formerly known as MicroStrategy), has disclosed another substantial Bitcoin acquisition worth over $500 million, continuing his company’s aggressive cryptocurrency accumulation strategy. According to a June 30 filing with the U.S. SEC, Strategy purchased 4,980 Bitcoin for $531.1 million during the week ending Sunday, at an average price of approximately $106,801 per bitcoin.

This year alone, MicroStrategy has accumulated 88,062 BTC worth $9.8 billion, compared to 140,538 BTC valued at $13 billion in 2024, according to company data. The business intelligence firm’s Bitcoin yield has reached 19.7%, with 7.8% gained in the second quarter alone, moving closer to its targeted year-to-date yield goal of 25% by year-end 2025.

MicroStrategy’s Bitcoin holdings represent more than 2.8% of the cryptocurrency’s total supply cap of 21 million coins, generating unrealized gains of roughly $21.6 billion based on current market prices.

MicroStrategy Now Controls 2.8% of All Bitcoin Ever Created

On June 29, Saylor updated his Bitcoin portfolio tracker with the message: “In 21 years, you’ll wish you’d bought more,” referencing his recent BTC Prague keynote presentation, in which he predicted that Bitcoin could reach $21 million per Bitcoin within two decades.

The purchases aligned with market expectations, as Saylor has developed a pattern of announcing Bitcoin acquisitions on Sundays through social media hints.

Japanese investment firm Metaplanet announced on Monday that it acquired an additional 1,005 BTC, expanding its total holdings to 13,350 BTC. Similarly, The Blockchain Group, described as Europe’s first Bitcoin treasury company, purchased 60 BTC, bringing its total to 1,788 BTC valued at approximately €161.3 million.

Data from Bitcoin Treasuries indicates that 134 publicly traded companies have now incorporated Bitcoin into their corporate treasury strategies.

Bitcoin Treasury Shift: 134 Companies Now Following Saylor’s Playbook