BTCC / BTCC Square / Coingape /
Michael Saylor Doubles Down: MicroStrategy Snags 155 BTC ($18M) — Now Holds Nearly 3% of All Bitcoin

Michael Saylor Doubles Down: MicroStrategy Snags 155 BTC ($18M) — Now Holds Nearly 3% of All Bitcoin

Author:
Coingape
Published:
2025-08-11 12:39:43
16
3

Another day, another Bitcoin buy for MicroStrategy. The enterprise software-turned-crypto juggernaut just added 155 BTC to its war chest—worth roughly $18 million at current prices—edging closer to owning a staggering 3% of the entire Bitcoin supply.

Because nothing says 'hedge against inflation' like converting shareholder capital into a volatile digital asset, right? Saylor's all-in bet continues to defy Wall Street's playbook, turning MicroStrategy into a de facto Bitcoin ETF with a side of legacy software no one uses.

Meanwhile, traditional finance still can't decide if this is genius or corporate malpractice. Either way, the Bitcoin maximalists are winning.

Michael Saylor Sparks Bitcoin Sovereign Debate After Metaplanet Buys 1,111 BTC

Michael Saylor is still on a buying spree. Between August 4 and 10, his company Strategy (formerly MicroStrategy) picked up another 155 Bitcoin for around $18 million. The purchase price is a steep $116,401 per coin.

This latest buy takes Strategy’s total holdings to 628,946 BTC – worth about $76 billion at today’s prices. That’s almost 3% of Bitcoin’s entire 21 million supply, giving Saylor a position few in the corporate world can match.

Here are the deets.

Funded Through Stock Sales

The purchase was funded through proceeds from STRF ATM share sales and the previously completed initial public offering of STRC. Last week, Strategy sold 115,169 STRF shares, raising $13.6 million, with $1.87 billion still available under that program.

In total, the company has more than $47 billion in funding capacity left across its various stock offerings. This is part of Saylor’s “84/84” plan (up from 42/42) – a massive program to raise $84 billion for bitcoin purchases by 2027.

$30 Billion in Gains on Paper

Strategy’s Bitcoin was bought at an average price of $73,288. With current prices much higher, the company is sitting on roughly $30 billion in unrealized gains.

That profit surge helped Strategy post a record $10 billion net income in Q2 2025, boosted by new accounting rules that let companies report Bitcoin at fair value. 

Saylor summed up his approach in a Sunday post: “If you don’t stop buying Bitcoin, you won’t stop making money.”

If you don't stop buying Bitcoin, you won't stop making Money. pic.twitter.com/G9S2gPO1t8

— Michael Saylor (@saylor) August 10, 2025

Still the Largest Corporate Holder

No one else in the corporate Bitcoin race comes close. The next biggest holders – MARA, Tether-backed Twenty One, Riot Platforms, and others – are far behind in total BTC.

This is why the Bitcoin 4 year cycle is over.

Top 100 Bitcoin treasury companies hold almost 1 MILLION Bitcoin🤯
BlackRock. Fidelity. Bit wise. Etc. pic.twitter.com/8kisGtx580

— Jason Ai. Williams (@GoingParabolic) August 9, 2025

While some analysts worry about the company’s premium-to-NAV valuation, others point to its low debt and no repayments until 2028. Saylor says the company could survive even a 90% drop in Bitcoin’s price for up to five years.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users