5 Years of Bitcoin Dominance: Strategy Celebrates with $18M BTC Power Move
Bitcoin just got another vote of confidence—and it's a $18 million megaphone.
Five years after its inception, the pioneering cryptocurrency strategy is doubling down with a massive BTC purchase. No "wait-and-see" here—just cold, hard conviction in orange coin supremacy.
The bullish case gets louder
While traditional finance debates ETFs and regulation, crypto natives keep stacking sats. This latest buy screams long-term belief—or at least a well-timed flex for the anniversary.
Wall Street watches (and copies?)
Funny how $18M moves the needle in crypto while barely covering a banker's bonus round. The decentralized revolution marches on—with occasional pit stops to count institutional FOMO.
One thing's clear: in the battle for store-of-value supremacy, Bitcoin's strategy keeps writing checks that fiat can't cash.
Strategy marks 5 years of Bitcoin purchases
This acquisition coincides with the fifth anniversary of Strategy’s Bitcoin journey.
On Aug. 11, 2020, the company, then known as MicroStrategy, bought its first 21,454 BTC for $250 million at an average price of $11,652.84.
Since adopting Bitcoin as its primary treasury reserve asset, Strategy has raised $46 billion through BTC-backed equity and credit offerings. The MOVE has delivered a 100% annual return rate, outperforming every S&P 500 stock during the same period.
During this period, the Michael Saylor-led firm’s market capitalization has surged from $1.2 billion to $118 billion in just five years.
Meanwhile, the company’s approach has inspired similar strategies worldwide, including Japan’s Metaplanet.
Speaking on Strategy’s important role in the industry, Simon Gerovich, Metaplanet CEO, praised Saylor and MicroStrategy for the lasting positive impact on corporate Bitcoin adoption worldwide.
He added:
“[They] acted with courage and conviction when it was far from easy. Today many follow the same path, but back then it took belief in the vision and the will to lead. Together with Strategy, we have inspired a wave of Bitcoin treasury companies, proving Bitcoin can transform a balance sheet and positively impact millions.”