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Billionaire Michael Saylor Purchases 525 BTC for $60.2M, Lifting Holdings to 638,985 BTC
Yahoo Financeยท2025-09-15 16:18

Core Insights - The company continues to aggressively accumulate Bitcoin, solidifying its position as the largest corporate holder of Bitcoin globally [1][2][6] - Recent acquisition of 525 BTC for $60.2 million reflects the company's ongoing commitment to Bitcoin as its primary treasury reserve asset [1][2] - The total Bitcoin holdings now stand at 638,985 BTC, with an aggregate purchase cost of $47.23 billion, indicating a strong profit margin at current market valuations [2][6] Acquisition Strategy - The recent Bitcoin purchases were financed through proceeds from the company's at-the-market (ATM) equity offering programs, raising $68.2 million in net proceeds [3][4] - The structured financing model allows the company to accumulate Bitcoin without over-leveraging its balance sheet, maintaining operational flexibility [4] Strategic Positioning - Michael Saylor advocates for Bitcoin as a superior store of value compared to traditional assets like gold, positioning the company as a leader in corporate treasury diversification [5][6] - The company's substantial Bitcoin reserves exceed those of most countries, granting it a unique influence within the global crypto economy [6][7] Long-term Vision - The company's strategy reflects a long-term view of Bitcoin as a generational hedge and a cornerstone of corporate strategy, rather than a speculative investment [7]