Michael Saylor is at it again—and this time, he's not just doubling down on Bitcoin, he’s powering up .
His company, now known as Strategy (formerly MicroStrategy), just added 1,895 more Bitcoin to its already massive reserves. The purchase? A cool $180.3 million, funded by selling both common (MSTR) and preferred (STRK) shares.
At an average of $95,167 per coin, Strategy is buying Bitcoin like it’s real estate in Manhattan—pricey, but worth it.
The 21/21 Plan is Out—Say Hello to 42/42
This latest purchase isn’t a spontaneous buy. It’s part of Strategy’s now-completed “21/21 Plan”, which targeted $42 billion for Bitcoin buys. With that stock sale capacity maxed out, Saylor is already rolling out the sequel: the “42/42 Plan”, aiming to raise another $42 billion through 2027, split between equity and debt.
Yes, they’re literally doubling down—again.
And they’re not relying on one trick. With new preferred stocks like STRK and STRF, Strategy keeps finding creative ways to turn company capital into more BTC.
Over Half a Million Bitcoin—Yes, Really
Here’s what’s staggering: According to today’s SEC filing , Strategy now holds 555,450 Bitcoin. That’s more than 2.6% of Bitcoin’s total supply—which is more than most countries will ever dream of owning.
All in, the firm has spent $38.08 billion acquiring its BTC hoard. And at today’s prices, it’s worth about $52.2 billion, giving them a paper gain of $14.1 billion.
They’ve now set their Bitcoin yield target at 25% and their profit target at $15 billion. In other words, this isn’t a hedge—it’s a full-blown strategy to dominate.
But Wait… They Just Lost $4.2 Billion?
Funny enough, this bold Bitcoin push comes right after Strategy posted a $4.2 billion loss in Q1. That’s largely due to a new accounting rule that forced them to report nearly $6 billion in unrealized losses on their BTC holdings.
Still, Wall Street isn’t panicking. Why? Because Strategy’s scale and innovation in capital-raising are unmatched. In the eyes of many analysts, it remains one of the most aggressive—and intriguing—Bitcoin plays in the market.
The Copycats Are Coming
Strategy may be the biggest corporate Bitcoin holder, but it’s no longer alone. Just last month, Cantor Fitzgerald, SoftBank, Bitfinex, and Tether announced a $3.6 billion BTC venture called Twenty One Capital. Meanwhile, firms like Semler Scientific, KULR, and Metaplanet are adding Bitcoin to their treasuries too.
Are we witnessing the start of a new corporate trend?
What’s the Endgame Here?
With BTC goals climbing higher and higher, and a treasure chest of over half a million Bitcoin, it’s clear Strategy isn’t playing a short-term game. They’re betting on a future where Bitcoin isn’t just a volatile asset—but the backbone of global finance.
Will that vision become reality?
Only time—and price charts—will tell. But if it does, Michael Saylor won’t just be the guy who bought early. He’ll be the one who rewrote the corporate playbook on Bitcoin.
