Michael Saylor’s Bitcoin Strategy
Background and Goals
Michael Saylor has established himself in recent years as one of the most prominent advocates of Bitcoin. His firm, Strategy, has developed a comprehensive plan to massively expand its Bitcoin holdings. Currently, the company holds over 553,000 Bitcoins, making it the largest institutional holder of Bitcoin.
The 42/42 Plan
Strategy recently introduced the so-called 42/42 Plan, which aims to raise $84 billion in capital over the next two years. This capital is to be raised equally through equity and fixed-income instruments to acquire more Bitcoin. This plan follows a successful capital increase through an at-the-market equity offering, which has raised over 301,000 BTC in recent months.
Current Developments
In the first four months of 2025, Strategy has already acquired 107,155 Bitcoins, making the company one of the most aggressive buyers of Bitcoin during this period. The average purchase price for these Bitcoins was about $66,384 per coin. The total cost for acquiring the current Bitcoin holdings amounts to around $37.9 billion.
Market Expectations and Risks
Michael Saylor’s strategy is closely tied to the price development of Bitcoin. While Bitcoin has risen by about 13.7% in the first months of 2025, the stock of Strategy (MSTR) could potentially outperform Bitcoin itself due to its high leverage. However, this strategy also carries significant risks as it heavily depends on the volatility of the Bitcoin price.
Interest for Private Investors
For private investors, Michael Saylor’s strategy is interesting as it may set trends in the cryptocurrency world. The aggressive accumulation of Bitcoin by institutional investors could lead to increased demand, thus influencing the price of Bitcoin. Additionally, the development of Strategy could serve as an indicator of the overall sentiment in the crypto market.
Overall, Michael Saylor’s Bitcoin strategy shows that institutional investors continue to strongly believe in the future of Bitcoin. These developments are of interest not only to institutional investors but also to private investors, as they may open up new opportunities and risks in the crypto market.