Michael Saylor’s Strategy Unveils $84,000,000,000 Bitcoin (BTC) Purchasing Plan
By: bitcoin ethereum news|2025/05/04 14:45:01
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The founder and former chief executive of Strategy, formerly known as MicroStrategy, is revealing another Bitcoin (BTC) purchasing plan for the firm worth tens of billions of dollars. In a new thread on the social media platform X, Michael Saylor says the firm has doubled the capital it wants to raise to accumulate the flagship digital asset from $42 billion to $84 billion. “MSTR announces BTC Yield of 13.7% and BTC gain of $5.8 billion year-to-date, doubles capital plan to $42 billion equity and $42 billion fixed income to purchase Bitcoin, and increases BTC Yield target from 15% to 25% and BTC dollar gain target from $10 billion to $15 billion for 2025.” In its 2025 Q1 Earnings Presentation, Strategy breaks down its “42/42” plan to continue purchasing BTC. Currently, Strategy holds 553,555 BTC worth $53 billion, or over 2.6% of the overall BTC supply, according to data from BitcoinTreasuries.net. Last month, Strategy announced that it had bought billions of dollars worth of BTC in three separate instances, the most significant being on April 28th when the firm purchased $1.42 billion in Bitcoin. Strategy’s aggressive Bitcoin accumulation is beginning to draw mixed reactions. Veteran pseudonymous crypto trader The Flow Horse tells his 267,600 followers on the social media platform X that he’s not fond of Strategy’s plan. “Right now Michael Saylor + MicroStrategy’s Bitcoin stake is arguably the largest concentrated position in any globally traded asset by a private company or individual. Not a fan [to be honest].” Bitcoin is trading for $96,179 at time of writing, a 1.3% decrease during the last 24 hours. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney Source: https://dailyhodl.com/2025/05/04/michael-saylors-strategy-unveils-84000000000-bitcoin-btc-purchasing-plan/
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