Another Masterclass in Corporate Bitcoin Acquisition as Strategy Buys $962 Million Worth of BTC
In a staggering display of conviction, Michael Saylor’s Strategy (formerly MicroStrategy) has executed another monumental corporate Bitcoin acquisition, purchasing 10,624 BTC for approximately $962.7 million after yesterday Hint by Saylor. This move, funded by the strategic sale of its own equity, defies broader market anxieties and reinforces the company’s blueprint for building an unshakeable Bitcoin-centric treasury, all while its newly established cash buffer shields its holdings from forced sales.
The Numbers: A Colossal Addition to the Fortress Balance Sheet
The scale of this purchase is immense. The company acquired the BTC at an average price of $90,615, bringing its total holdings to 660,624 Bitcoin. Its average cost basis remains a conservative $74,696 per coin, locking in substantial unrealized gains. Funding was raised intelligently through the sale of MSTR and STRD stock, proving Saylor’s model of using accretive equity sales to perpetually strengthen the Bitcoin treasury. This is not desperate buying; it’s systematic, strategic capital allocation.
The Strategic Backstop: Why This Buy is Different
This purchase carries new weight following CEO Phong Le’s recent clarification on the company’s $1.44 billion dollar reserve. That war chest is designed to cover 21 months of dividends, explicitly built to avoid selling Bitcoin for at least three years, even in a severe downturn. This context transforms the buy from a risky bet into a protected, long-term strategic move. The company has effectively walled off its operational liabilities from its Bitcoin treasury, allowing it to accumulate through any cycle without pressure to liquidate.
Market Impact and Validation from Finance Heavyweights

The market reacted positively, with both BTC and MSTR stock rising on the news. The acquisition drew public praise from figures like Anthony Scaramucci, who hailed Saylor’s playbook of “building a USD backstop and then selling equity to buy BTC” as genius for both the company’s balance sheet and the broader Bitcoin network. This corporate Bitcoin acquisition serves as a powerful signal to other public companies: there is a clear, repeatable model for integrating Bitcoin as a primary treasury asset without jeopardizing corporate obligations.
My Thoughts
This isn’t just a purchase; it’s a statement of sovereignty over corporate finance. Saylor is demonstrating that with proper risk management (the dollar reserve), a company can permanently opt out of traditional treasury management and into a Bitcoin standard. This massive buy, executed while many traders fear a bear market, shows profound long-term conviction. It also soaks up nearly a billion dollars of sell-side liquidity, providing a formidable floor for the market. Every such corporate Bitcoin acquisition makes the asset scarcer for the rest of the world and validates it further as the ultimate balance sheet asset.






