Michael Saylor’s MicroStrategy Adds 18,527 BTC, Expanding Holdings to $46.7B

MicroStrategy, now fully focused on Bitcoin (BTC), has once again expanded its holdings. Executive Chairman Michael Saylor announced on X (formerly Twitter) that the company added 18,527 BTC in the past week, increasing its total stash to 478,740 BTC. With Bitcoin trading around $97,000, the latest acquisition is valued at over $1.8 billion, bringing the company's total Bitcoin holdings to approximately $46.73 billion.

MicroStrategy’s strategy hinges on two key principles: Bitcoin’s projected 25% annual appreciation over the next five years and securing funding at lower interest rates. By leveraging low-cost borrowed capital, the company continually increases its BTC reserves while managing risk. Many of these convertible notes carry a 0% interest rate and won’t mature for another five years, allowing MicroStrategy to use its growing Bitcoin assets as collateral to roll over debt if necessary.

To manage volatility, the firm capitalizes on short-term price swings, selling options while acquiring more BTC. If Bitcoin appreciates as expected, the company’s leveraged approach could yield substantial returns. If not, bondholders have a fallback—they can convert their debt into MSTR shares at a premium, supporting the stock price and reinforcing the cycle.

Saylor’s long-term Bitcoin bet has positioned MicroStrategy as a dominant institutional BTC holder. Whether Bitcoin continues its bullish trajectory remains uncertain, but the company’s strategy has paid off so far. Investors are watching closely as MicroStrategy navigates the balance between leverage and long-term value in the ever-volatile crypto market.