Michael Saylor’s $84 Billion Bitcoin Bet: How Is Strategy Doing On Its Current BTC Holdings?

michael-saylor’s-$84-billion-bitcoin-bet:-how-is-strategy-doing-on-its-current-btc-holdings?
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Michael Saylor’s Bitcoin-first investment strategy has once again taken the spotlight after Strategy (formerly MicroStrategy) laid out an ambitious new plan to scale its BTC holdings. The company now owns over half a million bitcoins, making it one of the biggest institutional players in the crypto market. However, the company isn’t done yet, as recent filings shows an ambitious $84 billion plan to acquire more Bitcoins. 

As the Bitcoin price hovers around $97,000 in early May, the scale of Strategy’s Bitcoin plan is important, not only for its size but also for the significant role it now plays in the company’s trajectory.

Strategy’s 42/42 Plan To Increase Bitcoin Holdings

During its latest earnings call, Strategy introduced what it calls the 42/42 Plan, which is a roadmap aimed at raising $84 billion in capital over the next two years. The funding will be split equally between equity and fixed-income instruments, all designated to be used for further Bitcoin acquisitions. 

BTC is now trading at $96,411. Chart: TradingView

This initiative follows a $21 billion at-the-market equity offering that recently brought in over 301,000 BTC in recent months, sending the company’s share price soaring by 50%. As of April 28, 2025, Strategy holds 553,555 BTC, acquired at a total cost of $37.9 billion and an average price of $68,459 per coin. Of this total, 107,155 BTC have been bought in 2025 alone, making it the company’s most aggressive buying year to date despite only four months having passed. The firm’s internal disclosures also note an average cost of $66,384.56 per bitcoin. 

The latest acquisition round included 15,355 BTC purchased at an average price of $92,737 on April 28 at $1.42 billion. These aggressive purchases have positioned Strategy as the world’s second-largest institutional holder of Bitcoin, just behind BlackRock. 

Image from Bitbo

Interestingly, Strategy’s playbook for building a BTC-heavy balance sheet is not slowing down. Even as the company reported its fifth consecutive quarterly net loss, investor sentiment is still optimistic. The company reported an unrealized $5.9 billion loss in the first quarter of 2025. However, its stock is up by approximately 32% since the beginning of the year and has outperformed the Nasdaq 100 index, which is down nearly 6% over the same period. 

How Strategy Is Doing On Its Current BTC Holdings

Strategy’s market value is now deeply influenced by Bitcoin’s price direction. The company’s BTC portfolio has yielded a 13.7% return so far in 2025, generating a paper gain of $5.8 billion. Despite the crypto market volatility, the company updated its BTC yield target from 15% to 25% and a $15 billion profit goal by the end of the year. 

Image From Strategy.com

At the time of writing, Strategy’s Bitcoin strategy continues to pay well, and the company’s stock has been rising in tandem with Bitcoin’s recent rally. MSTR is currently up by 3.35% in the past 24 hours and is currently trading at $394.37. Bitcoin, on the other hand, is trading at $96,500.

Featured image from Unsplash, chart from TradingView

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related Posts

Leave a Reply