Bitcoin investment strategy makes $217 million purchase, triggering BTC price fluctuations
In a recent development, Michael Saylor, CEO and founder of Strategy Inc. (formerly MicroStrategy), announced the acquisition of an additional 1,955 Bitcoin, bringing the company's total holdings to a staggering 638,460 BTC. This latest purchase, valued at approximately $71.5 billion, lifted the average Bitcoin purchase price for the company to $73,880 per Bitcoin.
The funds for this purchase were raised through at-the-market sales of Strategy's Class A common stock, MSTR, perpetual Strike preferred stock, STRK, perpetual Strife preferred stock, STRF, and perpetual Stride preferred stock, STRD. In an 8-K filing submitted last week, Strategy noted that it purchased 4,048 Bitcoin between August 26 and September 1, 2021, at an average price of $110,981.
This move by Strategy has been met with mixed reactions. While some investors are impressed with the company's commitment to Bitcoin, others have questioned the addition of Robinhood Markets Inc. to the S&P 500 Index instead, to replace Caesars Entertainment. Some investors think there may be some problems or bias with the criteria and rationale behind the S&P 500 index selection process.
Despite these concerns, it is clear that Strategy's adoption of a strong Bitcoin reserve has been instrumental to the growth of its share. In a tweet posted on September 6, 2025, Saylor shared infographics to substantiate his claims, showing how MSTR shares have long outranked the S&P 500. Over the years, MSTR has even outpaced Bitcoin, with MSTR rising 92% compared to the S&P 500's 14% and Bitcoin's 55% annualized growth based on the "Bitcoin Standard Era Return."
It's important to note that the tweet does not provide any financial or investment advice. It is always recommended to verify information and consult with a professional before making any decisions based on this content.
Interestingly, the BTC price had risen from $110,500 to $112,200 just before the announcement on Monday morning, but has since declined slightly to around $111,900 after the news broke. The current price of Bitcoin is $111,959.15, with a 0.74% increase within the last 24 hours.
As Strategy continues to invest heavily in Bitcoin, it will be interesting to see how this trend unfolds in the future. For now, the company remains committed to its Bitcoin strategy, and it seems that this approach is paying off.
