MicroStrategy adds BTC worth $27M despite ‘buy gold’ jabs – Here’s why!

Key Takeaways

How much Bitcoin does MicroStrategy hold now?

The company now owns 640,250 BTC, valued at roughly $47.38 billion, making it the largest corporate Bitcoin holder in the world.

How did the market react to the purchase?

MicroStrategy’s stock (MSTR) jumped 3.5% to $315.47, even as Bitcoin itself dipped 2.61% in 24 hours.

Donald Trump’s latest tariff shock may have rattled global markets and sent crypto prices sliding, but institutions aren’t backing down just yet.

Michael Saylor’s Bitcoin bet

In fact, Strategy (formerly MicroStrategy) Founder, Michael Saylor, doubled down on his Bitcoin [BTC] conviction. He revealed a fresh purchase of 220 BTC worth around $27.2 million at an average price of $123,561 per coin.

This pushed the company’s total holdings to 640,250 BTC valued at roughly $47.38 billion.

While Bitcoin supporters hailed Saylor’s move, longtime gold advocate Peter Schiff took aim at both Saylor and BTC.

He said, 

“So why didn’t you buy any when the price crashed down to $104K? Your average purchase price on the week is nearly 8% above the current market. Also, your average price on your entire position is $74K. That’s only a 55% gain. MSTR would be better off had you bought gold instead.” 

Yet, despite ongoing criticism from skeptics, Saylor’s Strategy continues to serve as a benchmark for institutional Bitcoin adoption.

How is Bitcoin helping Strategy?

Data from BitBo showed that the company currently holds 640,031 BTC, valued at approximately $71.84 billion, making it the largest corporate holder of Bitcoin globally.

Further validating this position, CoinGecko’s Bitcoin Treasury Holdings data, which tracks both publicly traded companies and governments holding Bitcoin as part of their reserves, placed MicroStrategy firmly at the top of the list.

Additionally, MicroStrategy’s stock (MSTR) reacted positively to the announcement, rising by 3.50% to $315.47, according to Google Finance.

At press time, BTC was trading at $112,219.95, down 2.61% in the past 24 hours and 9.41% over the past week, per CoinMarketCap data.

Policy tailwinds strengthen Saylor’s conviction

This coincided with the IRS’s new guidance mark, which turned out to be a major win for Strategy.

In fact, the revised policy allows companies to defer taxes on unrealized gains until assets are sold, reversing earlier Corporate Alternative Minimum Tax (CAMT) rules.

For a company deeply invested in Bitcoin, the move eases financial pressure and reinforces Michael Saylor’s conviction in BTC as a long-term treasury asset.