MicroStrategy has again increased its investment in Bitcoin despite recent market fluctuations. According to the latest data, it acquired 3,081 BTC for $356.9 million as part of its long-term strategy.
New Purchase of 3,081 BTC
Last week, MicroStrategy announced the purchase of 3,081 bitcoins for $356.9 million, according to an official filing with the SEC. The average price reached $115,829, slightly above the recent low of $112,000 recorded on Thursday. As a result, the total volume of Bitcoins held by the company has reached 632,457 BTC, purchased for a total of $46.5 billion, confirming that despite market fluctuations, Michael Saylor remains significantly profitable on his investments.
Unusual Strategy: Buy at the Peak
Michael Saylor adopts an unconventional approach in his investments. His philosophy is simple: to strengthen positions even at high prices rather than take advantage of corrections. 'I am going to buy the top forever. Bitcoin is the exit strategy,' he stated in 2024. This vision is explained by his understanding of Bitcoin as a store of value, whose future price will inevitably surpass current levels. However, this radical approach raises questions and discussions among analysts.
Raised Performance Targets for 2025
Beyond the volumes purchased, attention is now focused on internal performance indicators. In July, MicroStrategy raised its targets: the planned BTC yield was increased from 25% to 30% for 2025. The profit target from BTC was adjusted from $15 billion to $20 billion. So far, the 25% mark was already surpassed in July, with the indicator reaching 25.4% early this week, indicating that the company is not only focused on accumulation but also on optimizing its financial results.
Thus, despite the slowing pace of purchases, MicroStrategy continues to adhere to its long-term strategy regarding Bitcoin, confidently increasing its assets and adjusting performance metrics for future success.
