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Billionaire Michael Saylor reveals his elaborate scheme to acquire $84 billion worth of Bitcoin (BTC)
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Strategy's Micro Bitcoin Spree Continues, Plans to Raise $84 Billion for More BTC
Michael Saylor, the boss man at Strategy, is at it again with Bitcoin purchases, this time aiming to accumulate tens of billions more. Saylor announced the firm's intention to double the capital, upping it from $42 billion to a whopping $84 billion.
Strategy, a company that’s already stashed away over 2.6% of the overall Bitcoin supply, currently holds 553,555 BTC worth around $53 billion. They've been buying like crazy lately, with the most recent score on April 28th, snagging a cool $1.42 billion in BTC.
Saylor said, "MSTR announces BTC Yield of 13.7% and BTC gain of $5.8 billion year-to-date, doubles capital plan to $42 billion equity and $42 billion fixed income to purchase Bitcoin, and increases BTC Yield target from 15% to 25% and BTC dollar gain target from $10 billion to $15 billion for 2025."
Veteran crypto trader The Flow Horse isn't exactly sold on Saylor's plans, but he's not shy about sharing his thoughts: "Right now Michael Saylor + MicroStrategy’s Bitcoin stake is arguably the largest concentrated position in any globally traded asset by a private company or individual. Not a fan [to be honest]."
Bitcoin is trading for $96,179 as of writing, down 1.3% over the past day.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Crypto is risky, so do your due diligence. Got it? This is a wild world.
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Enrichment Data:
Main Points: Michael Saylor's BTC Purchases for Strategy
- Strategy (MicroStrategy) is set to double its $42 billion capital plan for Bitcoin purchases, now up to $84 billion.
- BTC accumulation has pushed Strategy's holdings to 553,555 BTC, worth over $53 billion at current prices.
- The company bought $1.42 billion worth of BTC in April 2025, bringing its total to 555,450 BTC.
- CEO Michael Saylor outlined his plans to increase the Bitcoin Yield target from 15% to 25% and BTC dollar gain target from $10 million to $15 billion for 2025.
- The increased capital plan for Bitcoin purchases by Strategy, now totaling $84 billion, underscores the company's continued commitment to investing in cryptocurrency.
- As altcoins and other cryptocurrencies gain popularity, many are looking to these large-scale investments by companies like Strategy as potential indicators of future market trends in the finance industry.
