MicroStrategy’s Bitcoin Strategy Delivers 91% Annualized Return, Says Michael Saylor
MicroStrategy added 525 BTC worth $60.2 million, financed through equity sales, lifting its total holdings to nearly 639,000 BTC and reinforcing its role as the largest corporate Bitcoin holder.
MicroStrategy acquired 525 BTC between September 8–14, 2025, at an average price of $114,562, totaling $60.2 million. This purchase increases its Bitcoin holdings to 638,985 BTC, acquired at a cumulative cost of $47.23 billion and averaging $73,913 per coin. The acquisition was financed through proceeds from at-the-market equity offering programs, which raised $68.2 million via preferred share sales. MicroStrategy continues to frame Bitcoin as its core treasury reserve asset, emphasizing long-term accumulation and corporate treasury diversification under Michael Saylor’s leadership.
- Bitcoin Treasury: The accumulation of Bitcoin by a corporation as part of its reserve assets, treating it as a store of value similar to gold.
- ATM equity offering: A financing method where a company sells newly issued shares directly into the open market over time to raise capital.