Michael Saylor, co-founder of Strategy, formerly known as MicroStrategy, has hinted at a significant Bitcoin (BTC) acquisition. This speculation arose on February 23, 2025, following Saylor’s social media activity, which suggested that recent BTC transactions were not yet reflected in the Bitcoin tracker he shared.
- Michael Saylor hints at major Bitcoin acquisition
- Strategy aims for $42 billion in BTC
- Institutional interest from state pension funds
- Saylor advocates for U.S. Bitcoin dominance
- Strategy's stock faces recent decline
- Bitcoin experiences slight market dip
Strategy’s recent activity is part of its larger “21/21 Plan,” which aims to secure $42 billion in Bitcoin investments. This plan includes raising $21 billion through equity sales and another $21 billion via fixed-income securities. The initiative has attracted significant attention from institutional investors, including U.S. state pension funds and treasuries, which collectively hold $330 million in Strategy shares as of late 2024. Notably, states such as California, Florida, Wisconsin, and North Carolina have the largest exposure to these investments.
Saylor’s enthusiasm for Bitcoin extends beyond mere acquisitions. He recently spoke at the CPAC conservative conference, advocating for the U.S. to acquire 20% of the global Bitcoin supply. He believes that this strategic move would enhance the nation’s financial standing and leadership in the digital economy. Saylor stated, “There’s only room for one nation-state to buy up 20% of the Bitcoin network, and obviously, I think it should be the united states.”
Despite the positive sentiment surrounding Strategy’s plans, the company’s stock, MSTR, faced a decline, trading at $299.69 after a 7.48% drop. Concurrently, Bitcoin’s price dipped to $95,759.21, reflecting a 0.61% decrease in the last 24 hours. These fluctuations highlight the ongoing volatility in both the cryptocurrency market and related equities, even as institutional interest appears to grow.
In summary, Michael Saylor’s Strategy is gearing up for another significant Bitcoin acquisition, aligning with its ambitious investment goals. The firm’s plans have garnered institutional interest, but market fluctuations remain a concern for investors.