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Strategy to Buy Back Tens of Thousands of Bitcoin Worth US$2.46 Billion
The strategy to purchase 21,021 Bitcoin worth US$2.46 billion at a price of US$117,256 per coin, Monday (29/07). The acquisition was made after the business intelligence company raised US$2.5 billion from its fourth preferred stock, STRC, making it an initial public offering.
The purchase has made Michael Saylor's company now own 628,791 Bitcoin, bought for approximately US$46 billion at an average price of US$73,277 per coin. Throughout the year 2025 until July 30, it has recorded a yield of (yield) Bitcoin of 25.0%.
Previously, Saylor predicted that Bitcoin would reach US$21 million by 2046, Saturday (21/06). He has always been with this asset, even when its price plummeted to US$16,000 during the last crypto winter, but Donald Trump's victory last November brought significant changes to this industry.