Strategy co-founder and executive chairman Michael Saylor’s relentless Bitcoin accumulation strategy is paying off on a historic scale.
As of August 12, with Bitcoin trading at $118,567, Saylor’s stash of 628,946 BTC is now worth approximately $76.16 billion, according to wallet tracking data. With a total investment of $46.1 billion, Strategy sits on $30.06 billion in unrealized profit a 65% paper gain.
Strategy adds 155 BTC
The latest boost follows Strategy’s recent purchase of 155 BTC for roughly $18 million, a move that underscores Saylor’s unwavering belief in Bitcoin as “digital gold” and the ultimate treasury reserve asset.
Since adopting its Bitcoin-first balance sheet strategy in 2020, the company has continued to accumulate coins through both bull and bear markets, positioning itself as the largest corporate Bitcoin holder by a wide margin.
For context, legendary investor Michael Burry made roughly $700 million from his famous “Big Short” trade during the 2008 financial crisis, an amount dwarfed by Saylor’s current paper gains.
With Bitcoin approaching its all-time highs and institutional demand accelerating, MicroStrategy’s balance sheet strategy has transformed the company into a de facto Bitcoin ETF, but one run by perhaps the most vocal BTC evangelist in the corporate world.
