Michael Saylor’s $84 Billion Bitcoin Bet: How Is Strategy Doing On Its Current BTC Holdings?

Summary

Michael Saylor’s Strategy (formerly MicroStrategy) plans to significantly increase its Bitcoin holdings, currently owning over 553,555 BTC. The company has announced the 42/42 Plan, aiming to raise $84 billion in capital over two years, split between equity and fixed-income instruments for Bitcoin acquisitions. Recent activities include a $21 billion equity offering that acquired over 301,000 BTC, boosting the company's share price by 50%. Despite reporting a $5.9 billion unrealized loss in Q1 2025 and five consecutive quarterly net losses, investor sentiment remains positive, with stock up 32% this year. Strategy's Bitcoin portfolio has generated a 13.7% return in 2025, with a target profit of $15 billion by year-end. The company's stock is currently trading at $394.37, closely tied to Bitcoin's price, which is around $96,500.