As the cryptocurrency market continues to experience volatility, Michael Saylor's commitment to Bitcoin remains unwavering. With the company on the verge of making its 100th purchase, Strategy's conviction in the digital currency has been demonstrated over nearly six years of ups and downs.
The milestone highlights Strategy's unique approach to treasury management, which has seen it accumulate a substantial 717,131 BTC across 99 separate transactions. With an average purchase price of $76,027 per coin, the firm's total investment now exceeds $54 billion, resulting in unrealized losses of approximately $12.4 billion given today's trading prices.
Despite these losses, Saylor shows no signs of retreat, with Strategy logging a Bitcoin purchase every single month since November 2024. In contrast, many institutional players have been stepping back from the market, as evidenced by five consecutive weeks of outflows from spot Bitcoin ETFs.