This Billionaire Turned a Software Firm Into a $42 Billion Bitcoin Whale

Michael Saylor doesn’t just believe in Bitcoin. He’s betting his entire company on it. On Saturday, the billionaire founder of MicroStrategy, once a sleepy business software firm, announced he had bought another 245 bitcoins for around $26 million, paying an average of $105,856 per coin. That brings MicroStrategy’s Bitcoin holdings to a jaw-dropping 592,345 BTC, acquired for $41.87 billion at an average cost of $70,681 per coin. Saylor posted the update to his 4.4 million followers on X, bragging that his “BTC yield” is up 19.2% in 2025. That’s not...