Michael Saylor’s Bitcoin Bet Has Grown Twofold Since Trump’s Election Victory

Key Takeaways:

  • Nearly 60% of Strategy's 628,791 Bitcoins were purchased after the 2024 Presidential election.
  • Trump’s push for broader crypto clarity has fueled BTC to all-time highs and motivated more acquisitions.
  • As BTC price projections hover at $150K, corporate firms view the asset as a hedge against inflation.

Michael Saylor’s Bitcoin treasury firm, Strategy, has significantly expanded its cryptocurrency holdings since Donald Trump’s victory in the U.S. federal election last November.

In just eight months, the company has acquired 376,571 BTC, now worth $43.2 billion at current market prices. For comparison, it took Strategy over four years to accumulate the previous 252,220 BTC, a process that involved slower, more measured purchases.

Bitcoin Boom Tied to Trump’s Bold Crypto Vision

On August 4, Strategy disclosed the acquisition of $2.46 billion worth of Bitcoin over the past week. The purchase ranks as its third-largest by dollar value since the company began accumulating the cryptocurrency five years ago.

Between July 28 and August 3, the firm acquired 21,021 Bitcoin, according to a filing with the U.S. Securities and Exchange Commission (SEC). That brings its total holdings to 628,791 BTC, worth $71.81 billion at current prices.

What stands out here  is how quickly that number has grown. 

Around 60% of the company’s current BTC holdings were acquired when Donald Trump was declared as the next President of the United States (POTUS) in November 2024.

This sharp acceleration in Strategy’s Bitcoin buying has been largely attributed to Trump’s pro-crypto stance and the changes introduced under his administration.

Even before the election, Trump’s campaign leaned heavily on promises to turn America into a global crypto powerhouse. Other key promises included removing Gary Gensler as SEC chair, repealing restrictive crypto regulations, and opposing a central bank digital currency (CBDC).

Following Trump’s inauguration on January 20, Bitcoin surged to a record $109,114, signalling renewed confidence in the market. 

Since then, POTUS has pushed for crypto reforms, replaced leadership at both the SEC and the CFTC (Commodity Futures Trading Commission), and signed an executive order to establish a national Bitcoin reserve.

He has also rolled back much of the Biden-era enforcement approach to crypto, replacing it with a regulatory framework aimed at clarity and growth.

On July 14, Bitcoin soared to a new high of $122,571.19 before settling around $121,952.61. At press time, Bitcoin trades at $114,000.

Trump’s administration also formed the President’s Working Group on Digital Assets, which recently issued 18 reform proposals to the SEC and CFTC to bring clearer oversight to the industry.

Both agencies responded by launching the Crypto Sprint and Project Crypto initiatives to begin rolling out these changes.

New laws such as the GENIUS Act aim to support compliant stablecoin issuers while protecting users. The Clarity Act has addressed overlapping regulatory powers, giving investors and businesses a more stable legal environment.

Together, these developments reinforce Trump’s broader vision for Bitcoin and crypto and have only deepened Michael Saylor’s conviction. 

Hedge Against Inflation & Currency Devaluation Propels More Acquisitions

Strategy isn’t the only one doubling down on Bitcoin. Japanese investment firm Metaplanet has also acquired more Bitcoins. This week, Metaplanet announced the purchase of 463 BTC for $53.7 million. Metaplanet’s aggressive Bitcoin strategy has yielded substantial returns

The firm has now recorded a 459.2% Bitcoin yield year-to-date.

Metaplanet currently holds 17,595 BTC, purchased for a total of $1.78 billion. In June, it became the seventh-largest corporate Bitcoin holder, overtaking both Coinbase and Jack Dorsey’s Block.

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