Michael Saylor’s Strategy, formerly known as MicroStrategy, is facing one of its biggest tests yet has tumbled by more than 55% since the year started in the stock market, per data from Google Finance.

MicroStrategy disclosed in a form filed with the U.S. Securities and Exchange Commission that it had bought more than 20,000 digital tokens after a week without any purchases. The software company said it acquired 20,

Also: Apple announces $500 billion investment, but UBS has doubts, a conversation with Levi Strauss CEO Michelle Gass.

Strategy, the self-styled Bitcoin treasury company that until recently was known as MicroStrategy, said it acquired $1.99 billion more of the cryptocurrency with the proceeds from last week’s convertible bond sale.

Speaking at CPAC 2025, Saylor, the executive chairman of Strategy (formerly MicroStrategy), told an audience packed with investors and conservative leaders

Strategy founder Michael Saylor said at the annual CPAC conference that the U.S. should seek to stockpile 20% of the Bitcoin supply.