Michael Saylor’s Strategy missed Bitcoin’s brief drop to $60,000 last week, purchasing $90 million worth of BTC at an average price near $78,800. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another tranche of BTC last week, expanding its holdings without pushing its overall cost basis lower. Strategy acquired 1,142 Bitcoin (BTC) for $90 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $78,815 per BTC despite Bitcoin trading below that level for most of the week and briefly touching $60,000 on Coinbase last Thursday. Read more
Latest filings show Strategy bought 855 Bitcoin at about $88,000 each last week, as BTC briefly fell below its average cost for the first time since 2023. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000. Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $87,974 per BTC, with Bitcoin starting the week above $87,700 and reaching $90,000 before briefly plummeting below $75,000 on Sunday, according to CoinGecko. Read more
The latest crash came after US President Donald Trump nominated Kevin Warsh to replace Federal Reserve chair Jerome Powell, sending Bitcoin down to $75,892 late on Sunday. Strategy founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the red. “More Orange,” the Strategy executive chairman posted to X on Sunday alongside a chart showing his firm’s $55 billion worth of Bitcoin purchases since August 2020. Saylor often posts the chart as a signal that his company has bought or plans to buy Bitcoin. It would mark Strategy’s fifth Bitcoin (BTC) purchase this year, with its largest coming on Jan. 20, when it bought 22,305 Bitcoin. Strategy is by far the largest Bitcoin treasury company, with over 712,647 Bitcoin under management Read more
Major changes to the Bitcoin protocol should be well-thought-out and rare, Strategy co-founder Michael Saylor previously said. The biggest threat to the Bitcoin network is “ambitious opportunists” who want to push through protocol changes, according to Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy. Saylor’s comments sparked a debate online. Bitcoin maximalist Justin Bechler said the comments were directed toward software developers pushing for non-monetary use cases on Bitcoin, such as non-fungible tokens (NFTs) and onchain images in blocks. “The greatest risk to Bitcoin is quantum,” investor Fred Krueger said, while others like Mert Mumtaz, the CEO of remote procedure call (RPC) node provider Helius, disagreed with Saylor. Mumtaz said: Read more
Speaking in Abu Dhabi, the Strategy CEO said nations could use Bitcoin reserves and tokenized credit markets to offer regulated accounts with higher yields. Michael Saylor, CEO of the world’s largest Bitcoin treasury holder, is pushing nation-states to develop Bitcoin-backed digital banking systems that offer high-yield, low-volatility accounts capable of attracting trillions of dollars in deposits. Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor said countries could use overcollateralized Bitcoin (BTC) reserves and tokenized credit instruments to create regulated digital bank accounts that offer higher yields than traditional deposits. Saylor noted that bank deposits in Japan, Europe and Switzerland offer little to no yield, while euro money-market funds pay roughly 150 basis points, and US money-market rates are closer to 400 basis points. He said this explains why investors turn to the corporate bond market, which “wouldn’t exist if people weren’t so disgusted with their bank account.” Read more
Schiff also challenged Binance co-founder Changpeng Zhao (CZ) to a debate, slated to take place in December in the United Arab Emirates. Gold investor Peter Schiff called Strategy’s business model, which hatched the biggest Bitcoin (BTC) treasury company in the world, a “fraud” on Sunday and challenged the company’s founder, Michael Saylor, to a debate. Schiff, who is one of crypto and Bitcoin’s harshest critics and a staunch gold advocate, challenged Saylor to a debate at Binance Blockchain Week in Dubai, United Arab Emirates (UAE), in December. In a separate X post, Schiff argued: Once this happens, Strategy will no longer be able to issue more debt, sparking a “death spiral,” Schiff continued. Read more
Strategy chairman Michael Saylor denies reports of Bitcoin sell-offs, Canary Capital’s XRP ETF had a strong debut: Hodler’s Digest Michael Saylor, executive chair of Strategy, denied reports that the company was offloading some of its Bitcoin amid a flash crash in the cryptocurrencys price. In a Friday X post, Saylor said that there was no truth to a report claiming that Strategy reduced its overall Bitcoin holdings by about 47,000 BTC, or $4.6 billion at the time of publication. Saylor said the company was continuing to buy Bitcoin as the price dropped by more than 4% in less than 24 hours, from more than $100,000 to less than $95,000. I think the volatility comes with the territory, said Saylor in a Friday CNBC interview. If youre going to be a Bitcoin investor, you need a four-year time horizon and you need to be prepared to handle the volatility in this market. Read more
Strategy chairman Michael Saylor denies reports of Bitcoin sell-offs, Canary Capital’s XRP ETF had a strong debut: Hodler’s Digest Michael Saylor, executive chair of Strategy, denied reports that the company was offloading some of its Bitcoin amid a flash crash in the cryptocurrencys price. In a Friday X post, Saylor said that there was no truth to a report claiming that Strategy reduced its overall Bitcoin holdings by about 47,000 BTC, or $4.6 billion at the time of publication. Saylor said the company was continuing to buy Bitcoin as the price dropped by more than 4% in less than 24 hours, from more than $100,000 to less than $95,000. I think the volatility comes with the territory, said Saylor in a Friday CNBC interview. If youre going to be a Bitcoin investor, you need a four-year time horizon and you need to be prepared to handle the volatility in this market. Read more
Positive regulatory developments in the US over the last 12 months are a good sign for the digital asset industry and markets, the Strategy co-founder said. Michael Saylor, the co-founder of Strategy, the biggest Bitcoin (BTC) treasury company by holdings, forecast that Bitcoin would hit $150,000 by the end of 2025. “I think that these 12 months have probably been the best 12 months in the history of the industry,” Saylor told CNBC at the Money 20/20 conference in Las Vegas on Monday. Saylor cited the Securities and Exchange Commission (SEC) embracing tokenized securities, US Treasury Secretary Scott Bessent endorsing stablecoins to protect dollar dominance, and the overall regulatory pivot in the US as reasons to remain bullish. He said: Read more
Strategy’s Bitcoin bet swelled by $3.9 billion in unrealized gains last quarter, even as Michael Saylor broke tradition by skipping a fresh BTC purchase. Strategy Inc. co-founder and executive chairman Michael Saylor said Monday that the company had a massive $3.9 billion fair value gain on its Bitcoin holdings during the third quarter of the year. On Saturday, Bitcoin (BTC) reached a new all-time high of $125,000 as exchange balances plunged to six-year lows. Saylor’s Strategy, a company known for adding to its Bitcoin stockpile during new price highs, said that it is skipping its BTC purchase this week. On X, Saylor said that instead of a new Bitcoin buy, the company is highlighting its returns. “No new orange dots this week — just a $9 billion reminder of why we HODL,” Saylor said, sharing a chart where orange dots represented the company’s Bitcoin buys. Read more
Michael Saylor's Strategy is up over 52% on its Bitcoin investment, representing an unrealized capital gain of over $21.8 billion. Strategy co-founder Michael Saylor signaled the company's 11th consecutive week of Bitcoin (BTC) purchases, a streak that began on April 14. "In 21 years, you'll wish you'd bought more," Saylor wrote to his 4.4 million followers on X. The Strategy co-founder has gained roughly 1 million followers on the social media platform over the last year. The company's most recent Bitcoin acquisition occurred on June 23, when Strategy purchased 245 BTC for $26 million, bringing its total holdings to 592,345 BTC, valued at over $63.6 billion. Read more
Bitcoin exposure may provide more shareholder value to Apple investors, as the tech firm’s stock is struggling to reverse a downtrend. Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Strategy’s Michael Saylor. Saylor’s proposition follows a Bitcoin (BTC) rally of over 11% since the beginning of 2025, which outperformed the 18% decline of Apple shares during the same period. Illustrating a growing corporate shift, increasingly more traditional companies are adopting digital assets beyond Bitcoin. Read more
Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Michael Saylor. Apple, the world’s fourth-largest company by market capitalization, should buy Bitcoin (BTC) to address the poor performance of its stock buyback program, according to Strategy executive chairman, Michael Saylor. “Apple should buy Bitcoin,” Saylor said in a June 10 X post. Saylor’s comment responded to Jim Cramer’s criticism of the Apple buyback program. Read more