Michael Saylor has ignited fresh speculation about another major Bitcoin purchase from his company Strategy. Following Friday’s market downturn, the Bitcoin pioneer shared a chart of his firm’s massive BTC portfolio—now valued at $71.7 billion—with the caption “Don’t Stop ₿elievin’.” This move strongly suggests Strategy may be preparing to buy the dip, continuing its legendary accumulation strategy.
Strategy’s Historic Bitcoin purchase
The shared chart reveals Strategy currently holds 640,031 BTC, acquired at an average price of $73,983 per coin. Importantly, the company’s unwavering conviction has generated staggering returns; their holdings have appreciated by over 51%, representing profits exceeding $24 billion. Furthermore, the graphic clearly shows orange dots marking each Bitcoin purchase, demonstrating consistent buying through both market rallies and corrections.
Saylor’s timely post arrived as Bitcoin stabilized above $113,000, recovering from the October 10 sell-off that wiped billions from the market. Consequently, many investors interpret this as a clear signal that Strategy views the current prices as an attractive entry point. The company has famously treated Bitcoin as a primary treasury reserve asset rather than a short-term trade.
Market Impact and Future Outlook
Strategy’s strategy has profoundly influenced corporate treasury management worldwide. Moreover, their public commitment provides significant psychological support during market volatility. As the largest corporate Bitcoin holder, their continued accumulation signals strong fundamental confidence in Bitcoin’s long-term value proposition.
My Thoughts
Saylor’s timing is typically impeccable. His public display of confidence during market weakness often marks local bottoms. While not an explicit announcement, his track record suggests another Bitcoin purchase could be imminent. This would likely trigger renewed institutional interest and reinforce Bitcoin’s status as a corporate treasury asset.
