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Cryptocurrency News Articles
Michael Saylor May Be Preparing to Buy More Bitcoin
May 27, 2025 at 02:18 pm
Michael Saylor, co-founder of Strategy, may be preparing to buy more Bitcoin following the asset's recent dip from its all-time high of $112,000.
Michael Saylor, the co-founder of Strategy and a well-known Bitcoin bull, may be preparing to buy more of the asset following its recent dip from its all-time high of $112,000.
In a cryptic post to his 4.3 million followers on X, Saylor said, "I only buy Bitcoin with money I can’t afford to lose."
The company's most recent acquisition came on May 19, when it added 7,390 BTC worth nearly $765 million, bringing its total Bitcoin holdings to a staggering 576,230 BTC.
If Strategy completes another buy on May 26, it would mark the seventh straight week of BTC accumulation.
According to SaylorTracker, Strategy is currently sitting on over $21.8 billion in unrealized gains, reflecting a 54% increase on its total investment.
Strategy has become a corporate poster child for Bitcoin adoption, shifting its capital-raising efforts toward acquiring BTC instead of traditional investments. Analysts say this move continues to fuel institutional demand and influence market perception of Bitcoin as a treasury reserve asset.
Market analyst Jeff Walton recently told the Financial Times that Strategy could eventually become a $10 trillion company, surpassing all other public firms due to its aggressive accumulation of "the most pristine collateral on Earth."
Unlike most firms that raise capital for operational upgrades, Strategy uses depreciating fiat money to buy what Saylor considers a rapidly appreciating store of value.
Saylor maintains a long-term bullish stance on Bitcoin, predicting the asset will eventually reach millions per coin, despite current resistance near the $150,000 level. He blames recent profit-taking and lack of conviction for the stall in momentum.
With BTC still hovering just below its record highs, Strategy's next move could offer a major psychological boost to the market—and set another precedent for institutional crypto buying.
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