Michael Saylor Signals More Bitcoin Buying Amid Dip

Michael Saylor hinted at another Bitcoin purchase as Strategy's holdings near 576,230 BTC and unrealized gains exceed $21.8 billion.
Michael Saylor Signals More Bitcoin Buying Amid Dip
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Key Takeaways

  • Michael Saylor hinted at another Bitcoin purchase following BTC's price dip.
  • Strategy currently holds 576,230 BTC with over $21.8 billion in unrealized gains.
  • The company has made Bitcoin purchases for seven consecutive weeks.

Michael Saylor, co-founder of Strategy, has hinted at another major Bitcoin acquisition following a recent price dip from the May 22 all-time high of $112,000.

In a post to his 4.3 million followers on X, Saylor wrote:

I only buy Bitcoin with money I can’t afford to lose.

Recent purchases & holdings

The remark comes just days after Strategy’s latest purchase of 7,390 BTC on May 19 for roughly $765 million.

That brought the company’s total holdings to 576,230 BTC.

According to SaylorTracker, those holdings now reflect over $21.8 billion in unrealized capital gains—an increase of 54% on the company’s Bitcoin investments.

Continued buying streak

If Strategy proceeds with a new acquisition on May 26, it will mark the firm’s seventh straight week of Bitcoin purchases.

Market position & analyst opinions

Strategy’s aggressive Bitcoin buying has positioned it as a key institutional player in the market.

Analysts like Jeff Walton believe this could catapult the company into historic territory.

In a recent Financial Times documentary, Walton said:

Strategy holds more of the best assets, and the most pristine collateral, on the entire planet than any other company, by multiples.

Strategy’s unique approach

He added that Strategy’s ability to raise billions in capital—then use that to acquire Bitcoin instead of spending on operations—sets it apart from other firms.

Market challenges

Despite long-term optimism, Bitcoin has faced resistance near the $150,000 level.

Saylor attributed the stagnation to profit-taking and a lack of long-term conviction from newer investors.

Bitbo Dashboard → / Original Article