- Michael Saylor hints at another Bitcoin buy for Strategy, posting their 607770 BTC stash worth 71.8 billion dollars.
- Strategy’s cash reserves, including a 2.4 billion dollar stock offering, fuel Michael Saylor’s Bitcoin buying spree.
- Michael Saylor’s moves could push Bitcoin to 130000 dollars if it holds above 110000 dollar support.
Michael Saylor Hints at More Bitcoin Buys
Michael Saylor is dropping big hints that Strategy, his company, is about to buy more Bitcoin. He posted on X, showing off Strategy’s huge stash of 607770 Bitcoin, worth 71.8 billion dollars.
This kind of post from Michael Saylor usually means a purchase is coming, like last week when Strategy grabbed 4225 Bitcoin after a similar tease.
After a 12-week buying spree and a short break, they’ve added Bitcoin two weeks in a row, passing 600000 coins. Michael Saylor’s bold moves keep the crypto world watching.
In 2020, Michael Saylor started Strategy’s Bitcoin journey with a 250 million dollar buy, turning the company into a crypto giant.
His latest X post, saying “It all began with a quarter billion in bitcoin,” suggests another big purchase might match that first one. Strategy’s now the top corporate Bitcoin holder, and with prices around 119071 dollars, Michael Saylor’s plans could push the market higher.
Cash Fuels Michael Saylor’s Bitcoin Plan
Strategy’s got plenty of cash to keep buying Bitcoin. Last week, they launched a 500 million dollar stock offering for Bitcoin purchases, then raised it to 2.4 billion dollars. Plus, they’ve got 4.2 billion dollars from another offering ready to go.
Michael Saylor’s knack for raising money keeps Strategy’s Bitcoin machine running, even as competitors like MARA Holdings plan an 850 million dollar Bitcoin buy.
This rush of big players could lift Bitcoin to 130000 dollars if it stays above 110000 dollars, analysts say. Strategy’s stock has increased over 3300 percent since 2020, beating Bitcoin’s 1000 percent climb.
Michael Saylor’s all-in strategy is working, but a Bitcoin crash could hurt with all that debt. For now, Michael Saylor’s leading the Bitcoin charge with no signs of slowing down.
Also Read: Bitcoin Ethereum XRP Price Outlook for the Week Ahead July 28 to August 2 2025
