
Michael Saylor Explains Why Bitcoin Price Didn’t Hit $150K
Michael Saylor highlighted a shift in Bitcoin ownership, with long-term holders selling their assets as new investors, particularly those leveraging Bitcoin ETFs.
Michael Saylor highlighted a shift in Bitcoin ownership, with long-term holders selling their assets as new investors, particularly those leveraging Bitcoin ETFs.
Bitcoin (BTC) shot up beyond $87,000 after Strategy (previously MicroStrategy) purchased a massive 6,911 BTC for $584.1 million.
Saylor has a history of encouraging extreme measures for Bitcoin investment, including mortgaging homes and maxing out credit cards.
Recently Nasdaq-listed Fold Holdings has bolstered its Bitcoin reserves with a strategic 10 BTC acquisition, positioning itself among the top 15 corporate Bitcoin holders in the United States.
Economist Peter Schiff has expressed concerns over Strategy’s financial health, citing risks of bankruptcy due to its leveraged Bitcoin strategy.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
The company’s total Bitcoin stash now stands at 499,096 BTC, acquired at an average price of $66,357 per coin, bringing its total valuation to around $33.1 billion.
From Bitcoin’s price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.
Strategy (formerly MicroStrategy) has priced a $2 billion offering of convertible senior notes, with an option for buyers to purchase an additional $300 million, as part of its aggressive Bitcoin acquisition strategy.
Bitcoin price signals bearish trend, dropping below $94k amid market volatility. Meanwhile, Strategy announces $2B note offering to acquire more BTC despite the correction.
Business intelligence firm Strategy has temporarily suspended its Bitcoin purchasing program by pausing stock sales between February 10-14, keeping its massive 478,740 BTC treasury unchanged.
12US state pension funds collectively hold over $330 million in Michael Saylor’s Strategy stock (MSTR), with California, Florida, and Wisconsin leading the investments.
Previously, Metaplanet announced strategic investments from Strategy-backed shareholders led by Capital Group and Norges Bank from Norway.
Michael Saylor’s Strategy has achieved a 4.1% Bitcoin yield year-to-date in 2025, reflecting its commitment to long-term BTC acquisition despite market volatility.
Investment bank KBW initiates coverage of Strategy with an outperform rating, highlighting the company’s potential as a leveraged Bitcoin investment vehicle.