Michael Saylor Hints at Another Bitcoin Buy: What’s Next for Strategy?
A Masterstroke for Bitcoin?
Michael Saylor, the co-founder of Strategy, has once again sent ripples through the Bitcoin community. Over the weekend, he playfully hinted at yet another BTC purchase after the company successfully raised additional funds through a new preferred stock offering.
Saylor, known for being one of Bitcoin’s most vocal supporters, shared a Bitcoin price chart on X with the caption, “needs more orange” – a cryptic yet familiar nod to his firm’s ongoing BTC accumulation strategy. As traditional financial markets reopened, speculation ran wild—was yet another major Bitcoin purchase on the horizon? Spoiler alert: it looks likely.
Strategy’s BTC Stash Keeps Growing
If history is any indication, Saylor and his company rarely sit still when it comes to buying Bitcoin. Their most recent purchase on March 17 added 130 BTC (worth $10.7 million at the time), bringing their total holdings to a staggering 499,226 BTC.
Strategy’s total Bitcoin purchases.
This latest addition was, interestingly, one of their smallest BTC buys to date and followed a brief two-week pause. But with fresh capital from their stock offering—valued at around $711 million—many expect the company to make even bigger moves soon.
A Long-Term Vision: Bitcoin as a Treasury Anchor
Strategy’s approach isn’t just about stacking Bitcoin for the short term—Saylor has a clear philosophy: Bitcoin is digital gold, and he believes it should be the go-to asset for businesses looking to hedge against inflation.
Beyond his own company, Saylor’s influence extends far wider. His evangelism continues to inspire publicly-traded firms to adopt BTC as a treasury reserve asset, mirroring Strategy’s aggressive accumulation strategy. His efforts have also put pressure on governments to reconsider their stance on Bitcoin.
Saylor’s Bold Proposal: The US Should Buy 25% of All Bitcoin
Taking things even further, Saylor recently proposed a monumental idea: the US government should acquire 25% of Bitcoin’s total supply by 2035—a time when nearly all BTC will have been mined.
In his digital assets framework, titled “A Digital Assets Strategy to Dominate the 21st Century Global Economy,” he argues that such a move would position the US as a dominant player in the digital asset space. But will policymakers take this advice seriously? The jury’s still out.
Saylor giving a speech at the Blockworks Digital Asset Summit.
Speaking at the Blockworks Digital Asset Summit, Saylor doubled down, stating:
“Gold still underperforms the S&P Index by a factor of two or more, so there is only one commodity in the history of the human race that was not a garbage investment—the one commodity is Bitcoin—a digital commodity.”
What’s Next?
Despite BTC’s recent market fluctuations, Strategy remains immensely profitable on its Bitcoin bet, currently sitting on over $9.3 billion in unrealized gains. With Saylor at the helm, it’s safe to assume their Bitcoin buying spree is far from over.
As the digital asset space evolves, one thing remains certain—Saylor isn’t slowing down. Whether it’s pushing for broader Bitcoin adoption or making top-dollar purchases, Strategy is solidifying its reputation as one of the biggest believers in the orange coin’s future.
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