Michael Saylor, Executive Chairman of Strategy, has announced a significant Bitcoin acquisition, reaffirming his strategy in the cryptocurrency market.
Details of the Bitcoin Purchase
On June 30, 2025, Strategy purchased 4,980 BTC at an average price of $106,801 each. This increases the company's total Bitcoin holdings to 597,325 BTC.
Market Impact and Liquidity Concerns
Strategy's control over 2.8% of all Bitcoin raises concerns about potential supply shocks. This concentration may impact overall market liquidity and promote increased institutional adoption of Bitcoin.
Michael Saylor's Long-Term Vision
Saylor reflects confidence in Bitcoin's future, stating, 'In 21 years, you'll wish you'd bought more.' His approach suggests the possibility of buying Bitcoin even at $1 million per coin in the future.
Michael Saylor's purchase underscores the company's strategic approach to Bitcoin investment and may influence market dynamics going forward.