Michael Saylor, CEO of Strategy Digital, hinted at the possibility of new Bitcoin purchases following a drop in its price below $99,000, highlighting his strategic investment approach.
Michael Saylor and His Bitcoin Accumulation Strategy
On June 22, 2025, Michael Saylor tweeted, 'nothing stops this orange', implying that his company, Strategy Digital, may increase its Bitcoin purchases. The firm currently holds over 592,000 BTC, making it the largest public corporate holder of Bitcoin.
Current Bitcoin Market Situation
Following Saylor's tweet, Bitcoin's price declined amid geopolitical tensions in the Middle East. However, Saylor views price weakness as a buying opportunity. Analysts expect Strategy Digital to reenter the market on June 23, potentially increasing its assets valued at $58.6 billion. Market sentiment remains cautious as retail and institutional investors react to price drops.
Long-term Prospects for Bitcoin
On June 21, Saylor predicted that Bitcoin could reach $21 million by 2046. This projection underscores his confidence in Bitcoin as a valuable asset, even amidst global uncertainty. Saylor's actions suggest that he believes in Bitcoin's resilience to political and market shocks.
Thus, Michael Saylor's intention to increase investments in Bitcoin, despite short-term volatility, may indicate his confidence in the cryptocurrency's future as a reliable asset.
