In a recent tweet, Michael Saylor, co-founder of Strategy, described Bitcoin as 'an offer you can’t refuse,' borrowing a phrase from classic cinema.
Michael Saylor's View on Bitcoin's Value
Saylor tweeted to express his views on Bitcoin's value using the well-known phrase from 'The Godfather': 'Bitcoin—An Offer You Can’t Refuse.' This quote, inspired by Shakespearean tragedies, emphasizes the uniqueness of Bitcoin’s offers in the financial market.
Company's Strategy for Accumulating Bitcoin
Under Michael Saylor's leadership, Strategy has become the largest publicly traded holder of Bitcoin, accumulating over 628,000 BTC in its corporate treasury. As of July 29, 2025, Strategy owned 628,791 BTC, which was acquired for nearly $46.08 billion at $73,277 per Bitcoin.
Current Cryptocurrency Market Conditions
Cryptocurrencies initiated a slight recovery at the beginning of the week, with Bitcoin stabilizing after major sell-offs on Friday and Saturday triggered by significant ETF outflows. According to a recent CoinShares report, digital asset investment products recorded $223 million in outflows. Despite high outflows, year-to-date inflows remain strong at $20 billion.
Michael Saylor's statement on Bitcoin's value as 'an offer you can’t refuse' reiterates the importance of this cryptocurrency in the modern financial world. The market remains dynamic with further changes in investment flows.