Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Saylor teases a new massive Bitcoin purchase

Saylor teases a new massive Bitcoin purchase

Cointribune2025/10/20 11:03
By: Cointribune
BTC+1.75%GROK0.00%
Summarize this article with:
ChatGPT Perplexity Grok

For a few days, bitcoin fans have noticed a change of pace. Strategy, Michael Saylor’s armed wing, had accustomed us to rapid BTC purchases. But the frequency has decreased. No more big net hauls, nor thundering declarations. Simple tactical pause or true re-evaluation? On X, Saylor has just reactivated the radar with a well-known image and a minimalist message. His own way of saying: “stay tuned.”

Saylor teases a new massive Bitcoin purchase image 0 Saylor teases a new massive Bitcoin purchase image 1

In brief

  • Strategy holds 640,250 BTC, which is 2.5% of all bitcoin in global circulation.
  • Michael Saylor publishes a suggestive chart, often indicative of an imminent bitcoin purchase operation.
  • Michael Saylor publishes a suggestive chart, often indicative of an imminent bitcoin purchase operation.
  • Metaplanet illustrates the paradox: a NAV at 0.99 despite its solid bitcoin reserves held.

Michael Saylor, against winds and NAV

In a sector mined with turbulence, Michael Saylor remains an unyielding captain. Strategy currently holds 640,250 BTC, which is 2.5% of the total supply — a threshold reached after a purchase of 220 BTC made last week. Alone, these bitcoins are worth about 69 billion dollars at current value. Yet, while Strategy capitalizes, other companies are faltering.

This is the case for Metaplanet, whose market value has fallen below that of its own BTC reserves. Result: a NAV below 1, revealing a sentiment of mistrust.

And it is in this context that Saylor published a chart of his previous purchases , accompanied by the phrase: “The most important orange dot is always the next one“. Previous similar hints have always announced a new operation. Investors know: when calm settles, the hawk circles above the prey.

His strategy does not change. He treats bitcoin as a superior store of value. He borrows, sells shares, issues convertible bonds. He turns Strategy into an unofficial bitcoin ETF, an entity that rides the rises and digs into the falls. His current capital gain? 45.6%, based on a purchase of $74,000 per BTC.

Bitcoin on sale: the small losers, the big winner

The contrast is striking. Where shareholders absorb shocks, companies like Strategy grow their portfolio. Many crypto firms took advantage of the 2021-2022 euphoria to raise funds at high prices. But the backlash is severe. Their shares sometimes no longer even equal the sum of the bitcoins they hold. 

Individual investors, meanwhile, face bare losses, while companies accumulate tangible assets.

Take Metaplanet : a NAV at 0.99, a market that refuses to value a company according to its assets. It’s a whole logic that reverses. The more BTC in the vault, the lower the valuation. A dissonance that does not escape Michael Saylor.

No detour through ether, solana or other exotic cryptos. Strategy remains focused on bitcoin. This choice betrays a deep conviction: no dispersion, no opportunism strategy. It’s not a diversification, it’s an anchorage.

Key points to keep in mind

  • 640,250 BTC in Strategy’s accounts;
  • 2.5% of the total global supply;
  • Estimated valuation of 69 billion dollars;
  • 45.6% capital gain compared to the average cost;
  • Metaplanet drops below a NAV ratio of 0.99.

Meanwhile, Michael Saylor does not speak of a massive purchase. He suggests it. And for those who have been watching him since 2020, this silent language is often louder than an official statement.

In the third quarter, Strategy recorded 3.9 billion dollars in gains . Yet, Michael Saylor has not budged. No announcement, no purchase. A calculated pause? Probably. But judging by his latest post, the story is not over. The next “orange dot” could well mark a new era of accumulation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ETH falls below $4,000
Cointime2025/10/20 19:57

Trending news

More
1
21Shares has submitted a new INJ ETF application
2
50 million XRP transferred from Chris Larsen's address to an unknown wallet, worth approximately $124 million

Crypto prices

More
Bitcoin
Bitcoin
BTC
$110,629.39
+1.57%
Ethereum
Ethereum
ETH
$3,980.53
-0.56%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,097.74
-1.66%
XRP
XRP
XRP
$2.49
+3.81%
Solana
Solana
SOL
$189.93
+0.50%
USDC
USDC
USDC
$0.9999
-0.01%
TRON
TRON
TRX
$0.3227
+0.65%
Dogecoin
Dogecoin
DOGE
$0.1998
+1.87%
Cardano
Cardano
ADA
$0.6643
+1.24%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter