Strategy Doubles Down: Saylor Signals Massive 10th Bitcoin Buy Streak

Michael Saylor’s Strategy has confirmed its tenth consecutive Bitcoin purchase, adding 1,045 BTC worth $110 million, bringing total holdings to 582,000 BTC valued at $61 billion. Concerns loom over share dilution and insider sales, despite Strategy’s stock outperforming major tech firms. The company’s aggressive accumulation strategy raises liquidity through various financial instruments, but investor uncertainty about Bitcoin’s volatility remains high.

Michael Saylor’s Strategy is doubling down on its Bitcoin accumulation, signalling that it has made its tenth consecutive buy in the cryptocurrency. Last week, the firm acquired an additional 1,045 BTC, bringing its total holdings to a staggering 582,000 BTC, worth approximately $61 billion at current rates. This act of defiance against market fluctuations showcases the company’s unwavering commitment to Bitcoin, even as prices face downward pressure.

The portfolio tracker shared by Saylor indicates a consistent uptick in Bitcoin purchases. Historically, each of Saylor’s updates has been a precursor to new acquisitions, leading to speculation that further institutional buying could enhance market sentiment in the near term. Such buying patterns have emerged as a valuable signal of actual purchasing activity within the cryptocurrency space.

Saylor’s company adopts a dollar-cost averaging strategy, which means they buy Bitcoin at varying prices over different periods. In the initial four years, they secured 226,000 BTC, but since then, an impressive 335,000 BTC has been added through routine weekly purchases. This strategy allows them to mitigate the impact of price volatility, as evidenced by last week’s buy which cost around $110 million.

If Strategy continues on this path, they could soon cross the 600,000 BTC threshold, potentially eclipsing their previous record of 12 back-to-back weeks of Bitcoin purchases. This previous streak, prominently occurring between late 2024 and early 2025, was pivotal in boosting institutional confidence in the cryptocurrency.

To support their Bitcoin buying strategy, Strategy has introduced several financial products which include STRF, STRK, and the newly listed STRD preferred stock on Nasdaq. These instruments have helped raise upwards of $3 billion, ensuring they can continue their aggressive accumulation of Bitcoin and other treasury plans.

Despite these impressive figures, challenges loom large. Both retail and institutional investors have voiced concerns regarding the dilution of MSTR shares and the risks associated with them. Notably, some company insiders, including Director Carl Rickertsen, have recently divested significant quantities of their MSTR stock, raising red flags in the market. Financial commentator Peter Schiff has also cautioned about the ramifications of the firm’s heavy investment in Bitcoin.

Despite all this, Strategy’s stock has outshone many tech giants over the last year, outperforming companies like Tesla, Apple, and Amazon. However, this success runs alongside the inherent volatility of the Bitcoin market, reflecting both high potential returns and substantial risks for investors. As the crypto landscape evolves, all eyes are on Strategy’s next moves, with hopes that they could drive another surge in Bitcoin prices, even while caution remains regarding possible downturns.