More Bitcoin Incoming? Michael Saylor Drops Hint at New Crypto Purchase

MicroStrategy (now rebranded to Strategy) looks set to keep piling into Bitcoin next week. The company’s founder, Michael Saylor, shared a snapshot of the Strategy Portfolio Tracker on X, a move he’s made on the eve of every purchase. Based on reports, this will mark the seventh weekly buy in a row.

Strategy Keeps Buying

According to the tracker Saylor posted, Strategy now holds 576,230 BTC. That stash is worth about $62 billion at current prices. It’s a small share of Bitcoin’s roughly 20 million coins in circulation, but it’s a big bet for one firm. Last week, on May 16, Strategy added 7,390 BTC to its haul for $764 million.

Related articles

Bitcoin Dwarfs S&P 500 with Nearly 100% Edge Since 2012—Data

12 July 2025

Bitcoin Is The ‘Manhattan’ Of The Digital Age, Says Scaramucci–Here’s Why

11 July 2025

Big Numbers On The Tracker

Investors have watched this tracker signal six recent buys already. Each time, markets got a short-lived boost. Bitcoin even hit a fresh all-time high before slipping back. Now prices are hovering near $106K. That’s down about 5% over the past week, as traders took profits and global economic worries crept back in.

I only buy bitcoin with money I can’t afford to lose. pic.twitter.com/h7pnFB8yvU

— Michael Saylor (@saylor) May 25, 2025

What This Means For Bitcoin

A fresh Strategy purchase could nudge prices higher again. Around 7,000 BTC is just 0.04% of the total supply. Yet, in thin trading or during a quiet news day, it can move the needle. Larger rallies usually need more than one firm. ETF inflows, big bank moves or clearer US rules might carry more weight.

Market Reactions And Risks

Short sellers have already been busy. High-risk trader James Wynn closed a $1.2 billion Bitcoin long and opened a new short position. He was among those who bet on Bitcoin hitting $121K soon. Now he’s flipped his stance. That kind of trade war can add to swings.

Image: BCB Group

Institutional Demand Vs. Broader Trends

Michael Saylor’s line “I only buy bitcoin with money I can’t afford to lose” reminds everyone of the risks. Institutional buys help. They show big players still have faith. But they can’t replace wider adoption or tame Bitcoin’s natural volatility.

ADVERTISEMENT

Looking Ahead

Analysts will be watching Saylor’s next move closely. Based on past patterns, his tracker post means the buy is imminent. Whether it sparks a new rally or just a short bump remains to be seen. For now, the market waits. Strategy’s steady march adds one more layer to Bitcoin’s story—while investors brace for what comes next.

Featured image from Pexels, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.