Michael Saylor Reveals Key to Long-Term Bitcoin Success: "Bitcoin is a Marathon, Not a Sprint."

Michael Saylor, a Bitcoin evangelist and founder of Strategy, has shared his secret to long-term success in the cryptocurrency: "Bitcoin is a Marathon, Not a Sprint." Strategy recently spent $449.3 million on 4,048 Bitcoins, bringing their total holdings to 636,505 Bitcoins worth $70.9 billion. Meanwhile, a dormant Satoshi-era Bitcoin wallet has been reactivated after 12.8 years, containing 479 Bitcoins now worth $53.7 million. Bitcoin is currently trading at $110,998, rebounding from earlier lows.

In a significant move that underscores the growing institutional interest in Bitcoin, Michael Saylor’s Strategy has purchased an additional 4,048 Bitcoins (BTC) for approximately $449.3 million, bringing its total holdings to 636,505 BTC. This acquisition comes amidst a period of increased activity in the Bitcoin market, including the reactivation of a dormant Satoshi-era wallet containing 479 BTC.

Strategic Acquisition

Strategy, the world’s largest public company holding Bitcoin, made the purchase between August 25 and August 30. The acquisition was made at an average price of $110,981 per BTC, as the crypto asset briefly surged above $113,000 and subsequently dropped below $108,000 on Friday [1]. This move brought Strategy’s total Bitcoin holdings to 636,505 BTC, purchased for about $46.95 billion at an average price of $73,765 per coin.

Market Dynamics

The latest Bitcoin purchases were made using proceeds from four of its at-the-market (ATM) equity offerings [1]. This acquisition followed regular but modest buying in August, including a 3,081 BTC purchase announced last week. The other August purchases were buys of 430 BTC and 155 BTC. Together with the latest purchase, Strategy acquired 7,714 BTC in August, a significant decline from the 31,466 BTC bought in July [1].

Satoshi-Era Wallet Reactivation

In a separate development, a dormant Satoshi-era wallet from 2012 moved 479 BTC after approximately 12.8 years of dormancy, realizing a substantial nominal profit. The wallet, which had an estimated value of near $5,748 in 2012, is now worth approximately $53.7 million, representing a ~933.85% nominal increase since activation [3]. This event is significant as it reflects long-dormant supply re-entering circulation and signals potential profit-taking or portfolio restructuring among early holders.

Institutional Demand and ETF Flows

The Satoshi-era wallet reactivation coincides with spot Bitcoin ETFs recording fresh inflows of $328.94 million on September 3, driven largely by major funds including Fidelity, BlackRock, and Ark Invest [3]. This inflow, equivalent to roughly 2,933 BTC, represents strong institutional demand for BTC and tightens available spot supply, potentially supporting price levels. Meanwhile, Ethereum ETFs experienced large outflows totaling ~49,829 ETH (~$222.49M), underscoring divergent fund flows between BTC and ETH [3].

Conclusion

Michael Saylor’s Strategy continues to reinforce its long-standing strategy of accumulating Bitcoin with the latest acquisition. This move underscores institutional interest in Bitcoin as a strategic reserve asset and merits attention from investors tracking corporate adoption, liquidity, and long-term market structure. The reactivation of a Satoshi-era wallet and the subsequent ETF inflows further highlight the growing interest and demand for Bitcoin from both long-term holders and institutional investors. For ongoing coverage and data, consult COINOTAG and official company filings.

References:
[1] https://cointelegraph.com/news/michael-saylor-strategy-buys-4048-btc-bitcoin-holdings-636505
[2] https://en.coinotag.com/michael-saylor-suggests-bitcoin-based-future-as-strategy-buys-4048-btc-bringing-holdings-to-636505-btc/
[3] https://en.coinotag.com/satoshi-era-bitcoin-wallet-appears-active-after-decade-as-328m-flows-into-spot-bitcoin-etfs/