Bitcoin News Today: Bitcoin's $71B Bet: Saylor's Vision vs. Market Reality

Michael Saylor’s Strategy, the rebranded version of MicroStrategy, has continued its aggressive Bitcoin accumulation strategy, purchasing $217 million worth of Bitcoin in 2025, bringing its total holdings to 636,505 BTC with a combined value of approximately $71 billion. The move reaffirms Saylor’s long-held bullish stance on the cryptocurrency, which he has positioned as a strategic reserve asset amid a broader vision for the tokenization of global financial assets. Despite the firm’s growing Bitcoin treasury, it was notably omitted from the latest S&P 500 index rebalance on September 5, 2025, a decision that disappointed segments of the crypto community. Meanwhile, Robinhood Markets became the third publicly traded crypto-focused company to join the index, following in the footsteps of Coinbase and Block, Inc.

Saylor has consistently advocated for Bitcoin as a store of value and as a foundational element in the tokenization of assets, particularly real estate. He has predicted a significant increase in Bitcoin’s value, most recently revising his 2045 price target from $13 million to $21 million. This projection is based on the assumption that tokenization could move the world’s $500 trillion in assets onto the blockchain by 2045, with Bitcoin serving as the global reserve asset. However, this vision faces substantial hurdles, including regulatory uncertainty and the practical challenge of widespread adoption. Critics argue that such a valuation—implying a $441 trillion market cap for Bitcoin—would far exceed the global economy’s output and the combined valuation of all S&P 500 companies.

The market response to institutional Bitcoin buying, including Saylor’s purchases and inflows from exchange-traded funds (ETFs), has been relatively muted compared to the volatility caused by large sell orders. According to market analysts, the key difference lies in the pace and execution of trades. Algorithm-driven buying, such as the $83 billion absorbed by Saylor and ETFs in 2025, is spread out and designed to minimize price volatility. By contrast, a sudden $2 billion sell-off can rapidly deplete liquidity and cause sharp price declines. This distinction has led some to question why sustained buying pressure hasn’t driven Bitcoin to a more dramatic increase, despite its growing institutional adoption.

Saylor’s strategy also raises questions about the role of “paper Bitcoin,” which refers to synthetic or IOU-based tokens that may obscure actual market dynamics. While Saylor’s firm has no direct control over the broader market structure, its continued investment sends a clear signal of confidence in Bitcoin’s long-term potential. However, market observers caution that Bitcoin’s speculative nature and lack of revenue generation make it inherently difficult to predict its price trajectory, even for seasoned investors.

As the crypto sector continues to evolve, Saylor’s actions and public statements remain influential in shaping investor sentiment. The recent S&P 500 index developments highlight the growing acceptance of crypto-related firms within traditional financial markets, even as broader adoption faces ongoing challenges. For now, Saylor’s strategy underscores a broader shift in institutional capital toward Bitcoin as both an asset and a potential catalyst for a new financial infrastructure.

Source: [1] Michael Saylor's MicroStrategy misses S&P 500, Robinhood ... (https://finance.yahoo.com/news/michael-saylor-microstrategy-misses-p-002101210.html) [2] 1 Unstoppable Cryptocurrency to Buy Before It Soars ... (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/) [3] If selling $2 billion crashes the BTC price, why doesn't ... (https://cryptoslate.com/if-selling-2-billion-crashes-the-btc-price-why-doesnt-buying-83b-send-it-to-space/)