Bloomberg Expert Michael Saylor's Bitcoin Strategy Under Scrutiny Amid Growing Concerns Over Corporate Treasuries

Michael Saylor's Bitcoin strategy made headlines after a software producer revealed it bought 3,081 BTC for $357 million. Strategy's entry price is $73,527, with a 52% gain despite market ups and downs. Peter Schiff, a Bitcoin skeptic, suggests buying BTC when companies like Strategy go bust and have to sell their holdings at a fire sale. Schiff argues that the current model, where companies issue stock at premiums and channel proceeds into Bitcoin, is a margin trade with no room for error.

Michael Saylor's Bitcoin strategy has garnered significant attention following the revelation that his company, Strategy Inc., acquired 3,081 BTC for $357 million. This transaction, completed between August 18 and August 24, 2025, raised the company's total Bitcoin holdings to 632,457 BTC, worth approximately $46.5 billion [1].

The acquisition was funded through the sale of $300.9 million in class A common stock, as well as proceeds from the sale of three preferred stock programs: STRK, STRF, and STRD. The company's aggressive accumulation strategy has drawn both praise and criticism from the crypto community. While some applaud the company's bold move, others question the timing and financial implications.

Michael Saylor, the executive chairman of Strategy Inc., has been a vocal proponent of Bitcoin and has publicly stated that "Bitcoin is on sale" [2]. This sentiment has drawn a sharp response from Peter Schiff, a prominent Bitcoin critic, who has mocked the company and predicted its demise. Schiff argues that the current model of issuing stock at premiums to fund Bitcoin purchases is a high-risk margin trade that leaves little room for error.

Despite the market volatility and Schiff's skepticism, Strategy Inc.'s Bitcoin holdings have shown significant gains. The company's entry price for the latest acquisition was $115,829 per BTC, representing a 52% gain from the average price of $73,527 per BTC [1]. This strong performance has been attributed to the company's disciplined approach to treasury operations and its ability to secure Bitcoin at attractive prices.

Meanwhile, other companies have also been increasing their Bitcoin holdings. Japan's Metaplanet, for instance, has purchased 103 BTC worth $11.7 million, lifting its total holdings to 18,991 BTC [3]. The company aims to reach 210,000 BTC by 2027 through a combination of bond programs and share issuances.

As the crypto market continues to evolve, the strategies employed by companies like Strategy Inc. and Metaplanet will be closely watched. The success of these strategies will depend on a variety of factors, including market conditions, regulatory environments, and the companies' ability to manage risk effectively.

References:
[1] https://www.cryptopolitan.com/strategy-buys-3081-bitcoin-worth-342m/
[2] https://www.benzinga.com/markets/equities/25/08/47302548/peter-schiff-mocks-michael-saylors-bitcoin-call-gold-bug-predicts-mstr-demise-as-ceo-says-bitcoin-is-on-sale
[3] https://en.coinotag.com/metaplanet-may-pursue-210000-btc-target-by-2027-after-boosting-bitcoin-stash-to-18991-btc-via-bonds-shares/