Michael Saylor's Unwavering Support for Bitcoin: A New Post and Strategy's Latest Acquisition

Tuesday, Aug 19, 2025 3:59 am ET1min read

Michael Saylor, executive chairman of Strategy, remains bullish on Bitcoin despite its recent price drop to $115,000. He posted a message on X promising to "never give up" on the cryptocurrency and announced that Strategy spent $51.4 million to acquire 430 additional Bitcoins. Strategy's total holdings now stand at 629,376 Bitcoins valued at $72,293,274,240. Saylor's message aligns with his previous statements that Strategy intends to always buy Bitcoin and hold it "forever."

Title: Michael Saylor's Bitcoin Bullishness: Strategy Acquires 430 BTC Amid Price Drop

Michael Saylor, executive chairman of Strategy, has reiterated his bullish stance on Bitcoin despite the recent price drop. On July 2, 2025, Saylor announced that Strategy spent $51.4 million to acquire 430 additional Bitcoins, bringing the company's total holdings to 629,376 BTC, valued at approximately $72.29 billion [2].

The acquisition was made at an average price of $119,666 per Bitcoin, during a period when the digital asset reached a new all-time high of $124,279 before retreating to $117,000 following hotter-than-expected PPI data [2]. This latest purchase aligns with Saylor's previous statements that Strategy intends to always buy Bitcoin and hold it "forever" [1].

Strategy's recent purchases have been funded through sales of its preferred stock, including STRK, STRF, and STRD shares, as well as its common stock ATM program. The company has been exploring non-dilutive funding sources to maintain its aggressive Bitcoin acquisition strategy [3].

Despite the recent price drop to $115,000, Saylor remains undeterred, posting a message on X promising to "never give up" on Bitcoin. This commitment underscores the company's long-term investment strategy and its belief in the cryptocurrency as a hedge against inflation and a store of value [1].

Strategy's bullish stance is not without its challenges. The company's share price has declined by 22% since hitting an all-time high on November 20, 2024, while Bitcoin has appreciated by around 23% during the same period. The company has been exploring alternative funding methods to maintain its Bitcoin acquisition pace, including perpetual preferred stock and convertible notes [3].

The recent price correction in Bitcoin, which saw the asset slip to $115,278 after briefly touching a new record high of $124,496, has triggered nearly $576 million in forced liquidations across the crypto market [4]. This volatility highlights the risks associated with holding Bitcoin and the need for companies like Strategy to maintain a disciplined and well-funded acquisition strategy.

Overall, Michael Saylor's commitment to Bitcoin remains steadfast, and Strategy's latest acquisition underscores the company's long-term investment strategy. Despite market volatility and the challenges posed by recent price corrections, Saylor's bullish stance and the company's aggressive acquisition strategy continue to be a significant factor in the Bitcoin market.

References:
[1] https://cointelegraph.com/news/michael-saylor-signals-strategy-buy-bitcoin-dip
[2] https://cryptobriefing.com/bitcoin-treasury-strategy-saylor/
[3] https://www.bloomberg.com/news/articles/2025-08-18/michael-saylor-eases-stock-sale-limits-as-bitcoin-premium-falls
[4] https://www.tradingnews.com/news/bitcoin-price-falls-to-115k-usd

Michael Saylor's Unwavering Support for Bitcoin: A New Post and Strategy's Latest Acquisition

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