Michael Saylor, the outspoken CEO of software company Strategy, is once again making waves in the cryptocurrency arena, hinting at a potential new purchase of Bitcoin following a considerable financial maneuver. After successfully selling new shares worth $711 million, Saylor took to X (formerly Twitter) on Sunday, posting a Bitcoin chart alongside the words: “Needs more Orange.” While fans of the Dutch football team might interpret this differently, those familiar with Saylor's style recognize it as a likely precursor to another significant acquisition of Bitcoin.
On March 17, 2025, Strategy added 130 BTC (approximately $10.7 million) to its treasury. With this latest acquisition, its total Bitcoin holdings have risen to a staggering 499,226 BTC, positioning Strategy as one of the largest Bitcoin holders globally, representing a value in the tens of billions.
The recent sales of new preferred shares at $85 each on March 21 were purposefully aimed at raising capital— a hefty $711 million— that is likely to bolster their Bitcoin purchase efforts. Strategy’s consistent trend has been to acquire Bitcoin regardless of prevailing market conditions, signaling Saylor's firm belief in the asset’s potential.
Saylor has long been an advocate for Bitcoin, viewing it as the ultimate store of value. During a recent session at the Blockworks Digital Asset Summit, he asserted that the only commodity in human history that has never been a worthless investment is Bitcoin, describing it bluntly as “a digital commodity.” Moreover, he aimed high with his ambitions, calling for the U.S. government to hold 25% of all Bitcoin by the year 2035, suggesting that it would strengthen America's dominance in the global economy.
He stated, “There is only one commodity in the history of mankind that has never been a worthless investment. That is Bitcoin— a digital commodity.” This perspective certainly paints a clear picture of his stance on cryptocurrency.
The potential implications of Saylor's purchases on Bitcoin’s market price cannot be understated. Historically, Strategy's acquisitions have led to price increases, as such moves send strong signals to the marketplace. However, not all analysts share this optimism. Some believe Bitcoin needs to experience a correction before hinting at the possibility of another bullish surge.
Currently, the value of Bitcoin hovers around 78,000 euros, with a market capitalization of approximately 1.68 trillion euros— still about 21.7% lower than its record high back in January 2025. This broad context of Strategy’s actions and the current market conditions demonstrate just how vibrant and complex the cryptocurrency landscape remains.
Michael Saylor's insatiable hunger for more Bitcoin is not just about accumulating assets—it reflects a broader belief in the future of cryptocurrency as a transformative financial tool, one that could reshape the economic landscape worldwide. His continuous efforts to rally other corporations and even governments to recognize Bitcoin underscore a significant pivot in how we view value in the digital age.
As Strategy potentially prepares for yet another acquisition wave, market watchers are keenly attuned to Saylor's signals, interests, and decisions that shape not only the company's direction but also the future trajectory of Bitcoin. It remains a compelling story that resonates deeply within the financial community as they decipher the ongoing narrative of Bitcoin.
