4,980 More BTC For Strategy: Saylor Continues His Bet On Bitcoin

Michael Saylor can’t stop anymore. For eleven weeks, the former MicroStrategy CEO has been buying bitcoin as easily as others drink their coffee. The latest move: 4,980 more BTC, purchased for 531 million dollars. The American businessman seems to be steering a strategy that oscillates between long-term vision and unwavering faith. And one thing is certain: he does not intend to let up.

MicroStrategy Reloads Again: A Strategy Calibrated to the Last Satoshi

Here is a corrected, smooth, and faithful version of your intent:

What seemed only an intention has been confirmed: Saylor has just made his 11th consecutive purchase. The official document published at the SEC sets the tone: 4,980 BTC were acquired between June 23 and 29, at an average price of 106,801 dollars. Result: Strategy’s wallet now approaches 600,000 BTC, representing 42.4 billion dollars invested since the adventure began.

Michael Saylor proudly shared this update on X:

We acquired 4,980 BTC this week for ~531 million dollars. As of 06/29/24, MicroStrategy holds 597,325 BTC.

Another strategic detail: these acquisitions are partly financed by ATM (at-the-market offerings) programs, notably via STRK and STRF, the specially-designed listed stocks for raising funds. Note: the company has also paid dividends for these two instruments, a sign that the strategy is followed to the letter… and profitable for some shareholders.

Finally, 7,383 BTC – nearly 800 million dollars – were moved to three new wallets, though the exact reason is unknown. Enhanced security or a finer custody strategy? In any case, this movement intrigues.

Bitcoin and Storytelling: When Saylor Becomes the Market’s Prophet

Every week, Michael Saylor posts a new brick to his legend on X. And his phrases hit like prophecies:

In 21 years, you will regret not having bought more.

But behind the oracle hides a well-oiled mechanism:

• Each purchase is announced by an ambiguous phrase;
• The movements are relayed by Lookonchain, which tracks flows to new wallets;
• And speculators follow.

This well-honed storytelling feeds a digital faith that goes beyond mere investment. For some, Strategy has become a “disguised ETF”; for others, it is a signal of long-term confidence. And when the company shows more than 52% unrealized gain, it’s hard to contradict this narrative.

Key figures to remember:

• 11 consecutive weeks of purchases;
• 597,325 BTC in total;
• Year-to-date return of +19.7%;
• 2025 target: +25%;
• Custody: 7,383 BTC moved at once.

MicroStrategy seems to want to become the gold standard for company balance sheets. A model that young CFOs are scrutinizing closely.

The trajectory of bitcoin continues to climb. Nearing 109,000 dollars, the queen of cryptos opens the way to what could become an unprecedented quarterly record. A surge that, if it continues, will rewrite much more than lines of code or ledger entries: it could redraw the entire financial landscape.