Bitcoin by Michael Saylor [BTC] The strategy remains strong no matter how much the market rises or falls. In a recent post on
Saylor simply said:
The Orange March continues.
If you look closely, Saylor’s strategy does more than just “buy and hold.” Behind the scenes, the company is raising money, such as selling shares, to continue buying more Bitcoin.
This helps them accumulate a large portion of Bitcoin’s limited supply on their balance sheet. This approach shows that Saylor strongly believes in Bitcoin as a long-term asset, even when the market is uncertain.
Market conditions raise eyebrows
That being said, the current market reflects the strong fear among retail investors, with Bitcoin float around $68,578 and the Crypto Fear & Greed Index firmly in the “extreme fear” zone.
In fact, many traders are betting that the price of Bitcoin will fall below $45,000, rather than on a move towards $100,000 this year. But despite this sentiment, Strategy continues to buy Bitcoin without hesitation.
So far, the company has made 103 purchases, accumulating a massive amount of 761,068 BTC. However, due to aggressive buying at higher levels, the average purchase price is approximately $75,696, leaving the $52.36 billion asset at an unrealized loss of approximately 9%.
This clearly shows a strategy focused on accumulation rather than timing the market.
Strategy’s ‘buy the dip’ formula
MSTR shares are also under mild pressure. trade at $135.66 at the time of writing. However, when looking at MSTR stock options, there is a clear battle underway.
Many traders have placed ‘put’ bets between $80 and $110, suggesting they think the stock has strong support in that range and may not fall much lower.
At the same time, there are even bigger “call” bets between $140 and $160. Since the stock is around $136, any upward move could push it higher quickly.
This is because market makers may need to buy more shares, which could drive the price towards $160.
At this rate, analysts believe the company could end up owning more Bitcoin than Satoshi Nakamoto (who is estimated to own around 1.1 million BTC) by March 2027.
Final summary
- Strategy is not just holding Bitcoin; it accumulates aggressively regardless of market conditions.
- The company’s continued buying, even at a loss, reflects a deep confidence in Bitcoin’s future value.