Saylor Doubles Down: MicroStrategy Prepares to Buy Bitcoin Dip Like It’s 2020 Again

Bitcoin’s price stumbles—but Michael Saylor’s MicroStrategy isn’t flinching. The enterprise software-turned-crypto-hoarder is reportedly gearing up for another nine-figure BTC purchase, because why diversify when you can hyper-focus?

Wall Street analysts clutch their pearls while Saylor grins through the volatility. ’Buy the dip’ isn’t just a meme when you’ve got a corporate treasury burning a hole in your pocket.

Meanwhile, traditional finance bros still can’t decide if crypto is a scam or the future. Spoiler: It’s both—just depends who’s holding the bag.

• Strategy’s Bitcoin stockpile exceeds 576,000 BTC, worth over $21.8 billion.
• BTC price dip sparks renewed institutional interest from Strategy.
• Analyst predicts Strategy’s BTC stash could push its valuation to $10 trillion.

Strategy, a top corporate Bitcoin holder, remains undeterred by recent decreases in the price of BTC. MicroStrategy now holds over 576,000 BTC, with an unrealized profits of over $21.8 billion. After the recent market pullback, Strategy plans to extend its BTC purchases into a seventh consecutive week.

Michael Saylor, Strategy co-founder, has hinted that the company intends to buy bitcoin in its current dip. On May 22, BTC reached an all-time high of $112,000 before fell to $107,395. This price drop has prompted renewed institutional buyers like MicroStrategy to expand their corporate treasury.

On May 19, the company purchased 7,390 BTC for about $765 million. According to a recent report, Strategy holds a total of 576,230 BTC, which exceeds other corporate competitors in digital asset reserves.

Bitcoin Potential For Growth

For a long time, Saylor has argued that BTC is the best asset for corporate balance sheets. He points out that the supply of Bitcoin is fixed and it could appreciate in the future.  In his recent posts, he claimed that BTC will grow in value, since it protects against the devaluation of fiat currencies.

Strategy continues to follow its acquisition plan despite Bitcoin’s recent price volatility . The firm is still using debt and equity offerings to fund its BTC purchases. Unlike most firms, which reinvest capital into operational growth, Strategy redirects funds toward BTC, betting on its future growth.

Michael Saylor believes BTC could be worth millions of dollars per coin in the next few years. This projection is driven by the asset’s limited supply and increased institutional demand.  Strategy’s aggressive Bitcoin purchase is in line with the notion that BTC is a long-term store of value .

Strategy’s  $10 trillion Dream

Strategy’s Bitcoin holdings have strengthened its market position. Analyst Jeff Walton believes that the company’s BTC stash could push its valuation to $10 trillion. This WOULD position Strategy as the world’s most valuable publicly traded company and surpass other market giants.

Market analysts predict that BTC’s value will continue to rise, driven by its scarcity and institutional backing. Strategy’s sustained acquisition model has fueled a strong demand for the asset from other institutional players. This shows that the company believes in the long-term potential of Bitcoin.

Related Reading | Bitcoin Powers Ahead as Kiyosaki Warns Against Fiat Savings