Michael Saylor Doubles Down: MicroStrategy Snaps Up 4,980 Bitcoin in $531 Million Power Move

Another quarter, another half-billion dollar bet on Bitcoin. MicroStrategy—the enterprise software firm that moonlights as a crypto hedge fund—just added 4,980 BTC to its war chest. At today's prices? That's $531 million of 'strategy' that'd give any traditional CFO heart palpitations.

The Saylor Playbook: Buy High, Never Sell

While Wall Street analysts obsess over P/E ratios, Saylor's running a masterclass in conviction. The latest purchase brings MicroStrategy's total holdings to a staggering 226,331 BTC—worth roughly $24 billion at current prices. Not bad for a company that still lists 'business intelligence' as its core offering.

Institutional FOMO Meets Corporate Treasury

This isn't investing—it's corporate performance art. With each purchase, Saylor tightens Bitcoin's grip on the institutional imagination. Meanwhile, goldbugs weep into their spreadsheets.

Closing thought: When the SEC finally greenlights spot ETFs, remember who built the first billion-dollar HODL position with shareholder money—and a straight face.

Bitcoin Faces Resistance at $108,000

BTC currently faces resistance at $108,000. The asset is struggling to break this price barrier. The original crypto has faced a 0.4% correction in the daily charts. Despite the slight dip, BTC is trading in the green zone in the other time frames. BTC is up 6.4% in the weekly charts, 0.9% in the 14-day charts, 4.1% in the monthly charts, and 75.5% over the previous year.

BTC ETFs have also seen consistent inflows over the last few weeks. The inflows came even when the crypto market was facing substantial uncertainty with global geopolitical tensions and trade wars. Spot BTC ETFs saw $2.22 billion in inflows from June 23 to June 27. The Federal Reserve’s decision to keep interest rates unchanged also did not hinder institutional inflows.

BTC is currently down by only 3.6% from its all-time high of $111,814. If the asset continues its upward trajectory, we could hit a new all-time high very soon.

BTC’s current rally is likely fueled by mostly institutional money. Retail investors are likely still uncertain about the global economic environment. We may see a rise in retail investments if the Federal Reserve cuts interest rates and makes borrowing easier. President TRUMP has repeatedly mocked Fed chair Jerome Powell for not lowering interest rates. The crypto market may see a sudden rise in retail money if President Trump convinces Powell to reduce interest rates.