Michael Saylor and his New Strategy to 600K Bitcoin (BTC), Can it be Replicated?

Jakarta, Pintu News – Michael Saylor, founder of Strategy (formerly known as MicroStrategy), has given a strong signal that there will be a new Bitcoin buyout. In a post on X, Saylor shared MicroStrategy’s portfolio tracker, which is often indicative of new buyouts. Currently, Strategy owns 597,325 BTC with a value of $64.57 billion.

Last week’s final purchase included 4,980 BTC worth $531 million, marking the 12th consecutive weekly purchase. The purchases equaled the weekly buying record previously set between late 2024 and early 2025. If Strategy continues buying this week, they will set a new record with 13 consecutive weeks of Bitcoin (BTC) purchases and potentially reach the 600,000 BTC milestone.

However, there are concerns that Strategy may not proceed with this purchase plan, given the caption posted by Saylor indicating the possibility of maintaining the current market position.

Treasury Firms Follow Strategy’s Footsteps

Companies that own treasuries have been increasing their exposure to Bitcoin (BTC) in a very aggressive manner. Last week, 18 firms added a total of 8,400 BTC to their balance sheets, led by Strategy and Figma. This move shows an increasing trend where large corporations are starting to turn to this major cryptocurrency.

In addition to purchases, more and more companies are announcing ambitious plans to switch to Bitcoin (BTC). The combined impact of so many companies switching to the cryptocurrency has fueled speculation about reaching a new price record. Currently, Bitcoin (BTC) is trading at $108,675, just 3.01% off its previous peak of $111,970.

Also Read: 5 Altcoins Rise as Crypto Falls in June 2025 – Who Has Great Potential?

Controversy and Speculation Surround Strategy and Saylor

While there is great anticipation for Strategy’s next Bitcoin (BTC) buyout, there are still concerns hanging over the company. Strategy and Michael Saylor are currently facing a class-action lawsuit related to the reporting of unrealized losses from the first quarter of 2025. This issue adds to the uncertainty regarding Strategy’s next move in the Bitcoin (BTC) market.

Previous purchases of Bitcoin (BTC) by Strategy have often triggered a rise in the price of the cryptocurrency. However, with the current lawsuit and speculation, the market response to the next buyout announcement may be different. Investors and market watchers are waiting with anticipation to see if Strategy will continue their buying trend or take a more conservative position.

Conclusion

Michael Saylor and Strategy’s move to expand their Bitcoin (BTC) portfolio is taking center stage in the cryptocurrency market. With the 600,000 BTC milestone approaching, all eyes are on their next decision. Whether they will continue buying and fuel the rise in Bitcoin (BTC) prices or choose to hold positions, only time will tell.

Also Read: Altcoin Momentum! These 5 Cryptos Could Explode in the Near Future, Check out the Details

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Michael Saylor to Extend Strategy, Bitcoin Holdings, Eyes 600k BTC Milestone. Accessed on July 7, 2025