Michael Saylor’s Strategy Acquires More Bitcoin

The Michael Saylor-led financial intelligence firm Strategy, formerly MicroStrategy, announced today that it had added 130 Bitcoin (BTC) to its holdings, spending $10.7 million at an average price of $82,981 per BTC between March 10 and 16, 2025. However, the largest crypto by market cap’s price is down 0.6% in the last 24 hours, raising questions about Saylor’s influence on the market.

As reported by Cryptopolitan, the purchase, funded through the sale of 123,000 shares of its 8.00% Series A perpetual preferred stock, barely registered on Bitcoin’s price chart. It ticked up to $83,800 early Monday before slumping to $83,400, according to CoinGecko.

Strategy’s recent acquisitions follow a 20,365 BTC haul on February 24, 2025, for nearly $2 billion.

Is this a glaring warning sign that co-founder and executive chairman Michael Saylor no longer has any control over Bitcoin’s price movements? The short answer is that the market is just in a slump, and there are larger concerns than Strategy’s actions regarding Bitcoin.

Markets Mature from Institutional Investment Sentiments

On August 11, 2020, Strategy, then MicroStrategy, publicly made its first Bitcoin purchase, acquiring 21,454 BTC for $250 million. At that time, few institutions supported crypto, and one could argue their purchase helped BTC end that month 3.2% up.

Fast forward four years and about six months, and Strategy now holds 499,226 BTC valued at $41.6 billion, per Arkham Intelligence. This represents over 2% of Bitcoin’s fixed 21 million supply, but the market hardly reacts to it anymore.

Michael Saylor’s firm must face two challenges: the crypto market has matured, flooded with institutional and retail investors, diluting any single player’s ability to sway market price. Additionally, with a government creating a strategic Bitcoin reserve, the influence of one firm like Strategy is limited.

If Trump markets caused Bitcoin’s prices to drop over $20,000, can Strategy lift the value back up alone? The reality is they can only buy the dip, just like every other investor.

What If Saylor Sells?

If Saylor’s buying sprees no longer impact the market, investors must consider the consequences if Strategy were to sell its nearly half a million Bitcoin. A sudden liquidation could trigger a panic sell-off, crashing Bitcoin prices.

On Reddit’s UK Bitcoin community, several users question whether Strategy’s BTC accumulation is beneficial for crypto. They raise concerns about Saylor’s past, including a $25 million tax fraud conviction and SEC charges for fraudulent financial reports. Others worry that Strategy’s debt-heavy balance sheet could force a sell-off during a market crash.

Bitcoin’s decentralized nature aims to free finance from centralized control, yet one corporate entity controlling 2% of the total supply raises concerns over true decentralization.

Strategy’s financial strategies, involving debt instruments and stock offerings, keep their stock trading at a premium to net asset value but come with a steep cost. A prolonged downturn could strain their debt servicing ability, leading to shareholder dilution or Bitcoin liquidation. Such actions could prompt massive losses in the crypto market.

Saylor remains steadfast in his belief that Bitcoin’s price will rise. While this could yield significant returns, his approach seems to lean more on emotion than logical analysis.

Buy the Dip, Not the Whole Industry

The current truth in the crypto market is that no single entity, no matter how influential, can dictate its direction. Strategy’s latest Bitcoin purchases, once considered newsworthy, have lost their impact.

The hope remains that markets can stay decentralized, honoring Bitcoin’s original promise of freedom from centralized control and manipulation by large corporate entities like Strategy.