• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Michael Saylor Announces New Bitcoin Purchase

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Takeaways:

  • Strategy acquired 4,980 BTC valued at $531.9 million.
  • Continuous corporate Bitcoin accumulation raises market concerns.
  • Potential supply shock effects as BTC holdings escalate.

michael-saylors-major-bitcoin-acquisition
Michael Saylor’s Major Bitcoin Acquisition

Michael Saylor, Executive Chairman of Strategy, has announced a significant Bitcoin acquisition, purchasing 4,980 BTC on June 30, 2025, emphasizing his long-term commitment to the cryptocurrency.

Michael Saylor’s recent Bitcoin purchase marks a further investment in the cryptocurrency, aligning with Strategy’s ongoing accumulation strategy. Jeff Punter shares thoughts on market movements. This move may influence wider market dynamics and investor sentiment regarding Bitcoin’s future.

Related articles

OKX Releases 32nd Proof of Reserves with Updated Holdings

June 30, 2025

Canada Halts Digital Services Tax for US Trade Talks

June 30, 2025

Strategy, formerly MicroStrategy, under Michael Saylor’s leadership, continues its aggressive acquisition strategy, buying 4,980 BTC at an average price of $106,801 each. This adds to their portfolio, affirming their commitment to Bitcoin.

The acquisition increases Strategy’s total Bitcoin holdings to 597,325 BTC. Saylor’s statement, “In 21 years, you’ll wish you’d bought more,” underscores a bullish sentiment and long-term plan for Bitcoin investments.

The market may experience supply shocks due to Strategy controlling over 2.8% of all BTC.

This significant concentration is sparking discussion about the effects of major corporate holders on overall market liquidity.

This accumulation could lead to more institutional adoption of Bitcoin and possibly influence S&P 500 considerations. Observers are closely monitoring similar corporate movements regarding cryptocurrency inclusion.

Strategy’s purchases have historically preceded Bitcoin price increases. Michael Saylor has noted, “I’m sure that I will be buying Bitcoin at $1 million a coin — probably $1 billion a day of Bitcoin at $1 million a coin.” Analysts consider this a strategic signal affecting market behavior.

Share76Tweet47

Related Posts

OKX Releases 32nd Proof of Reserves with Updated Holdings

by shark
June 30, 2025
0

OKX's latest Proof of Reserves report highlights changes in Bitcoin and Ethereum holdings, underlining a commitment to full reserve backing.

Canada Halts Digital Services Tax for US Trade Talks

by shark
June 30, 2025
0

Canada withdraws digital services tax to facilitate US trade talks, impacting major tech firms and market dynamics.

North Korean Cyberactors Drive $2.1B Crypto Hacks in H1 2025

by shark
June 30, 2025
0

North Korean cyberactors have led significant cryptocurrency hacks, totaling approximately $2.1 billion during the first half of 2025. This raises...

Bitcoin Miners Retain Holdings Amid Revenue Slump

by shark
June 30, 2025
0

As Bitcoin miner revenues hit a yearly low, many hold their assets, anticipating future gains.

LeverFi Mints 13.7 Billion LEVER Tokens Amid Binance Delisting

by shark
June 30, 2025
0

LeverFi minted 13.7 billion LEVER tokens coinciding with Binance's delisting, significantly impacting market confidence and the token's value.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • OKX Releases 32nd Proof of Reserves with Updated Holdings
  • Canada Halts Digital Services Tax for US Trade Talks
  • North Korean Cyberactors Drive $2.1B Crypto Hacks in H1 2025
  • Bitcoin Miners Retain Holdings Amid Revenue Slump
  • Michael Saylor Announces New Bitcoin Purchase
  • LeverFi Mints 13.7 Billion LEVER Tokens Amid Binance Delisting
  • Bitcoin’s 10-Year Journey: From $250 to Over $107,000
  • Cardano Plans $100M ADA to Bitcoin Treasury Conversion
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7