Michael Saylor and MicroStrategy added 487 more Bitcoin — another $50 million worth — bringing its vault to an insane 641,692 BTC, north of $67 billion at current levels. The average buy this round? $102,557 per coin, per the latest SEC filing.
This follows 397 BTC the prior week. Call it conviction, call it obsession — either way, institutions watching from the sidelines are sweating. ETFs are sniffing along behind him like shy wolves trailing a madman who keeps finding food in the snow.
MicroStrategy’s latest Bitcoin buy, Source: X
Meanwhile, Bitcoin sits around $105K, and the macro backdrop is brewing for fireworks. If BTC clears $112K, charts say shorts get steamrolled. But don’t pop Champagne yet. The market’s acting like it just got ghosted — cautious funding rates, soft futures premium, and battered leverage traders licking wounds from recent liquidations. Risk appetite is limping thanks to stretched AI valuations, weak consumer earnings, and recession whispers nobody wants to say out loud.
Bitcoin is sitting at $105,500, source: BNC
The wildcard here? Washington. A U.S. government shutdown resolution could flip sentiment and spark a squeeze — but traders aren’t betting the farm. They’ve seen this movie: D.C. chaos, Senate drama, markets holding their breath. If the shutdown truly ends and the economic data leans dovish, Bitcoin could blast above $112K and start eyeing $120K faster than you can say “digital reserve asset.”
Adding spice, famed short-seller Jim Chanos’ Kynikos Associates just bailed on its bearish bet against Saylor’s stock. When the cynics stop shorting the madman, you know the narrative’s shifting.
Saylor isn’t just stacking sats — he’s drag-forcing corporate finance into a future where balance sheets are on-chain, not in spreadsheets. And if this next macro catalyst clicks? He may get to say “I told you so” all over again.
