4,980 More BTC For Strategy: Saylor Continues His Bet On Bitcoin
Michael Saylor can’t stop anymore. For eleven weeks, the former MicroStrategy CEO has been buying bitcoin as easily as others drink their coffee. The latest move: 4,980 more BTC, purchased for 531 million dollars. The American businessman seems to be steering a strategy that oscillates between long-term vision and unwavering faith. And one thing is certain: he does not intend to let up.
In Brief
- MicroStrategy bought 4,980 bitcoins for 531 million dollars between June 23 and 29.
- The company now holds 597,325 BTC, with an average acquisition cost of 70,980 dollars.
- Financing comes from STRK and STRF stock issuances through ATM-type programs.
- 7,383 BTC have been moved to three wallets, reinforcing the cold storage strategy.
MicroStrategy Reloads Again: A Strategy Calibrated to the Last Satoshi
Here is a corrected, smooth, and faithful version of your intent:
What seemed only an intention has been confirmed: Saylor has just made his 11th consecutive purchase . The official document published at the SEC sets the tone: 4,980 BTC were acquired between June 23 and 29, at an average price of 106,801 dollars. Result: Strategy’s wallet now approaches 600,000 BTC, representing 42.4 billion dollars invested since the adventure began.
Michael Saylor proudly shared this update on X :
We acquired 4,980 BTC this week for ~531 million dollars. As of 06/29/24, MicroStrategy holds 597,325 BTC.
Another strategic detail: these acquisitions are partly financed by ATM (at-the-market offerings) programs, notably via STRK and STRF, the specially-designed listed stocks for raising funds. Note: the company has also paid dividends for these two instruments, a sign that the strategy is followed to the letter… and profitable for some shareholders.
Finally, 7,383 BTC – nearly 800 million dollars – were moved to three new wallets, though the exact reason is unknown. Enhanced security or a finer custody strategy? In any case, this movement intrigues.
Bitcoin and Storytelling: When Saylor Becomes the Market’s Prophet
Every week, Michael Saylor posts a new brick to his legend on X. And his phrases hit like prophecies:
In 21 years, you will regret not having bought more.
But behind the oracle hides a well-oiled mechanism:
- Each purchase is announced by an ambiguous phrase;
- The movements are relayed by Lookonchain, which tracks flows to new wallets;
- And speculators follow.
This well-honed storytelling feeds a digital faith that goes beyond mere investment. For some, Strategy has become a “disguised ETF”; for others, it is a signal of long-term confidence. And when the company shows more than 52% unrealized gain, it’s hard to contradict this narrative.
Key figures to remember:
- 11 consecutive weeks of purchases;
- 597,325 BTC in total;
- Year-to-date return of +19.7%;
- 2025 target: +25%;
- Custody: 7,383 BTC moved at once.
MicroStrategy seems to want to become the gold standard for company balance sheets. A model that young CFOs are scrutinizing closely.
The trajectory of bitcoin continues to climb. Nearing 109,000 dollars, the queen of cryptos opens the way to what could become an unprecedented quarterly record . A surge that, if it continues, will rewrite much more than lines of code or ledger entries: it could redraw the entire financial landscape.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Deutsche Bank: The "fifth wave of tech stock rally" in US stocks since late July has peaked, prepare for a "V-shaped reversal"
Deutsche Bank has downgraded its rating on US technology stocks from overweight to neutral, noting that the fifth round of tech stock rally since July 29 is approaching the upper boundary of the long-term trend channel. The current upside potential is only about 4 percentage points, while historical trends indicate downside risks could reach 16 percentage points. Funds are expected to rotate into other sectors, and the European market, with its lower tech exposure, is likely to benefit relatively. However, Deutsche Bank emphasized that the long-term outperformance trend of technology stocks remains unchanged.
How expensive is AI computing power rental in the US? "Spot price" is twice that of long-term contracts, and four times the return threshold for cloud service providers.
The short-term spot leasing price for AI computing power reaches as high as $40 to $50 billion per gigawatt per year, while the price for long-term contracts is only $20 billion per year, and the breakeven threshold for supercomputing cloud operators is around $12 billion per year. However, according to Goldman Sachs, the fundamental reason why hyperscale cloud providers like Google rent computing power at such significant premiums is that their in-house capacity cannot keep up; once their own capacity catches up, the spot premium will disappear.

‘More bullish on Bitcoin’ – Strategy leads 91% of corporate BTC buying
