Saylor Teases MicroStrategy’s Potential 100th Bitcoin Buy as BTC Slips
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Saylor Teases MicroStrategy’s Potential 100th Bitcoin Buy as BTC Slips



Headline: Michael Saylor Teases MicroStrategy’s Potential 100th Bitcoin Buy as BTC Slips

MicroStrategy CEO Michael Saylor dropped a brief but telling post on X over the weekend — captioned “The Orange Century” and accompanied by a screenshot of a tracker listing the company’s past Bitcoin purchases — prompting markets to read it as a signal the firm may be gearing up for its 100th BTC acquisition.

Since beginning its Bitcoin accumulation in August 2020, MicroStrategy has completed 99 documented purchases, amassing 717,131 BTC at an average cost of $76,027 per coin. If the hint proves true, the next move would mark the company’s 100th buy as it continues to add to its treasury strategy.

MicroStrategy has maintained a steady accumulation approach through volatile market cycles, including the last 12 weeks of continued buys. The company has financed its purchases through a mix of convertible debt and equity offerings — tactics that have drawn both attention and concern from investors and analysts worried about refinancing risk if Bitcoin prices stay depressed.

Bitcoin itself has cooled sharply, trading nearly 48% below its all-time high of $126,080. MicroStrategy’s large exposure has weighed on its stock: shares are down more than 61% over the past six months, though they remain up roughly 950% from the level when the company first began buying BTC, according to Google Finance.

Saylor has defended the firm’s strategy, saying MicroStrategy could tolerate a Bitcoin drawdown to $8,000 per coin without endangering its balance sheet and describing the company’s leverage as manageable relative to its holdings. At current market prices, the company’s Bitcoin stash is valued at more than $47 billion, with paper losses reported at about 13.62%.

If confirmed, a 100th purchase would be another milestone in MicroStrategy’s high-profile, long-term bet on Bitcoin as an inflation hedge and store of value — and a reminder that the company remains one of the crypto market’s most committed corporate holders.

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