MicroStrategy Buys the Dip — Saylor Adds $357M in BTC
Michael Saylor is doubling down again — MicroStrategy just scooped up 3,018 BTC for $356.9M (avg. $115,829 per coin) between Aug 18–24, according to SEC filings. Despite recent price weakness, the company stayed aggressive.
📊 Key Highlights:
Latest buy dwarfs the prior two: 430 BTC ($51.4M) and 155 BTC.
MicroStrategy now holds 632,457 BTC (~$71.1B) — up 53% over its $46.5B cost basis.
$MSTR stock has outperformed nearly every asset (and even the Magnificent 7) since adopting the “Bitcoin Standard” 5 years ago.
🌍 Trendsetters:
Japan’s Metaplanet (led by Simon Gerovich) added 103 BTC this week, raising its stack to 18,991 BTC (~$1.95B).
Other firms like SharpLink (holding 740,760 ETH) and funds like Galaxy Digital, Jump Crypto, and Multicoin are gearing up for a $1B Solana treasury build.
⚠️ Market Note:
While corporates stack sats, retail seems to be exiting. CryptoQuant’s Julio Moreno says the Bull Score Index is flashing bearish — a setup we’ve seen before previous rebounds.
#Saylor #BTCWhales #MarketPullback #CryptoTreasury #BitcoinStandard $BTC