Michael Saylor Buys 168 Bitcoin as Market Rebound Gains Momentum

2025-10-20 23:34
Blockmedia
Blockmedia
Michael Saylor Buys 168 Bitcoin as Market Rebound Gains Momentum

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MicroStrategy Expands Bitcoin Holdings Amid Market Recovery

MicroStrategy, the world’s leading corporate holder of Bitcoin (BTC), has once again demonstrated its unwavering commitment to cryptocurrency by further expanding its Bitcoin reserves. Under the leadership of Michael Saylor, the company leveraged a recent market pullback to enhance its Bitcoin-focused treasury strategy, solidifying its stance as a major proponent of digital assets.

MicroStrategy Secures 168 More Bitcoin Worth $18 Million

In a decisive move on October 20, MicroStrategy announced the acquisition of 168 additional Bitcoin, valued at $18 million, according to CoinGape reports. This purchase equates to roughly 25.6 billion won, with an average cost of $112,051 per Bitcoin.

This latest acquisition brings the firm’s total Bitcoin holdings to an impressive 640,418 BTC, making it the undisputed leader in corporate Bitcoin ownership. Notably, MicroStrategy’s cumulative investment in Bitcoin now stands at a staggering $4.74 billion (approximately 67.5 trillion won), with an overall average purchase price of $74,010 per BTC. Year-to-date, this aggressive investment strategy has yielded a 26% return on its Bitcoin portfolio—a remarkable feat for the cryptocurrency in 2023.

The purchase was foreshadowed by Saylor on October 19, when he took to X (formerly Twitter) to share a cryptic message alongside a Bitcoin portfolio image, stating, “The most important orange dot is always the next.”

“The most important orange dot is always the next.”
— Michael Saylor (@saylor) October 19, 2025

This marks MicroStrategy’s second significant Bitcoin acquisition in consecutive weeks. Between October 6 and October 12, the company purchased 220 Bitcoin at a cost of $27.2 million (around 38.7 billion won). These back-to-back purchases underline the firm’s aggressive investment posture and long-term commitment to Bitcoin as its primary treasury asset.

Bitcoin’s Price Recovery Spurs Opportunistic Moves

The latest acquisition coincides with Bitcoin’s recovery following a dip that brought prices down to $104,000. With the cryptocurrency rebounding above $110,000, Saylor seized the opportunity to bolster MicroStrategy’s holdings. Known as one of the most prominent Bitcoin bulls, Saylor has consistently taken advantage of market pullbacks through strategic buy-ins, echoing his belief in Bitcoin’s long-term valuation as "digital gold."

Saylor’s philosophy is rooted in his conviction that Bitcoin possesses unmatched potential for sustained value appreciation over time. By capitalizing on volatility in the crypto market, MicroStrategy underscores its unique approach: positioning itself as a leader in Bitcoin adoption within the corporate sector despite fluctuations in price.

MicroStrategy Stock Sees Modest Recovery Despite Yearly Losses

Bitcoin’s rebound has also offered a slight reprieve for MicroStrategy’s stock (MSTR). TradingView data shows MSTR shares trading around $297 as of this week—an approximate 3% increase compared to last week’s closing price of $289.

However, despite the minor uptick, MicroStrategy’s stock remains down approximately 3% year-to-date. Earlier in 2023, MSTR shares surged to $455 before losing momentum in late August, erasing much of the earlier gains. The stock’s performance continues to reflect the broader volatility of the cryptocurrency market, which plays a significant role in shaping investor sentiment toward the firm.

Saylor’s Strategy: Turning Market Volatility Into Opportunity

Michael Saylor’s investment philosophy remains steadfast: “Every correction is a buying opportunity.” MicroStrategy’s recent acquisition exemplifies this principle, integrating it as a core tenet of the company’s strategy. By embracing volatility and turning market downturns into strategic advantages, Saylor reinforces his belief in Bitcoin’s transformative potential.

MicroStrategy’s consistent actions in the crypto market have cemented its reputation as a pioneering corporate advocate for Bitcoin. For Saylor and his company, Bitcoin represents more than just an investment—it is the cornerstone of a financial strategy designed to harness the disruptive power of blockchain technology and digital assets. Amid fluctuating prices and unpredictable market conditions, MicroStrategy’s resilient approach serves as a model for other companies exploring cryptocurrency as part of their business operations.

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