Michael Saylor

Strategy acquired another 10,645 BTC for $980.3 million, bringing total holdings to 671,268 BTC worth $60 billion, while its stock underperforms Bitcoin and faces potential index exclusion.

Michael Saylor of Strategy has proposed that nations create digital banking systems backed by Bitcoin reserves, arguing this could attract trillions in capital and offer better savings rates. However, critics point to Bitcoin’s volatility as a significant risk.

Michael Saylor’s Strategy has added 10,624 BTC to its treasury for $962.7 million, bringing its total holdings to over 660,000 bitcoin. The purchase comes amid recent criticism of Saylor.

Michael Saylor faces criticism on X after his company Strategy made a $27 million down payment for a private jet, especially as Bitcoin’s price and MSTR stock have fallen. Reactions are mixed, with some calling it a misstep and others defending it as normal for a global company.

Fears that Michael Saylor’s Strategy will be forced to liquidate its Bitcoin holdings are unfounded, according to Bitwise CIO Matt Hougan. The company’s substantial cash reserves and lack of near-term debt mean it can withstand market pressure without selling until at least 2027.

Strategy, formerly MicroStrategy, is in talks with MSCI about a potential removal from its indices due to a new policy limiting crypto exposure. The move could trigger billions in outflows and impact the broader crypto market.

Michael Saylor’s Strategy has raised $21 billion year-to-date in 2025 to acquire more Bitcoin, utilizing a mix of equity and debt. The firm recently made its largest BTC purchase since July and is on pace to surpass its 2024 fundraising total.

Strategy, the largest corporate holder of Bitcoin, is facing intense pressure as its stock has plummeted over 40% in a week. The decline, outpacing Bitcoin’s own losses, raises concerns about Michael Saylor’s high-stakes strategy and potential exclusion from major stock indices.