Explore the latest developments concerning Strategy's Michael Saylor.
Strategy's Michael Saylor Has a Message for Bitcoin Investors as Its Price Falls
Crypto followers turned to bitcoin evangelist and Strategy founder Michael Saylor for a sign as the coin's price has fallen. He's urged them to keep the faith.
While the price of bitcoin and some crypto-linked stocks are in retreat, others are gaining in spite of the rout.
The bitcoin faithful are turning to one of their most vocal evangelists for a sign amid an intensifying market rout. His message? HODL.
We're talking about Michael Saylor, chief of Strategy (MSTR), the enterprise software company known for stockpiling bitcoin. The price of the world's most valuable cryptocurrency has been falling lately, and rumors broke out on social media that the company was selling amid the slide. Saylor dismissed those rumors, but the notion that latched onto the possibility that the man who might be bitcoin's best-known bull was turning tail shows the negativity radiating from the market at present.
Michael Saylor's MSTR Purchased 8,178 BTC Last Week
Fresh weekly buys of bitcoin are no longer news for Michael Saylor's Strategy (MSTR), but large purchases had mostly been off the table for some time.
The company last week, though, acquired an additional 8,178 BTC for $835.6 million, or an average price of $102,171 each.
This sizable buy was financed mostly through the sale of the company's latest preferred offering, STRE, or Steam, which brought Strategy's high yields to European investors, raising about $715 million earlier this month. The company also raised $131.4 million via its STRC, or Stretch, preferred series, per a Monday morning filing.
Strategy's bitcoin purchases of late had been mostly very incremental as the sharp decline in the company's stock price — lower by about 56% in just the past four months — had pretty much ruled out any large common share offerings.
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Strategy buys the dip on bitcoin, adding 8,178 tokens to balance sheet (MSTR:NASDAQ)
Strategy (MSTR) bought $835.6M of bitcoin (BTC-USD) in the week ended Nov. 16, 2025, the company disclosed on Monday, as the price of the original cryptocurrency slumped below $100K by the end of the week.
For more detailed information, explore updates concerning Strategy's Michael Saylor.
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