Strategy on Track to Reach 750K BTC as Saylor Teases Another Purchase
Analysis
Price Impact
HighMichael saylor's continued accumulation and optimistic outlook, coupled with microstrategy's substantial bitcoin holdings nearing 750k, signals strong institutional conviction. this can attract further investment and potentially drive up demand.
Trustworthiness
HighMichael saylor is a highly influential figure in the bitcoin space, and microstrategy's public bitcoin purchases are well-documented and consistently reported. their strategy is transparent.
Price Direction
BullishSaylor's consistent purchasing even when 'underwater' and his $1 million price target suggest a long-term bullish stance. the anticipation of another purchase and the nearing of a significant holding milestone could create positive market sentiment.
Time Effect
LongSaylor's mention of 'hyperbitconization' within 'the next several decades' and his overall strategy of long-term holding suggest that the impact of these actions will be felt over an extended period.
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Article Content:
Cover image via U.Today Read U.TODAY on Google News Former Strategy CEO Michael Saylor has teased yet another Bitcoin purchase on his social media profile. Advertisement The influential executive has announced an "orange century," seemingly expecting complete hyperbitconization to occur within the next several decades. In the meantime, Strategy's total Bitcoin holdings are steadily approaching the 750,000 BTC mark, according to the most recent data. HOT Stories Strategy on Track to Reach 750K BTC as Saylor Teases Another Purchase Morning Crypto Report: XRP on the Edge vs Bitcoin as February Ends, Vitalik Buterin Donates More ETH for Charity, Shiba Inu (SHIB) May Challenge PayPal USD in March Strategy's total Bitcoin holdings currently stand at 717,131, according to the most recent data. Advertisement On Feb. 17, the company announced an additional Bitcoin purchase of roughly $168 million. You Might Also Like Sun, 02/22/2026 - 09:46 $250,000 BTC by 2029: Peter Brandt Tells Scottie Pippen to 'Buy the Banana' of Bitcoin By Gamza Khanzadaev The company's average purchase price currently stands at $76,000, which is way above the current market price. According to CoinGecko data, BTC is currently changing hands at $67,359, which is way above the current market price. Advertisement Undeterred by crypto winter Despite being underwater with steep unrealized losses, Strategy appears to be unfazed, and Saylor is willing to expand the company's Bitcoin coffers. As reported by U.Today, the Strategy boss recently stated that Bitcoin is ultimately going to $1 million if it does not go to zero. At the same time, Saylor recently admitted that the industry was in the middle of a full-blown crypto winter, with Bitcoin losing nearly half of its price after reaching its record peak of $126,080 in October. That said, Saylor expects this crypto winter to be relatively mild and short compared to the previous drawdowns. This bearish cycle is different due to political support as well as the institutional money that is entering crypto. #Bitcoin News #MicroStrategy News