Saylor Hints at 11th Straight Week of Bitcoin Buys as Strategy’s Gains Top $21.8B
Michael Saylor, co-founder of Strategy, has signaled yet another Bitcoin acquisition, marking what would be the company’s 11th consecutive week of BTC purchases — a streak that began on April 14.
In 21 years, you’ll wish you’d bought more. pic.twitter.com/s1I607RVda
— Michael Saylor (@saylor) June 29, 2025
“In 21 years, you’ll wish you’d bought more,” Saylor told his 4.4 million followers on X, continuing his unwavering bullish stance on Bitcoin. Over the past year, Saylor has gained approximately 1 million new followers, reinforcing his position as one of Bitcoin’s most vocal corporate advocates.
$63.6 Billion in Bitcoin and Counting
On June 23, Strategy disclosed its latest buy: 245 BTC for $26 million, pushing its total holdings to 592,345 BTC — now worth over $63.6 billion. With an average acquisition cost far below the current market price of $108,000, Strategy’s unrealized capital gain now exceeds $21.8 billion, representing a 52% return.
Strategy is currently the largest known corporate holder of Bitcoin, possessing more than double the BTC held by the next 20 public treasury companies combined, according to BitcoinTreasuries.net.
A Potential Supply Shock?
Analysts are divided on whether Strategy’s rapid accumulation will lead to a Bitcoin supply shock, driving prices even higher. The pace of buying, combined with growing institutional demand and limited new BTC issuance, has heightened speculation around future scarcity.
However, others caution that Strategy’s model — which includes using debt and equity financing to fund BTC purchases — could be unsustainable if adopted widely.
“Only the Strong Will Survive,” Says VC Firm Breed
A report from venture capital firm Breed warns that the corporate Bitcoin treasury trend may eventually trigger a shakeout. According to the firm, many smaller or newly formed treasury companies lack the financial resilience to weather a prolonged market downturn.
“When failures inevitably hit, the strongest players are likely to acquire distressed companies and consolidate the industry,” the report stated.
Breed emphasized that Strategy’s scale, deep BTC reserves, and previous bear market experience make it uniquely positioned to endure a future correction — unlike newer entrants that rely on higher leverage ratios and tighter capital markets.
Path to the S&P 500?
Investor and analyst Jeff Walton recently projected that Strategy has a 91% probability of joining the S&P 500 by Q2 2025, potentially signaling even greater institutional recognition and liquidity for the company.
The firm’s consistency — continuing to accumulate Bitcoin through bear and bull markets alike — is being lauded as a blueprint for long-term BTC treasury strategy success.
With sentiment growing more bullish and Strategy maintaining its pace, all eyes will remain on Saylor as he reinforces his position at the helm of one of Bitcoin’s most influential corporate backers.