Why Is Michael Saylor Still Buying Bitcoin Despite Market Volatility?

Michael Saylor’s unwavering approach to buying bitcoin continued through September 2025 as Strategy acquired 525 BTC for about $60.2 million. Even amid fluctuating prices and ongoing market volatility, Saylor’s persistent purchases have kept the firm at the forefront of corporate crypto investment, settling its status as the world’s largest institutional bitcoin holder.

The latest acquisition, executed over the period of September 8-14, brought Strategy’s total holdings to an impressive 638,985 BTC bought at a cumulative cost of roughly $47.23 billion.

The average price per coin stands at $73,913, putting the company well ahead of market cycles and current valuations, given the recent purchase price of $114,562 per bitcoin.

What Drives Saylor’s Relentless Bitcoin Buying?

Michael Saylor’s confidence in Bitcoin as “digital gold” underpins his bold treasury policy. He routinely likens Bitcoin’s decentralized nature and capped supply to traditional stores of value but touts its digital advantages.

In Saylor’s vision, crypto outperforms gold and fiat currencies for wealth preservation, especially as inflation and central bank strategies evolve globally.

Strategy’s continued accumulation signals conviction that Bitcoin’s fundamentals justify aggressive purchases, even during turbulent swings.

Saylor credits the asset’s scarcity, durability, and global accessibility as core strengths while seeing volatility as an opportunity for disciplined, long-term buyers.

Did you know?
Strategy’s current Bitcoin reserve exceeds the gold reserves held by most central banks, making it a unique corporate treasury asset.

How Does Strategy Finance Massive BTC Purchases?

The latest bitcoin acquisition was funded through at-the-market equity offering programs. Strategy sold hundreds of thousands of preferred shares across various series, raising $68.2 million in net proceeds.

This model allows the firm to steadily raise cash via equity sales and immediately allocate capital for Bitcoin purchases, minimizing debt exposure and maintaining operational flexibility.

By tapping into preferred share programs, Strategy diversifies its funding sources beyond conventional debt or internal cash flow.

This structured approach has enabled the company to dramatically grow its digital asset holdings without overstretching its balance sheet, balancing risk and innovation for its investors and stakeholders.

What Benefits Does Saylor See in Bitcoin Over Gold?

Saylor’s public statements often highlight his belief that bitcoin’s open protocol and instant settlement have a distinct edge over gold’s physical limitations.

He argues that global adoption and mainstream institutional interest in Bitcoin, especially through ETF inflows, will drive prices and utility higher in coming years.

For strategy, Bitcoin represents a dynamic hedge against inflation and macroeconomic uncertainty.

The company’s treasury transformation, away from conventional reserves and toward digital assets, demonstrates Saylor’s commitment to pioneering new models for corporate investment and risk management.

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How Secure Is Strategy’s BTC Treasury Amid Fluctuating Prices?

Despite sharp market swings, Saylor’s hefty BTC reserves remain strongly profitable, with recent purchases reflecting continued upward momentum.

As of September 14, 2025, the firm’s holdings have returned an annualized yield of 25.9% year-to-date, a testament to disciplined buying and timely execution.

The company’s aggregate cost basis at $73,913 per BTC is well below ongoing market prices, insulating its treasury from sudden downturns.

Strategy’s approach blends operational agility with risk-managed exposure, ensuring stability even when volatility strikes the broader crypto market.

Where Does Strategy’s Bitcoin Hoard Rank Globally?

With nearly 639,000 bitcoins under management, Strategy’s holdings now eclipse those of most national central banks and institutional investors, even outpacing the BTC reserves of some global exchanges.

This immense stash sets the company apart as a leader in the corporate digital asset movement, influencing market sentiment and industry standards.

Saylor’s outspoken advocacy, combined with steady accumulation, puts Strategy in a unique position to shape the evolving future of institutional Bitcoin adoption.

Its treasury decisions are observed widely and may set trends for how companies view digital assets for generations ahead.

Looking forward, Saylor’s continued commitment to buying bitcoin amid volatility signals that corporate participation in crypto is far from a fleeting trend.

As regulatory clarity grows and mainstream acceptance spreads, companies like Strategy could help define the playbook for digital asset management in a rapidly transforming global economy.