Is Michael Saylor quietly stacking more Bitcoin again?
The market seems to think so. While there were no new orange dots this week signaling fresh purchases, the Michael Saylor Bitcoin strategy remains the strongest corporate play in the crypto world, a $9 billion reminder of why long-term conviction still rules the market.

Source: X (formerly Twitter)
Strategy (formerly MicroStrategy) (NASDAQ: MSTR), the company founded and led by Saylor, continues to dominate the spotlight as its Michael Saylor Bitcoin strategy transforms it from a software firm into a financial powerhouse.
The company’s market cap now stands at $100.95 billion, overtaking Dell Technologies and ranking among the top 110 U.S. public firms.

Source: Google Finance
Its stock trades at $351.63, up nearly 12% in the last five days, reflecting investors’ confidence in its Bitcoin-linked growth model.
At the heart of his strategy is the belief that this digital asset is superior to holding fiat.
Rather than holding corporate reserves in declining dollars, MicroStrategy directs its capital into acquiring BTC, leveraging its balance sheet as a high-conviction wager on digital scarcity.
The company's BTC holdings now stand at 640,031 BTC, worth more than $79 billion at prevailing market prices.
With BTC trading at about $123,500 after reaching a new all-time high of more than $125,000, MicroStrategy's position is still the largest held by any publicly traded company.
Saylor's plan has essentially made MicroStrategy a disguised Bitcoin ETF that exposes shareholders directly to BTC rather than keeping it under its own custody.
Despite a 3-month negative decline of -13%, MicroStrategy has posted a 1-year growth of 115%, while its BSE return now stands at a staggering 2,744%.
Its enterprise value stands at $115.7 billion, while debt-to-Bitcoin NAV ratio stands at a healthy 10% reflecting proper balance between leverage and asset strength.
With 48% historic volatility and open interest standing above $105 billion, investors are utilizing MSTR stock as a leveraged crypto proxy.
Its preferred shares have appreciated significantly in value, reflecting increasing institutional demand for indirect exposure to BTC.

Source: Website
For Saylor, the strategy is always the same: accumulate, hold, and wait. His belief in the long-term potential of this digital currency has not changed since the first buy-in 2020.
Each volatility cycle, he contends, makes crypto's position as digital gold all the more robust.
The latest Bitcoin rally on the back of $3.24 billion in last week's ETF inflows underscores the Michael Saylor Bitcoin thesis yet again. Institutional investors such as BlackRock, Citigroup, and Standard Chartered have increased their year-end BTC price forecasts to approximately $133K–$135K, echoing the general market conviction.

Source: CoinMarketCap
With exchange reserves at seven-year lows and increasing companies like Metaplanet mimicking MicroStrategy's strategy, it's scarcity is becoming tighter.
Analysts predict that if it closes above $126K, the next target could be $128K–$130K, continuing the bullish momentum of the “Uptober” rally.
Michael Saylor's vision for BTC is not a matter of market timing, it's a matter of making it through each cycle. His consistent accumulation has demonstrated how a public company can outperform conventional peers by converting inflation into opportunity.
And as the last quarter of the year is about to start, everyone waits with bated breath for Saylor's next move. If he makes another stealthy buy or just lets his bets ride the wave of the bull.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.