Journalist
Tanzeel Akhtar
Journalist
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“Thinking about buying more bitcoin,” posted Michael Saylor on Thursday morning highlighting Strategy’s reputation as one of the most aggressive corporate accumulators of BTC.
The X post follows the company’s latest disclosure that it added 22,305 bitcoin to its balance sheet, spending approximately $2.13 billion as part of its ongoing accumulation strategy. The purchase was completed at an average price of $95,284 per BTC, inclusive of fees and expenses.
Latest Purchase Expands Strategy’s Bitcoin War Chest
The acquisition disclosed on January 20 was funded through proceeds from Strategy’s at-the-market equity and preferred stock sales conducted between January 12 and January 19.
The approach mirrors the company’s prior capital-raising playbook, which has repeatedly converted equity issuance into bitcoin exposure during periods of market consolidation.
As of January 19, Strategy holds 709,715 bitcoin acquired for approximately $53.92 billion at an average price of $75,979 per BTC.
Bitcoin Price Action Shows Consolidation
Bitcoin is trading around $88,800 on Thursday, down roughly 0.3% over the past 24 hours, according to CryptoNews data. The asset has retreated from recent highs above $95,000 and remains well below its October 2025 all-time high near $126,000.
Recent price action shows bitcoin moving within a broad consolidation range, with buyers stepping in near the $85,000–$90,000 zone while upside momentum has stalled below $100,000.
Trading volumes have moderated, suggesting market participants are waiting for fresh catalysts amid tightening financial conditions and shifting macro expectations.
Despite the pullback bitcoin remains up on a year-over-year basis with its market capitalisation hovering near $1.77 trillion highlighting its position as the largest digital asset by a wide margin.
Markets convulsed after President Donald Trump threatened steep tariffs on eight European nations unless Denmark cedes Greenland, with rhetoric including hints the U.S. might seize the territory by force, triggering a global risk-off move on January 20.
Gold surged to record highs while Bitcoin plunged into the low-$90K range, with some intraday trades dipping as low as $87K.
Strategy’s Long-Term Conviction Remains Intact
Saylor has framed bitcoin as a long-duration treasury reserve asset rather than a short-term trade. Strategy’s accumulation pace has shown little sensitivity to near-term volatility with purchases continuing across both rising and falling markets.
The latest X post and buy earlier this week shows the company’s view that periods of consolidation represent accumulation opportunities rather than signals of weakness.
While the strategy has drawn both praise and criticism from market observers, Saylor has repeatedly argued that bitcoin’s long-term scarcity and monetary properties outweigh interim drawdowns.
