Saylor Declares ‘Bitcoin Forever’ as MicroStrategy Acquires 430 BTC
Michael Saylor, executive chairman of MicroStrategy, published a new X post featuring an AI-generated warrior image captioned “Bitcoin Forever,” signaling his unwavering support for Bitcoin. Immediately after, MicroStrategy spent approximately $51.4 million to acquire an additional 430 BTC at an average price of $119,666 per coin. This purchase boosted the company’s total Bitcoin holdings to 629,376 BTC, valued at about $72.3 billion, and contributed to a 25.1% year-to-date return for its shareholders. Only BlackRock’s IBIT spot Bitcoin ETF holds more BTC. MicroStrategy continues to fund its strategy by issuing various Bitcoin-linked securities, including MSTR, STRC, STRK, STRF and STRD, reinforcing its long-term commitment to Bitcoin accumulation.
Bullish
Michael Saylor’s renewed “Bitcoin Forever” message combined with MicroStrategy’s additional 430 BTC purchase signals strong institutional confidence and demand, likely boosting trader sentiment and applying upward pressure on prices. Historically, MicroStrategy’s BTC acquisitions have correlated with positive market reactions, suggesting a short-term rally and reinforcing long-term bullish momentum as more institutions follow suit.