EddieJayonCrypto
2 Jun 25
Michael Saylor, co-founder of Strategy, has hinted at another Bitcoin purchase following a recent $427.1 million acquisition. These purchases typically cause little market volatility but are seen by JPMorgan as a bullish factor that could help Bitcoin outperform gold in the latter half of 2025. Sayl...
Michael Saylor's Strategy recently announced a $427.1 million Bitcoin purchase, signaling continued bullishness despite limited market volatility.JPMorgan identifies Strategy's Bitcoin acquisitions as a key factor potentially enabling Bitcoin to outperform gold in late 2025.Saylor faced criticism for rejecting on-chain proof-of-reserves publication, sparking security debates and conspiracy theories about Strategy's Bitcoin holdings.Arkham Intelligence confirmed tracking of Strategy's Bitcoin assets, countering claims of holding only paper Bitcoin.Saylor predicts increasing difficulty in purchasing Bitcoin as demand and market dynamics evolve.
Michael Saylor, co-founder of Strategy, has hinted at another Bitcoin purchase following the recent $427.1 million acquisition. These purchases typically cause little market volatility but are seen by JPMorgan as a bullish factor that could help Bitcoin outperform gold in the latter half of 2025.Saylor's rejection of on-chain proof-of-reserves due to security concerns drew criticism and fueled conspiracy theories about Strategy holding paper Bitcoin. However, Arkham Intelligence later confirmed the tracking of Strategy's Bitcoin holdings.Saylor also commented that buying Bitcoin will become "exponentially harder," reflecting expectations of growing demand and evolving market dynamics.