Michael Saylor’s Bitcoin Bet Goes Global: $112K BTC Surge Sparks Wall Street Panic

Michael Saylor’s Bitcoin accumulation strategy is drawing global attention once again, as the co-founder and executive chairman of Strategy (formerly MicroStrategy) doubles down on his well-documented commitment to Bitcoin despite ongoing skepticism from Wall Street.   

In a CNBC report, journalist MacKenzie Sigalos described Saylor’s approach as “exploding,” with the scale of his Bitcoin purchases positioning the firm as one of the largest corporate holders of the asset.   

According to the report, Strategy now owns around 214,400 bitcoins, with a market value of over $14 billion at current prices.   

This amount includes that the company recently purchased 12,000 bitcoin, acquired through a recent convertible into cash note offering. 

Strategy's long-term corporate finance strategy has been influenced by Saylor's conviction that Bitcoin is a better store of assets than fiat cash, which has caused the firm to shift from traditional cash holdings to the digital asset market.

While a lot of traditional finance analysts continue to doubt the volatility and regulatory risks associated with Bitcoin, Saylor has remained strong in his plan, often using downturns of the market to accumulate more coins.

CNBC indicates that Wall Street remains divided on the approach. Some investors have raised concerns about Strategy’s increasing dependency on Bitcoin to drive shareholder value, stating that the firm’s core business software operations are being overshadowed.

Meanwhile, other individuals don’t see the belief and have considered the company’s Bitcoin holdings as a high-risk bet that could increase losses in a prolonged downturn. 

Despite this, Saylor has continued to raise capital through multiple forms, including stock and debt issues, specifically to expand Bitcoin exposure.

The point of view is that Saylor looks undeterred by the skepticism.. Speaking on his broader vision, he compared Bitcoin accumulation to buying digital property. 

According to saylor, keeping Bitcoin is a long-term defensive investment against inflation and currency depreciation.

Saylor also indicated the global shift in investor behavior, suggesting that more institutions are beginning to look beyond traditional assets. 

He put Bitcoin as the digital gold of the modern era, appealing to corporations, high-net-worth individuals, and sovereign entities alike.

Saylor shared a CNBC article on X (formerly Twitter). In the tweet, he called attention to the global reach of the strategy, quoting the article’s headline: “Saylor’s bitcoin buying strategy is ‘exploding’ globally.” 

The tweet served as both a validation of his view and a direct response to critics who have questioned the scalability of his ambitious collection.

While Strategy continues to build its Bitcoin holdings, the firm’s financial playbook remains under intense observation. 

However, Saylor’s long-term belief in Bitcoin remains unchanged, making his company different as one of the few publicly traded firms betting heavily on the digital asset’s future role in the global economy.