MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[fillippone]

MicroStrategy 592,345 BTC. Forever Lost BTC 1,456,454 BTC and Yet to be mined BTC
 1,117,329 BTC


The Bitcoin that has lost forever is more than the number MicroStrategy had bought
We can see it from the above figures. And also from the diagram below in the image.

Here

One problem with this infographic is that you don't have any precise definition for lost bitcoin.
How do you define a bitcoin that is lost? Probably if these bitcoins don't move for a long period they are defined as lost. Probably something above 7 years? It's interesting to see the intersection, the battle, between lost Bitcoin and newly created Stach.

[Ambatman]

MicroStrategy 592,345 BTC. Forever Lost BTC 1,456,454 BTC and Yet to be mined BTC
 1,117,329 BTC


The Bitcoin that has lost forever is more than the number MicroStrategy had bought
We can see it from the above figures. And also from the diagram below in the image.

This is one of the smallest number I have seen a platform attach to Lost Bitcoins.
The thing is they are all based on assumption and inactivity of the coin within certain year's
Glaassnode uses 7+
And they also add Satoshi coins among. I think the number of lost Bitcoin could be more than this
And sadly more would be lost in the future whether intentional or unintentional.

[JayJuanGee]

A $1b purchase will easily breach the level. And who knows, he might hit 650,000 BTC before 2025 ends.

Yeah, 600,000 BTC May not be his final ball stop, I feel that he would definitely want to go beyond this. And yes, with the level of his aggressiveness I won't be surprise to see him sleeping over 650,000 btc this 2025, and of which I'm even expecting more than this before the end of this year 2025.

There's no sign that MicroStrategy would stop buying if they reach that 600k volume.

We can see that Michael Saylor base on his tweets and support that they don't have plan to start. He provably believe that there's more better things to come on Bitcoin that's why he said this.

$21 million in 21 years

You can see that in his tweet https://x.com/saylor/status/1936452216292065671

So with this we provably could see MicroStrategy to accumulate continuously for more longer years.

I continue to have difficulties understanding why anyone believes that MSTR is going to intentionally stop or slow down accumulating bitcoin based on some kind of arbitrary target accumulation level.

I think you are mistaken about something here. Since I was familiar with this thread and those who reply to me, I realised that there must be a misconception about someone saying MSTR would stop or slow down the purchase of Bitcoin. Neither I nor @ejikeme24 (who replied to me) made such a statement. As boldened in our replies above, I believe @ejikeme24 means a progressive buying past 600,000 BTC, just as my own statement means that MSTR might have hit 650,000 BTC (50,000 BTC more ($5b+)) before 2025 is over. None of these statements means a stop/ slowdown, but a progressive attitude.

I stand by my comment, even if the substance of my comment may not necessarily be specifically referring to you or to the posts that you mentioned.   There is still an ongoing pattern of dumb.

I get the sense that over and over and over several guys are referring to various MSTR/Saylor BTC accumulation targets as if they were meaningful or something that might be based in reality rather than being based in the imagination of the members making up such arbitrary accumulation targets, as if MSTR and/or Saylor were to even have any such target, except as a passing through point.

And such ongoing nonsense and gibberish has been happening for a couple of years.. .. including guys proclaiming Saylor was aiming to get to 210k bitcoin (1% of the supply) and blah blah blah (probably earlier than that too).. guys continuing to make various nonsense and/or arbitrary insinuations that either Saylor or MSTR were to have BTC accumulation goals in which they might feel that they are allowed or justified to slow down or feel satisfied that they have enough of dee cornz.. when they have no such goals and they have never really had those kinds of goals, as I stated in my post, they will keep accumulating as many BTC as they are able to accumulate as long as other people are willing to give them money so that they can continue to buy more and more and more of dee cornz.  They do not have any self-imposed top...except maybe if they start to think that there is something that might appreciate better than BTC after 21 years in which BTC has reached something in the ballpark of $21 million with around a 21% appreciation rate, there might be some possibility that some other investment might be able to appreciate better than 21% per year?  perhaps? perhaps?  but I doubt it.

MicroStrategy 592,345 BTC. Forever Lost BTC 1,456,454 BTC and Yet to be mined BTC
 1,117,329 BTC
The Bitcoin that has lost forever is more than the number MicroStrategy had bought
We can see it from the above figures. And also from the diagram below in the image.

Here

One problem with this infographic is that you don't have any precise definition for lost bitcoin.
How do you define a bitcoin that is lost? Probably if these bitcoins don't move for a long period they are defined as lost. Probably something above 7 years? It's interesting to see the intersection, the battle, between lost Bitcoin and newly created Stach.

Even though I don't have anything to back up my "feelings" either besides some reports and hunches of other folks making such estimates, in which there is a sense that there are several million bitcoin, perhaps in the ballpark of 4-5 million or more coins than that are lost or not likely to be accessed..and sure it may well be based on such coins not moving for a long time (such as 7 years or longer as you suggested as a possible timeline and how Ambatman mentions as a glassnode criteria), which surely does not completely rule such coins out from being moved.. but then I recall seeing claims in which there are more 4-5 million coins that have not been moved for like 10 years or longer...and sure some of those coins might just be "hanging out," yet some of the purported owners of such coins also may not even know that the coins that they believe that they own are no longer accessible.

[Wind_FURY]

MicroStrategy 592,345 BTC. Forever Lost BTC 1,456,454 BTC and Yet to be mined BTC
 1,117,329 BTC


The Bitcoin that has lost forever is more than the number MicroStrategy had bought
We can see it from the above figures. And also from the diagram below in the image.

Here

One problem with this infographic is that you don't have any precise definition for lost bitcoin.
How do you define a bitcoin that is lost? Probably if these bitcoins don't move for a long period they are defined as lost. Probably something above 7 years? It's interesting to see the intersection, the battle, between lost Bitcoin and newly created Stach.
 

Plus how many of that "yet to be mined" Bitcoin WILL be lost. This is what makes these sorts of "calculations" for Bitcoin captivating because it's an asset with a limited supply that everyone can verify. You have to include projections for future possibilities.

That aside, does anyone know WHEN is Strategy's earnings call?

[Ambatman]

That aside, does anyone know WHEN is Strategy's earnings call?

August 5, 2025 at 5'Oclock ET.

https://www.tipranks.com/stocks/mstr/earnings
You can check out this link.
Few days till Q2 ends and Strategy likely draftment to be among the 500 S&P
It would be the first in many to come to make it to the list with Bitcoin as their core.

[Popkon6]

Bitcoin supply is shrinking: Will Saylor’s relentless BTC buying cause a supply shock?

As of mid-2025, Strategy holds more than 2.75% of the total Bitcoin supply (approximately 582,000 BTC) and continues to buy more every month. This aggressive approach fuels concerns that a BTC supply crisis may be on the horizon. Fewer coins available on exchanges means less liquidity, especially for new entrants or retail traders looking to buy in.
Source link: https://cointelegraph.com/explained/bitcoin-supply-is-shrinking-will-saylors-relentless-btc-buying-cause-a-supply-shock

Aggressive Bitcoin buying will certainly push up supply, as MicroStrategy is buying up a lot of Bitcoin. Regular Bitcoin buying has the potential to push up supply, with Michael Saylor only buying a small amount of BTC this week. By holding Bitcoin on a larger scale this week, their aggressive buying will quickly become more aggressive.
The more Bitcoin they buy, the more power MicroStrategy is gaining in the Bitcoin world, gradually becoming a large Bitcoin holder, and this aggressive Bitcoin holding is what makes them the most powerful Bitcoin buyers today.

[Popkon6]

Michael Saylor pitches Strategy's Bitcoin credit model to Trump’s FHFA Director
Michael Saylor proposed sharing MicroStrategy's Bitcoin Credit Model with the Trump administration's housing director.
The initiative aims to develop Bitcoin-backed mortgages by integrating Bitcoin into traditional housing finance.

Source link: https://cryptobriefing.com/bitcoin-credit-model-mortgages/

MSTR Chairman Michael Saylor proposed that MSTR share its Bitcoin credit with the Trump administration’s housing director, the Federal Housing Financing Agency (FHFA), on the grounds that it would create a separate Bitcoin-backed mortgage. The potential for greater leverage would be even greater, as the Trump administration and MSTR have already recognized the effectiveness of the Bitcoin-backed strategy.
The idea is to make it more practical and easier for the Treasury to purchase significant amounts of Bitcoin and hold it for a long time using debt financing through notes and bonds. The proposal was presented with several considerations.

[Free Market Capitalist]

Few days till Q2 ends and Strategy likely draftment to be among the 500 S&P
It would be the first in many to come to make it to the list with Bitcoin as their core.

Let's hope so. Coinbase is already in the index, and as much as they may not like it because this is far from the initial idea of a P2P cash, it is a form of mass adoption for society because a lot of people invest in the S&P 500 and therefore are, and will be increasingly, exposed to bitcoin indirectly.

[I_Anime]

One problem with this infographic is that you don't have any precise definition for lost bitcoin.
How do you define a bitcoin that is lost? Probably if these bitcoins don't move for a long period they are defined as lost. Probably something above 7 years? It's interesting to see the intersection, the battle, between lost Bitcoin and newly created Stach.

I don’t think they can actually give the right number of lost bitcoins, this is the smallest amount have seen sofar when comes to lost bitcoins . Researchers or analysts use various Indirect  methods and estimations to tell the amount of lost bitcoins ,some of these method are Dormant Address Analysis, and UTXos Analysis.


But I will be focusing on Dormant address analysis which is related  to what you said earlier concerning a wallet being inactive for over 7 years or more . But the thing is that we can’t differentiate those holding for long term and lost bitcoins . Some folks are holding for decades now, without the wallet not been active for long . And I believe such will also fall under lost bitcoin because those analysts can actually tell different from those holding for long and lost bitcoins, but am sure that the amount of lost bitcoins are much because a lot of folks as lost their bitcoins due to some certain reasons , not knowing well they store their bitcoins, losing their private key , even death before passing on access to their bitcoin and one of the most common sending their bitcoins to a wrong ,unrecoverable address.

Few days till Q2 ends and Strategy likely draftment to be among the 500 S&P
It would be the first in many to come to make it to the list with Bitcoin as their core.

Let's hope so. Coinbase is already in the index, and as much as they may not like it because this is far from the initial idea of a P2P cash, it is a form of mass adoption for society because a lot of people invest in the S&P 500 and therefore are, and will be increasingly, exposed to bitcoin indirectly.

We all know that Strategy are known for their mass bitcoin adoption, if it eventually happens many won’t be able to overlook Bitcoin which shows investors are gunning for a share.

[Bluedrem]

Micro Strategy is currently in profit of $21.3 billion on all the Bitcoins it has purchased so far.
Michael Sailor started buying Bitcoins in 2020 and by buying Bitcoins step by step, his current Bitcoin collection is 592 100 BTC.

They have purchased their collected Bitcoins at different times at different prices, which is why their current profit number is so high.

This proves that if someone collects Bitcoins through the DCA method, he will never face losses, rather he will be able to earn a good amount of profit from there.



Source: Bitcoin Magazine

[Just Common]

Micro Strategy is currently in profit of $21.3 billion on all the Bitcoins it has purchased so far.
Michael Sailor started buying Bitcoins in 2020 and by buying Bitcoins step by step, his current Bitcoin collection is 592 100 BTC.

They have purchased their collected Bitcoins at different times at different prices, which is why their current profit number is so high.

This proves that if someone collects Bitcoins through the DCA method, he will never face losses, rather he will be able to earn a good amount of profit from there.



Source: Bitcoin Magazine

I think that to invest in any business, a trader must have some qualities. Such as patience, profit and artificial intelligence. And in my opinion, Michael Saylor is a Bitcoin scientist. So Micro Strategy has been buying Bitcoin at a low price for a long time. And when the price of Bitcoin increased, he sold all the Bitcoins at once and made a profit of $ 21.3 billion. So I would say that if a trader has patience, profit and intelligence, then he has a high chance of making a profit.

[I_Anime]

Micro Strategy is currently in profit of $21.3 billion on all the Bitcoins it has purchased so far.
Michael Sailor started buying Bitcoins in 2020 and by buying Bitcoins step by step, his current Bitcoin collection is 592 100 BTC.

They have purchased their collected Bitcoins at different times at different prices, which is why their current profit number is so high.

This proves that if someone collects Bitcoins through the DCA method, he will never face losses, rather he will be able to earn a good amount of profit from there.



Source: Bitcoin Magazine

I think that to invest in any business, a trader must have some qualities. Such as patience, profit and artificial intelligence. And in my opinion, Michael Saylor is a Bitcoin scientist. So Micro Strategy has been buying Bitcoin at a low price for a long time. And when the price of Bitcoin increased, he sold all the Bitcoins at once and made a profit of $ 21.3 billion. So I would say that if a trader has patience, profit and intelligence, then he has a high chance of making a profit.

Hey mate you sure you are in the right thread because you are sounding off , we are not talking about trading here. This thread is all about micro strategy and some time other bitcoin treasuries. Michael saylor is not a bitcoin scientist, his just a business executive and entrepreneur, best known as the co-founder and executive chairman of micro strategy.

Yeah they have been purchasing bitcoin for years now , because they are into bitcoin for long term so stop addressing them as traders rather the correct way to describe those that are into bitcoin for long term is investors, try going through this thread well and read through the replies also .

[Ambatman]

I think that to invest in any business, a trader must have some qualities.

Traders don't invest. They trade. Don't miss it up and strategy ain't trading

So Micro Strategy has been buying Bitcoin at a low price for a long time. And when the price of Bitcoin increased,

They bought higher than market price when they announced this week around $105K

And when the price of Bitcoin increased, he sold all the Bitcoins at once and made a profit of $ 21.3 billion

That would be very stupid of him to do since strategy is now majorly focused in being a Bitcoin treasury company
They are still accumulating and haven't shown any plans of selling anytime soon.
Maybe is the wordings by Bluedrem
They have an unrealised Profit of more than $21Billion

So I would say that if a trader has patience, profit and intelligence, then he has a high chance of making a profit.

I'm not sure you read this before posting and would imagine it was a mistake.

[Joy- maker]

Micro Strategy is currently in profit of $21.3 billion on all the Bitcoins it has purchased so far.
Michael Sailor started buying Bitcoins in 2020 and by buying Bitcoins step by step, his current Bitcoin collection is 592 100 BTC.

They have purchased their collected Bitcoins at different times at different prices, which is why their current profit number is so high.

This proves that if someone collects Bitcoins through the DCA method, he will never face losses, rather he will be able to earn a good amount of profit from there.



Source: Bitcoin Magazine

I think that to invest in any business, a trader must have some qualities. Such as patience, profit and artificial intelligence. And in my opinion, Michael Saylor is a Bitcoin scientist. So Micro Strategy has been buying Bitcoin at a low price for a long time. And when the price of Bitcoin increased, he sold all the Bitcoins at once and made a profit of $ 21.3 billion. So I would say that if a trader has patience, profit and intelligence, then he has a high chance of making a profit.

I think you are just confusing everything here, and you're not even making any sense at all. And secondly microstrategy has been buying bitcoin without looking at bitcoin price, Microstrategy buy bitcoin when ever funds are available for them to buy bitcoin, so saying that microstrategy has been buying bitcoin at low price for long time now, is wrong. and beside Microstrategy has not sold there bitcoin yet, and they are not even ready to sell their bitcoin anything soon, rather microstrategy are still buying bitcoin continuously to add up to their bitcoin holding. so all what just you said above concerning microstrategy is wrong, so stop misleading people by spreading false news concerning microstrategy bitcoin holding.

[ejikeme24]

And such ongoing nonsense and gibberish has been happening for a couple of years.. .. including guys proclaiming Saylor was aiming to get to 210k bitcoin (1% of the supply) and blah blah blah (probably earlier than that too).. guys continuing to make various nonsense and/or arbitrary insinuations that either Saylor or MSTR were to have BTC accumulation goals in which they might feel that they are allowed or justified to slow down or feel satisfied that they have enough of dee cornz..

This is just an exaggeration as we don't know how Long MSTR accumulating process is going to last, Saylor previous comment on X shows that he won't be slowing down from his accumulating journey and there's no sign of satisfaction, but to stick with the ongoing buying of bitcoin until God knows when.

except maybe if they start to think that there is something that might appreciate better than BTC after 21 years in which BTC has reached something in the ballpark of $21 million with around a 21% appreciation rate, there might be some possibility that some other investment might be able to appreciate better than 21% per year?  perhaps? perhaps?  but I doubt it.

Surely in the next 21 years we may likely see new changes in the crypto market. then, guys will be looking into diversifying into this assets, while they continue with thier bitcoin investment. And Yes, seeing investment that would appreciate better than 21% per year is almost impossible, though we can't really tell for sure.

[Popkon6]

And such ongoing nonsense and gibberish has been happening for a couple of years.. .. including guys proclaiming Saylor was aiming to get to 210k bitcoin (1% of the supply) and blah blah blah (probably earlier than that too).. guys continuing to make various nonsense and/or arbitrary insinuations that either Saylor or MSTR were to have BTC accumulation goals in which they might feel that they are allowed or justified to slow down or feel satisfied that they have enough of dee cornz..

This is just an exaggeration as we don't know how Long MSTR accumulating process is going to last, Saylor previous comment on X shows that he won't be slowing down from his accumulating journey and there's no sign of satisfaction, but to stick with the ongoing buying of bitcoin until God knows when.

Are you unaware of Michael Saylor's Bitcoin purchase future, they have been holding Bitcoin for a long time. If you want to get an approximate estimate of their plans, you can definitely go to www Saylortracker.com website. They have been holding Bitcoin since 2020 till today, and they have been following the weekly DCA method.
And they have promised to keep their Bitcoin holding fresh in the future, MSTR has mentioned this among the fans of the company. And also mentioned that in 21 years, the value of each Bitcoin will be 21 million. With this prediction, they have guaranteed to buy more Bitcoin in the future, looking at the history of such Bitcoin purchases, we can guess that they will buy more Bitcoin in the future.

[Bd officer]

This proves that if someone collects Bitcoins through the DCA method, he will never face losses, rather he will be able to earn a good amount of profit from there.

Of course the best strategy to invest in Bitcoin is the DCA strategy. MicroStrategy Company has long continued to invest in DCA strategy. Now if you continue to invest in DCA strategy but if your plan is not long term, can you benefit? If you continue to invest in DCA strategy for a short period of time then you will not succeed. So before investing in Bitcoin you need to plan long term and you have to implement according to plan. And you cannot succeed without long-term holdings by investing in Bitcoin. So you can say that if someone plans for the long term and continues to invest using the DCA strategy, they can definitely expect profits.

And also mentioned that in 21 years, the value of each Bitcoin will be 21 million. With this prediction, they have guaranteed to buy more Bitcoin in the future, looking at the history of such Bitcoin purchases, we can guess that they will buy more Bitcoin in the future.

In fact no one can accurately predict the price of Bitcoin. But the way MicroStrategy is investing in Bitcoin, if more reputable companies invest like this, the price of Bitcoin will definitely go up a lot. I don't know how accurate their predictions will be, but it's no surprise if their predictions are correct. Now the price of Bitcoin will definitely increase with time, of course we will see the price of Bitcoin in millions of dollars at some point in the future.

[DiMarxist]

I don't know if this is the right place to make this comment. If seen I will move it.

1.15 billions purchase at a go is a mega investment of Bitcoin.

BlackRock doubles down on Bitcoin — total holdings $77.7B. BlackRock made another big move this week, purchasing $1.15 billion in BTC.
Despite volatility, the asset manager remains firmly bullish on crypto."

Here

[Agbamoni]

I think that to invest in any business, a trader must have some qualities.

You are misunderstanding the terminologies (trader, investor). Traders are not investors and investors are not traders.. You might be a newbie and may need to learn more. Read through this thread it will be helpful - https://bitcointalk.org/index.php?topic=5495199.100

Such as patience, profit and artificial intelligence. And in my opinion,

How does profit becomes a quality of a trader or an investor? The four main qualities I know and you should keep into account are - Discipline, patience, knowledge and research and emotional control. Profit is something you get in return when you put these qualities to work

[Taskford]

I don't know if this is the right place to make this comment. If seen I will move it.

1.15 billions purchase at a go is a mega investment of Bitcoin.

BlackRock doubles down on Bitcoin — total holdings $77.7B. BlackRock made another big move this week, purchasing $1.15 billion in BTC.
Despite volatility, the asset manager remains firmly bullish on crypto."

Here

This is not really the right place to talk about BlackRock accumulation since the topic discussed is all about MicroStrategy. I guess it became off topic now if you talk about that in this thread. But if this have something to do with MicroStrategy then I think its fine to post this up here.

Also their are lots of threads discuss about everything what BlackRock does so I think in that threads you can post these information about what BlackRock achieve.

I think that to invest in any business, a trader must have some qualities.

You are misunderstanding the terminologies (trader, investor). Traders are not investors and investors are not traders.. You might be a newbie and may need to learn more. Read through this thread it will be helpful - https://bitcointalk.org/index.php?topic=5495199.100

Yeah maybe he got confuse on terminologies since trader have similarities with gamblers and not investor.