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

[fillippone]

Galaxy is looking to become the Strategy of the Solana ecosystem: a bit more aggressive than Strategy, actively pursuing yield through yield farming strategies like staking, or opportunistic market making (whatever that means).
Strategy bootstrapped an entire ecosystem of yield-enhancing Digital Asset Treasury companies.

[Bluedrem]

Galaxy is looking to become the Strategy of the Solana ecosystem: a bit more aggressive than Strategy, actively pursuing yield through yield farming strategies like staking, or opportunistic market making (whatever that means).
Strategy bootstrapped an entire ecosystem of yield-enhancing Digital Asset Treasury companies.

This is very interesting. Galaxy does not want to be just a general investor in the Solana ecosystem. They want to create their own unique yield strategy like Micro Studies. They may want to generate income not only from staking but also through different methods like yield farming, market making. If this is implemented, not only Galaxy but the entire Solana ecosystem will have a yield-based treasury network. Much like Ethereum's DeFi ecosystem.

Now the question is whether such aggressive yields can be sustainable in the long term or whether they will only bring good returns in bull markets but will have a higher risk in bear markets.

Finally, if they really think about it, how much does their strategy work?

[Free Market Capitalist]

Galaxy is looking to become the Strategy of the Solana ecosystem: a bit more aggressive than Strategy, actively pursuing yield through yield farming strategies like staking, or opportunistic market making (whatever that means).
Strategy bootstrapped an entire ecosystem of yield-enhancing Digital Asset Treasury companies.

This is very interesting. Galaxy does not want to be just a general investor in the Solana ecosystem. They want to create their own unique yield strategy like Micro Studies. They may want to generate income not only from staking but also through different methods like yield farming, market making. If this is implemented, not only Galaxy but the entire Solana ecosystem will have a yield-based treasury network. Much like Ethereum's DeFi ecosystem.

Now the question is whether such aggressive yields can be sustainable in the long term or whether they will only bring good returns in bull markets but will have a higher risk in bear markets.

Finally, if they really think about it, how much does their strategy work?

I don't know much about shitcoins, nor do I care to know; I'm not interested. I don't know how this company will do it.

In the case of Strategy, I'll explain how it generates the “aggressive” yield of its products. If we refer to yield as such, which would be the overall return, at least to date, MSTR has achieved twice the yield of bitcoin (understood as CAGR) due to its ability to borrow at 0% or almost 0% to buy bitcoin. That's mainly it, then there's been the ability to attract more capital from various markets with the other products it has been releasing.

If we take the latest product, STRC, the yield, in this case understood as a dividend, which it will pay in cash each month, comes from the arbitrage between the profitability of bitcoin and the stability of the product's price. STRC will maintain a price of around $100. If we take a very conservative estimate that bitcoin will grow by 25% annually over the next 10 years, they can pay a 9% dividend and the other 16% is return on common stock. We would have to see what happens in bear markets, for example, but they have that covered.

[Ambatman]

Galaxy is looking to become the Strategy of the Solana ecosystem: a bit more aggressive than Strategy, actively pursuing yield through yield farming strategies like staking, or opportunistic market making (whatever that means).
Strategy bootstrapped an entire ecosystem of yield-enhancing Digital Asset Treasury companies.

The next we would hear about is dogecoin. Many are blinded by strategy success
Forgetting that Bitcoin ain't like the others. People are going to start calling crypto scam once these shitcoins gamblers fail.

Finally, if they really think about it, how much does their strategy work?

Strategy? No matter how beautiful their strategy may seem
It wouldn't change the fact that the floor they are standing isn't strong enough.

[Out of mind]

Strategy issued $5.6 billion via IPOs in YTD 2025, representing 12% of all U.S. IPOs.
The total IPO in the US by 2025 is around $47.6 billion, 5.6B + 42.0B. Of this, the Strategy sector accounted for 12%, which is really interesting and we can expect its percentage to increase further in the future.



https://x.com/Strategy/status/1961083310626541857?t=DA0LCzCLEodRDKV0dfbEQg&s=19

[laspol65]

Strategy tracking day 376
$MSTR now ranked 109th largest US company by market cap ($96.4B)

Fell 1 company today. Who the hell is Cadence design systems?… just another 94 PE equity, with an 18.8 P/book ratio
Day 42 in a row of qualifying for S&P 500
18th largest publicly traded equity by volume
MSTR Market Rank



See past posts: https://bitcointalk.org/index.php?topic=5268108.msg65672736#msg65672736

Look, Tracking Microstrategy Company's rank was #91 on day 362, but it has come to number 109 today. There is no reason to be afraid, if the price of Bitcoin goes up, it is able to go further than in the past. Because they are constantly accumulating Bitcoin holdings by holding Bitcoin on a weekly basis. That is why I think it will be in number #85 if the price of Bitcoin enters above $124k.

[Nothingtodo]

Michael Saylor's Strategy has outperformed Apple, Amazon, Google, Microsoft and NVIDIA over the past year because of adopting Bitcoin .



Bitcoin Magazine

[fillippone]

Michael Saylor's Strategy has outperformed Apple, Amazon, Google, Microsoft and NVIDIA over the past year because of adopting Bitcoin .

I really hope this is going to be true also for the next 12 months.
mNAV at 1.5 is quite low, but still a lot of space to go down, in case the premium on DAT starts to deflate again. DATs on shitcoins run at a very low level. Hopefully, Strategy is a different story, as they have a story of delivering BTC yield.

[HelliumZ]

556 Billion Dollars California Public Employees Retirement Fund (CalPERS) Has Bought 53,413 Strategy₿ $MSTR Stocks For 17.9 Million Dollars At An Average Price Of $334.92 Per Share In Q2 2025.

Their Total Holdings 410,596 Shares Worth Over 139.2 Million Dollars.


Twitter
Strategy is selling its shares to meet all of the SP500's requirements and is increasing its strategic reserve of Bitcoin from the funds it sells shares.

[Nothingtodo]

556 Billion Dollars California Public Employees Retirement Fund (CalPERS) Has Bought 53,413 Strategy₿ $MSTR Stocks For 17.9 Million Dollars At An Average Price Of $334.92 Per Share In Q2 2025.

Their Total Holdings 410,596 Shares Worth Over 139.2 Million Dollars.
Strategy is selling its shares to meet all of the SP500's requirements and is increasing its strategic reserve of Bitcoin from the funds it sells shares.

Strategy investors may find out as soon as next Friday (9/5) if the company will be included in the S&P 500 this September.
If included, estimates exceed $20-30 billion dollars in passive flows from portfolio rebalancing over the trailing 6 months.
The S&P 500 will include Strategy next Friday, meaning those who bought Strategy (MSTR) shares right now will definitely be in profit.

Sourec

[ruykeri]

Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months.

https://x.com/BitcoinNews21M/status/1962062003876323347?t=yy8wym7xlaZh2WxujAGZaQ&s=19

[Popkon6]

Strategy’s Preferred Shares Form a Bullish Circle Around Bitcoin
Billions raised through STRK, STRF, STRD and STRC cement Strategy’s role as the top corporate Bitcoin proxy in 2025.

Source link: https://www.coindesk.com/markets/2025/08/29/strategy-s-preferred-shares-form-a-bullish-circle-around-bitcoin

Microstrategy shares create a bullish circle around Bitcoin, depending on these shares, Michael Saylor has been able to hold 632457 Bitcoins for a long time. Because the company's money is collected through the shares they have released in the market, MSTR, STRD, STRC, STRK, STRF and earn crores of taka, which makes Microstrategy the largest holder in the world today.
At the moment of this Bitcoin market dumping, Microstrategy has bought and held Bitcoin, which has led to a very high market. As a result, MSTR has played a major role in the price of Bitcoin rising.

[ruykeri]

556 Billion Dollars California Public Employees Retirement Fund (CalPERS) Has Bought 53,413 Strategy₿ $MSTR Stocks For 17.9 Million Dollars At An Average Price Of $334.92 Per Share In Q2 2025.

Their Total Holdings 410,596 Shares Worth Over 139.2 Million Dollars.
Strategy is selling its shares to meet all of the SP500's requirements and is increasing its strategic reserve of Bitcoin from the funds it sells shares.

Strategy investors may find out as soon as next Friday (9/5) if the company will be included in the S&P 500 this September.
If included, estimates exceed $20-30 billion dollars in passive flows from portfolio rebalancing over the trailing 6 months.
The S&P 500 will include Strategy next Friday, meaning those who bought Strategy (MSTR) shares right now will definitely be in profit.

Sourec

The S&P 500 is a list of the 500 largest companies in America. The most important companies are listed here. Mitchell Saylor's company MicroStrategy has a high probability of entering this list in the next few days. MicroStrategy basically holds a lot of Bitcoin. They hold about 629,376 Bitcoins. Their average purchase price is $66,384.56 and they have invested a total of 33.139 billion. The current price of the Bitcoin they hold is about $68.26 billion. This means that this company has made a lot of profit that qualifies it to be on the S&P 500 list. If MerciroStrategy is on this top list, all the funds that follow the S&P 500 will buy shares of this company. And since this company holds a lot of Bitcoin, it will also have a positive impact on Bitcoin. As a result, the price of Bitcoin may increase further.

[Just Common]

https://x.com/pete_rizzo_/status/1962128639480229891?t=3NTFoJk_g_CfyqM3ftYnYA&s=19

[fillippone]

AS reported, Saylor posted his usual Sunday update.





The point is the following: mNav is falling, and although MSTR stock is outperforming the Mag7, this is not guaranteed for the future:



mNAV went down from 2.32 to 1.5, only to slightly bounce back to 1.6, hence the relatively poor performance of Strategy compared to bitcoin.
And all the other DATs (on Solana and Ethereum at first) won'ìt be helping Strategy to sustain an elevated mNAV.

[Lucius]

Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months.

https://x.com/BitcoinNews21M/status/1962062003876323347?t=yy8wym7xlaZh2WxujAGZaQ&s=19

So in the next 4 years we're at $1 million per BTC? I wish I were that optimistic, but people are less and less likely to stand firmly on the ground and fail to take into account that, first of all, 4 years is too little time for this to happen, and also that in a little over 3 years, the crypto president will go down in history, and I sincerely doubt that he will be succeeded by someone similar.

The amount of money and demand to make his scenario come true is enormous, but everyone has the right to dream their dreams, but also dreams and wishes are one thing, and reality is something entirely different.

[Ambatman]

So in the next 4 years we're at $1 million per BTC? I wish I were that optimistic, but people are less and less likely to stand firmly on the ground and fail to take into account that, first of all, 4 years is too little time for this to happen, and also that in a little over 3 years, the crypto president will go down in history, and I sincerely doubt that he will be succeeded by someone similar.

His tenure performance will play a role on how the successor would pan out
If betting on Bitcoin being a strategic reserve plays out well and is implemented
Then there's likelihood the successor Would take same mantle.
Hence why I say this few years are important in building how Bitcoin would be.

This just shows that Bitcoin success is now being closely attributed to the government.

[Bluebird1357]

Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months.

https://x.com/BitcoinNews21M/status/1962062003876323347?t=yy8wym7xlaZh2WxujAGZaQ&s=19

This is Saylor's exaggeration thoughts not in reality but From my perspective, it will take two more halving cycles

[ultrloa]

Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months.

https://x.com/BitcoinNews21M/status/1962062003876323347?t=yy8wym7xlaZh2WxujAGZaQ&s=19

So in the next 4 years we're at $1 million per BTC? I wish I were that optimistic, but people are less and less likely to stand firmly on the ground and fail to take into account that, first of all, 4 years is too little time for this to happen, and also that in a little over 3 years, the crypto president will go down in history, and I sincerely doubt that he will be succeeded by someone similar.

The amount of money and demand to make his scenario come true is enormous, but everyone has the right to dream their dreams, but also dreams and wishes are one thing, and reality is something entirely different.

But its good that he shared his positive thoughts although there are some people think its impossible to happen.

No one think Bitcoin would reach this far and for many times it has been declared dead, but it continue to break new high until it reach to six digits in figures. So since he said that let see if his prediction would came or not.

Also there's good chance that JD Vance will be Trump successor since he's early favorite to assume the office after Trumps administration ends https://thehill.com/homenews/campaign/5477141-republican-candidates-2028-election/ So if it happens that JD Vance will win there's huge chance that Bitcoin will still be in good situation.

[Lucius]

His tenure performance will play a role on how the successor would pan out
If betting on Bitcoin being a strategic reserve plays out well and is implemented
Then there's likelihood the successor Would take same mantle.
Hence why I say this few years are important in building how Bitcoin would be.
This just shows that Bitcoin success is now being closely attributed to the government.

Isn't it already implemented in a way that these strategic reserves will be filled with Bitcoin (and altcoins) that will be the result of seizures? I don't see any positive effect on the price, quite the opposite, given that the authorities can at any time say that what was yours is now theirs under any pretext.

~snip~
Also there's good chance that JD Vance will be Trump successor since he's early favorite to assume the office after Trumps administration ends https://thehill.com/homenews/campaign/5477141-republican-candidates-2028-election/ So if it happens that JD Vance will win there's huge chance that Bitcoin will still be in good situation.

That man gives me the creeps, because there is something extremely evil about him and I think he would just be an even more extreme version of the person who is president today. However, if he continues current policy, he will be supported by all those who think that he is good for business, regardless of all the other negativity that can (and very likely will) result from his possible victory in the next elections.

However, I think we are quite lost if we rely on the fact that the fate of BTC depends on policies and politicians from whom nothing good has ever come.