Strategy’s Saylor Reacts to Bitcoin Price Pump With Just 3 Words

Published 22/04/2025, 14:13
Updated 22/04/2025, 20:15
© Reuters.  Strategy's Saylor Reacts to Bitcoin Price Pump With Just 3 Words

U.Today - Bitcoin’s latest move toward $89,000 did not go unnoticed — and Michael Saylor made sure of that. The Strategy chairman, known for his minimal but pointed online presence, reacted with a simple post: "Bitcoin is Climbing," with an image of him in a suit scaling a cliff, and it resonated strongly with the current market context.

BTC had just pushed past $88,700 after a quick breakout the day before. That jump came on the heels of the last two-week period, with the price going up for most of that time.

But virtually no one was expecting Bitcoin to print a big green candle on Easter Monday, but that is what happened yesterday and continued today.

For Saylor, there is more to that post than meets the eye. Strategy’s Bitcoin balance now sits at 534,741 BTC, with an average cost basis of $66,631. At current levels, that position is up more than 33%, with a market value close to $47.5 billion. It is not just a paper gain; it is a validation of strategy, pun intended.

From a market structure angle, the software producer led by Saylor remains a unique case. Its stock (MSTR) is trading at $323.95, with a market cap of $84.7 billion. That means over half the company’s valuation — 56%, to be exact - is directly tied to its Bitcoin holdings. The NAV multiple of 1.785 suggests investors are still pricing in more than just the cryptocurrency on the balance sheet.

That is the real signal behind Saylor’s three-word message. It is not just commentary on price action; it is a quiet confirmation that the bet is aging well. Whether BTC breaks $90,000 soon or not, MicroStrategy’s position has clearly turned the corner.

This content was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.