Why Michael Saylor Still Says Buy Bitcoin and Hold?

Michael Saylor backs continued Bitcoin buying during recent price declines. The move reflects a clear stance on long-term value rather than short-term price action. The company’s approach demonstrates discipline amid volatility and highlights a strategy built on accumulation rather than market timing.

Michael Saylor Reaffirms Bitcoin Buy-and-Hold Strategy

Michael Saylor reaffirmed his commitment to keep buying BTC in a recent X post. He summarized his view according to what he termed the “Rules of Bitcoin.” The message was direct. “Buy Bitcoin, and Don’t Sell the Bitcoin.” The emphasis is still on holding Bitcoin through full market cycles.

This again highlights the conviction that the Strategy co-founder has in the flagship crypto despite its recent decline. Notably, he stated in an interview at Yahoo Finance’s Invest event that Bitcoin will be a larger asset class than gold by 2035. This is a fact, and there is no doubt about it, he added. His perspective is one of scarcity, adoption, and long-term demand.

Saylor also explained the execution speed of Strategy’s Bitcoin model. He explained that the firm could invest about $100 million in Bitcoin in an hour after raising capital. This enables them to act quickly without delay.

Worries about liquidation were also confronted head-on. Saylor said that even in the event of a severe BTC crash, Strategy would not be at risk of liquidation. He said deep drops create buying opportunities. Risk on the downside itself poses no threat to the firm, he added.

Strategy Continues Bitcoin Accumulation

Recent activity supports that claim. Strategy concluded its sixth week of purchasing Bitcoin in a row during the most recent market selloff. The buying persisted even as Bitcoin traded below the firm’s average price. The company did not pause the accumulation.

Despite an unrealized $900 million loss from the recent Bitcoin crash, Saylor has even suggested he plans to buy more. He said, over the weekend, “More Oranges” on X. He used this phrase previously when he signalled more Bitcoin purchases.

As CoinGape reported, between January 26 and February 1, Strategy bought 855 BTC for $75.3 million. The average price was $87,974 a Bitcoin. The company now owns 713,502 BTC. Total acquisition cost: $54.26 billion, or an average of $76,052 per Bitcoin

Saylor has said that you can tie Bitcoin’s future growth to regulatory changes coming in the United States. He pointed to the appointment of a pro-crypto SEC chair, Paul Atkins. He also cited an incoming CFTC head perceived as friendly to digital assets. These changes reflect a better policy environment, Saylor said.

However, in an X post, analyst Ted expressed concern over the extent of leverage. He added that about $50 billion has been invested in Bitcoin over the past five years. A lot of that capital was funded through debt. He said the position had been underwater in recent months.

Ted contended that inflation-adjusted losses could be closer to $10 billion. Heavy borrowing, he warned, would increase the risk of centralization. He also argued that this goes against the core principles of Bitcoin. Ted emphasized that the themes of leverage and personality have not ended well in previous cycles with narratives.