What Just Happened
-
Strategy (formerly MicroStrategy), led by Michael Saylor, crossed 600,000 BTC held in its treasury after a recent 4,225 BTC purchase totaling around $472.5 million at an average price of $111,827 between July 7–13.
-
Saylor hinted at another imminent BTC acquisition via an X post sharing their BTC tracker—a move consistent with prior pre-buy signals.
Why It Matters
-
Institutional Momentum Intensifies
Strategy now holds over 2% of total Bitcoin supply, reinforcing confidence in BTC as a corporate treasury asset. -
Market Sentiment Bolstered
Historically, Saylor’s tracker posts—captioned “Stay Humble. Stack Sats” or “Send more Orange”—have preceded BTC price rallies. -
Demand-Supply Dynamics Improving
Large-scale accumulation by Strategy contributes to tighter on-chain supply—less BTC for sale creates a structural tailwind for price.
Price Outlook & Trade Strategy
Setup | Entry Zone | Stop‑Loss | Target Zones |
---|---|---|---|
Post-purchase dip | $115K–$118K | $112K | $123K → $130K |
Breakout continuation | Above $123K | $120K | $130K+ |
-
A dip-buy near $115–$118K aligns with historical post-purchase repricing.
-
Back-to-back acquisitions often trigger breakouts—volume above $123K could confirm next rally phase.
-
Use tight stops to manage volatility during accumulation phases.
Affiliate Tools to Participate
-
Trade Bitcoin effectively using Binance—ideal for responsive entries.
-
Secure BTC cold with Ledger Nano X to protect holdings during price swings.
Real Internal Link Suggestions
(Please confirm these URLs exist before using—they reference strategy/timing in BTC accumulation.)
Final Take
Michael Saylor’s latest tracker post and Strategy’s milestone of 600K BTC marks a pivotal point in institutional Bitcoin adoption. Expect continued accumulation—prepare for either a dip-buy near $115–$118K or a breakout above $123K if volume picks up. Positioning now could capture the next leg of the rally.
Ready to act or safeguard your BTC?
-
Start trading on Binance
-
Protect your assets with Ledger Nano X
This is not financial advice. Always do your own research and trade within your risk limits.