Oh, here we go again! Michael Saylor, the man who turned his company into a Bitcoin ATM, has once again hinted at more purchases. Because who needs a stable business when you can just keep buying crypto? š
On August 31, Saylor posted a chart from the “Saylor Tracker” (because of course there’s a tracker named after him), which basically shows how much Bitcoin he’s bought over time. Spoiler: it’s a lot. š
Saylor Hints at New Bitcoin Purchase
The image showed clusters of orange dots representing the firmās buying history, accompanied by his comment, āBitcoin is still on sale.ā Because who doesnāt want to buy something thatās āon saleā when youāre already spending billions? šļø
Bitcoin is still on Sale.
– Michael Saylor (@saylor) August 31, 2025
This type of post has historically preceded purchase announcements in the past. Like, āHey, Iām just casually mentioning Bitcoin is on saleā¦ oh, and Iām buying more. Donāt worry, itās totally safe. š¤·āļøā
Observers note that the company has filed new Bitcoin purchase disclosures every Monday for the past three weeks, suggesting the pattern could continue into September. Because nothing says āfinancial responsibilityā like Monday morning crypto buys. ššø
Just last week, Strategy revealed it had added 3,081 BTC at a cost of $356.87 million, paying an average of $115,829 per coin. Thatās like buying a house every minute for a whole month. š š°
Strategy has relied heavily on equity markets to finance its buying. So far in 2025, the firm has raised $5.6 billion in IPOs, representing about 12% of all US listings. Because nothing says ātrust usā like a $5.6 billion loan from your friends. š
Meanwhile, this aggressive fundraising has not significantly impacted the firmās stock performance. Because nothing says āconfidenceā like a stock thatās doing better than the āMagnificent Sevenā tech stocks. šÆ
According to Strategy, its MSTR shares have consistently outperformed the so-called Magnificent Seven technology stocks year-over-year. Because nothing says āmarket dominanceā like a company thatās basically a Bitcoin piggy bank. š·
Legal Case Dropped
Saylorās remark coincided with the withdrawal of a class action lawsuit that had been pending since May. Because nothing says ātriumphā like a legal case being dropped with a āwith prejudiceā clause. š
Investors had alleged that Strategy misled shareholders by overstating the benefits of adopting fair-value accounting, which allows digital asset holdings to be marked at market prices each quarter. Because who doesnāt want to āmark to marketā their crypto holdings? š
Bloomberg reported that the plaintiffs dismissed the case āwith prejudice,ā which prevents them from raising the same claims again. Because nothing says āfinalityā like a legal dismissal thatās as permanent as a TikTok trend. š«
That decision removes a significant overhang for the firm and may set a useful precedent for other companies holding Bitcoin as a balance-sheet reserve. Because nothing says āinnovationā like using Bitcoin as a corporate savings account. š°
By securing legal relief while signaling further Bitcoin accumulation, Strategy reinforced its dual approach of leveraging capital markets and doubling down on its Bitcoin-as-treasury model. Because nothing says ābusiness acumenā like a company thatās 100% Bitcoin and 0% common sense. š¤Æ
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2025-08-31 20:17