Pause and Pile: Saylor’s Bitcoin Odyssey, Bryson-Style

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According to the latest missives from Michael Saylor-one could fairly describe him as a man who treats corporate decisions like a bus tour through a very, very wealthy theme park-the regular flood of Bitcoin buys from Strategy is taking a polite little pause this week. No new orange dots this week, he as much as says, with the jaunty certainty of a man who owns a lot of things that go up, up, and away. He uses the moment to point to the size of the firm’s treasure, currently flirting with $79.03 billion. 🍯🪙

Strategy Pauses Its Weekly Bitcoin Spree

Strategy, the company formerly known as MicroStrategy and now sporting a more grown-up nom de plume, confirms a fresh Bitcoin purchase of $22.1 million, snapped up when the price was hovering near $113,048 per coin-if you must know the exact mood of the market on that precise day. 🤷‍♂️

Based on the numbers, that move nudges the total up to 640,031 BTC. The cost basis sits at about $47.35 billion, with an average buy price around $73,983.

At current market levels the stash is valued at roughly $80 billion (about $124,880 per coin at the time of writing) and represents around 3% of Bitcoin’s circulating supply. It’s the sort of pile that makes your local bank look like a lemonade stand. 💰

“No new orange dots this week – just a $9 billion reminder of why we HODL.”

– Michael Saylor (@saylor) October 5, 2025

Holdings Grew From A Small Start

Reports have disclosed that Strategy began its crypto program with a modest $250 million in Bitcoin. At one point the company even carried an unrealized loss of $40 million, which sounds like a bad amusement-park ride but with math.

Over time, those early positions expanded dramatically. In the past seven weeks the firm added more than 11,000 BTC to its books. The result is now plain: Strategy sits as the largest corporate Bitcoin treasury, and its holdings have grown to a size that eclipses the market capitalization of several major banks-though not, alas, the line at the coffee stand. ☕️🚀

Market Context And Strategy Signals

Observers note the company last paused purchases in July. Strategy pauses have often come around earnings reports or amid market swings, and this one was framed internally as a gentle reminder of the power of long-term holding. It’s the sort of discipline that makes you feel virtuous while checking your portfolio for the hundredth time. 📈

Reports show the firm remains committed to accumulation as a long-term approach, even if buys are not strictly weekly. Some market watchers see the pause as routine; others will watch upcoming balance sheets and earnings calls for any change in tempo. Either way, the spreadsheet gods will know. 🧮

Institutional Treasuries On The Rise

Meanwhile, VanEck’s latest report puts institutional crypto treasuries at about $150 billion in total valuation. A good chunk of that rise is tied to growing allocations in Ethereum and Solana, which have drawn fresh capital despite the recent wiggles in trading activity. 🏦💹

The report notes that on-chain revenues from blockchains fell 16% month over month, helped along by a lull in volatility, but institutions persisted in holding ETH positions.

VanEck warned that rising ETH staking by large players may reduce rewards for smaller stakers, a point that could influence how smaller holders respond to these big-money flows. 🐢➡️🐇

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2025-10-07 07:15