Michael Saylor Teases More Bitcoin Buys Amid Criticism and Bullish Momentum

Michael Saylor, co-founder of MicroStrategy, is once again hinting at a potential Bitcoin purchase following the company's recent $427.1 million buy. While such acquisitions often fail to trigger immediate price volatility—due to being priced in—they remain significant for Bitcoin’s long-term outlook.

Saylor’s unwavering bullish stance on Bitcoin has helped propel MicroStrategy stock nearly 2,930% since its initial bet in 2020. Despite Bitcoin underperforming gold in early 2025, JPMorgan analysts recently identified MicroStrategy’s aggressive accumulation as a key bullish driver that could shift momentum in Bitcoin’s favor during the second half of the year.

The billionaire executive has also stirred controversy by rejecting the idea of publishing on-chain proof-of-reserves, citing security concerns. This decision was met with skepticism from the crypto community, with critics arguing that several major firms manage to provide transparency without jeopardizing their security. The backlash sparked conspiracy theories alleging that MicroStrategy might be holding “paper Bitcoin,” though blockchain analytics firm Arkham Intelligence has since traced and confirmed the company's holdings on-chain.

Saylor continues to champion Bitcoin as the ultimate store of value, recently warning that acquiring BTC will become "exponentially harder" as time goes on. His statements align with broader market sentiment anticipating increased institutional demand and reduced supply following the 2024 halving.

While the timing and scale of MicroStrategy’s next move remain uncertain, the company’s consistent accumulation strategy and Saylor’s vocal advocacy keep it at the forefront of Bitcoin's institutional adoption narrative. Investors and analysts alike are watching closely for the next big announcement.