Next Crypto to 100x as Saylor Buys More Bitcoin
The post Next Crypto to 100x as Saylor Buys More Bitcoin appeared on BitcoinEthereumNews.com.
That’s not news – Saylor’s been buying Bitcoin for years now – but it comes when Bitcoin’s been dumping. Volatile, to say the least. But with Saylor remaining confident in Bitcoin’s long-term picture and the bullish outlook for the broader market, what’s the next crypto to 100x? Time for a closer look. Strong Buy Signals despite Volatility On August 18, Strategy added 430 BTC to its holdings at a cost of $51.4M, lifting its total Bitcoin assets to 629,376 BTC. These purchases come amid a remarkable performance. Strategy is sitting on over $25.8B in unrealized gains. And despite Bitcoin’s uneven recent performance, there’s no sign that Strategy plans to slow down. In a strategic teaser on X yesterday, Michael Saylor hinted at further buying: And today, Strategy made the move: it bought $3,081 $BTC worth $357M, with the company’s total holdings reaching 632,457 $BTC. That leads to an interesting question, however. How much impact does Strategy’s Bitcoin strategy have on Bitcoin’s price? Does Strategy Move the Needle in $BTC’s Pricing? Despite the size of its acquisitions, Strategy emphasizes its minimal impact on market prices. Corporate treasurer Shirish Jajodia explained that purchases are made through over-the-counter (OTC) arrangements in volumes large enough to be meaningful, yet not disruptive compared to Bitcoin’s enormous daily trading volume ($87B in the past 24 hours). The upshot is that Strategy’s moves are far more important on the strategic side than the actual market price. It also explains why, despite Strategy’s steady drumbeat of $BTC purchases, Bitcoin continues to trade in a fairly tight range, weighed down in part by continued ETF outflows. For the past week, Bitcoin spot ETFs have been bleeding funds. Saylor’s bullish signals, however, could recapture speculative momentum, and maybe spur a more sustained upward movement. Even as Strategy’s stock faced pressure…
Filed under: News - @ August 25, 2025 4:29 pm