Strategy’s Michael Saylor Teases Fresh Bitcoin Buy After Friday’s Market Dip

Crypto News
Last updated October 13, 2025
Crypto News
Saylor Strategy Bitcoin

Michael Saylor, the co-founder of Strategy, sparked talks of another Bitcoin buy after Friday’s market crash by posting a chart showing the company’s  $71.7 billion Bitcoin holdings with the caption,” Don’t stop believin.

MicroStrategy already owns 640,031 BTC, purchased at an average price of $73,983, and is known for steadily adding Bitcoin to its holdings as a long-term reserve rather than a short-term investment.

The total value of the company’s Bitcoin holdings has risen by over 51% since the first purchase, resulting in more than $24 billion in profits. Each orange dot on the chart indicates when Bitcoin was purchased, demonstrating that Saylor’s company continues to buy BTC during both market highs and lows.

Michael Saylor’s Bitcoin Boost Coincides with BTC Dominance

Saylor’s post came as Bitcoin’s price stayed above $110,000 after a major market sell-off that caused heavy losses across all altcoins.

At the same time, Bitcoin dominance, a metric used to measure the relative market share of Bitcoin in the overall cryptocurrency sector, has grown, surpassing the 60.6% level for the first time in months, according to TradingView data.

The surge indicates that money is flowing from altcoins into Bitcoin as traders look for safety options amid market volatility.

Analyst CryptoPulse notes that if the dominance reaches around 62%, it could confirm a Bitcoin-led recovery.

Tether CEO Backs Bitcoin and Gold as Safe Assets

Meanwhile, Tether CEO Paolo Ardoino made a positive comment, saying that Bitcoin and gold will outlast any other currency, echoing Michael Saylor’s view that Bitcoin serves as digital gold during times of unstable money policies.

His statement shows that Tether plans to keep putting profits into assets seen as a long-term store of value, with the company planning to maintain investments in Bitcoin and Gold.

This highlights that Tether continues to focus on safety and diversification amid growing global financial uncertainty. 

About Author

Charles Kibue

About Author

Charles Kibue

Charles Kibue

Contributor
Charles is a crypto journalist with years of hands-on experience in the blockchain world. He has a talent for turning complex crypto news into simple, clear stories. As a contributor to Coinnews and InsideBitcoins, Charles keeps readers up to date with accurate and easy-to-understand insights on the latest trends, tech, and market moves.
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