MicroStrategy is poised to make its 11th consecutive weekly Bitcoin purchase, maintaining a streak that began in April. Yet as its BTC treasury balloons, so do questions about sustainability.
“In 21 years, you’ll wish you’d bought more,” Michael Saylor posted to his 4.4 million X followers—a platform where he’s gained 1 million new followers in a year.
The company last bought 245 BTC ($26 million) on June 23, bringing its total to 592,345 BTC—worth $63.6 billion. While MicroStrategy dominates corporate holdings, some worry its debt-backed strategy, now copied by others, could backfire in a bear market.
“The bigger they grow, the harder they fall,” cautioned one analyst. “If Bitcoin stagnates, highly leveraged corporate treasuries could become a liability.”
