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Strategy’s Michael Saylor Shrugs Off Lawsuit, Signals Next Bitcoin Acquisition

by admin June 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to reports, MicroStrategy (rebranded to Strategy) CEO Michael Saylor dropped another hint that his company is ready to add more Bitcoin to its already massive stash. He shared a simple chart on X with the phrase “Nothing Stops This Orange.”

It wasn’t some marketing slogan. It was a signal. Strategy now holds over 592,000 BTC, valued at nearly $60 billion, with Bitcoin trading just under $101,000. Short tweets from Saylor have sparked fresh buying runs before. This time could be no different.

Michael Saylor Teases New Bitcoin Buy

Michael Saylor’s cryptic post is more than a rallying cry for crypto fans. It follows a string of similar hints that led Strategy to pick up large chunks of Bitcoin at key price dips.

Nothing Stops This Orange pic.twitter.com/NwtiXWl4MT

— Michael Saylor (@saylor) June 22, 2025

Based on history, traders and investors watch his every move. He’s built a reputation for turning a single line on social media into a multi-million-dollar acquisition. If past patterns hold, we could see the company locking in more BTC by mid-year.

Lawsuit Accuses Execs Of Misleading Investors

Last Friday, a shareholder filed a derivative suit in Virginia federal court. Abhey Parmar claims that Saylor, CEO Phong Le, CFO Andrew Kang and four board members failed in their duty.

According to the complaint, they “made materially false and misleading statements” about a January accounting change. The suit says the team downplayed the impact and risk of Bitcoin’s wild price swings before the Q1 report.

Bitcoin is currently trading at $101,422. Chart: TradingView

New Accounting Rule Triggers $6 Billion Loss

Strategy adopted a Financial Accounting Standards Board rule that kicked in a month earlier. The switch let companies value crypto holdings at estimated market prices. It backfired for Strategy in April.

The company recorded a $5.9 billion unrealized loss on Bitcoin, and its shares slid nearly 10% in the days after the results. Investors were caught off guard by how big the hit turned out to be.

Source: Google Finance

Insider Sales And Stock Recovery

The lawsuit also highlights nearly $32 million in stock sales by top execs before the loss became public. Parmar argues those sales came while the share price was “artificially inflated.”

Still, Strategy shares have clawed back most of their losses. They jumped from a low of just under $237 in early April to up to nearly 28% so far this year. That rebound shows many traders are still betting on Saylor’s long-term vision.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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June 23, 2025 0 comments
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CD20, June 19 2025 (CoinDesk)
NFT Gaming

Bitcoin Shrugs Off Fed, Mideast War, but Derivatives Flash Caution

by admin June 19, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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June 19, 2025 0 comments
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NFT Gaming

Strategy Shrugs Off Lawsuit, Buys Another Half Billion in Bitcoin

by admin May 26, 2025



In brief

  • Software firm and Bitcoin treasury Strategy—formerly MicroStrategy—was hit with a lawsuit last week.
  • The company’s stock dropped.
  • But that didn’t stop it from buying more Bitcoin.

Bitcoin treasury company Strategy on Monday announced another crypto buy, bringing its total holdings to over 580,250 BTC—worth $63.7 billion at today’s prices. 

Strategy—formerly MicroStrategy—said it bought 4,020 BTC last week for an average price of $106,237 per digital coin. That’s nearly another half billion worth, as the price of Bitcoin now hovers around $110,000.

The Tysons, Virginia-based software company is the largest corporate holder of the cryptocurrency, and now focuses on buying the asset—at its highs and lows—so that investors can get exposure to Bitcoin via its Nasdaq-listed shares. 

Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/2025, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRF https://t.co/eAd03GIKam

— Michael Saylor (@saylor) May 26, 2025

Still, Strategy’s most recent buy was smaller than recent transactions: the company spent $764.9 million and $1.34 billion in other weekly purchases earlier this month. 

Strategy stock (NASDAQ: MSTR) is right now trading at $369.51—nearly 8% lower than its Friday price. 

The company was last week hit with a lawsuit from an investor who alleged its executives made false and misleading statements about the profitability of its BTC-buying masterplan. Strategy stock took a hit after news of the lawsuit dropped. 

Over the long term, however, MSTR has rocketed since it started buying the leading cryptocurrency in 2020: It was trading for under $15 a pop back then and is up more than 2,400%. 

Other companies are now following its lead—albeit smaller ones—by snapping up Bitcoin as a way to get shareholders better value for money. Healthcare company Cosmos Health (NASDAQ: COSM) and auto firm Worksport (NASDAQ: WKSP) last year both announced plans to buy crypto with spare cash, and energy storage company KULR Technology Group (NASDAQ: KURL) has been fast-acquiring BTC. 

Bitcoin was recently trading for $109,826, up more than 2% over a 24-hour period, according to CoinGecko data. 

Just in April, the digital asset dropped below $75,000 when President Trump rattled markets with his trade war rhetoric but has since recovered and touched new highs.

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May 26, 2025 0 comments
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