Strategy’s co-founder and executive chairman, Michael Saylor, has suggested that his company could buy more Bitcoin soon enough. This comes just days after the company announced its largest Bitcoin purchase since July 2025.
Michael Saylor Hints At Another Bitcoin Purchase
In an X post, the Strategy co-founder said that he was thinking about buying more Bitcoin. This is significant as the company is currently on a four-week BTC buying streak, suggesting that another purchase this week is highly probable.
Michael Saylor’s statement comes just days after Strategy announced a $2.13 billion Bitcoin acquisition. The company acquired 22,305 BTC at an average price of $95,284 per Bitcoin. Thanks to that purchase, Strategy now holds 709,715 BTC, becoming the first company to surpass the 700,000 BTC milestone.
It is worth noting that the company has already bought 37,218 BTC this month, while it currently holds 1.1x more BTC than all governments in the world combined, according to BitcoinTreasuries.
Thanks to Michael Saylor and Strategy’s hot streak, crypto traders are currently increasing their bets on how much Bitcoin they could hold in the near future. Polymarket data shows a 63% chance that the company will announce holding 740,000 plus BTC by February 28.
Furthermore, there is currently an 83% chance that Strategy will announce holding 800,000 plus BTC by year-end, according to Polymarket data. The increased interest in the company’s preferred securities is a major boost to its Bitcoin accumulation plans.
Major Boost In The Bitcoin Acquisition Plans
Michael Saylor’s company announced that its perpetual preferred equity is now larger than its convertible debt. Commenting on this development, market expert Rohan Hirani noted that they are mitigating bankruptcy risk in real time. “By flipping the stack to Perpetual Preferreds, they are matching an infinite asset (BTC) with infinite capital. They are effectively buying the right to be “early” forever,” he said.
This is a big deal.
You know that scene in The Big Short where Burry says, “I may be early, but I’m not wrong,” and the bank replies: “It’s the same thing, Mike.”?
Why is it the same thing? Duration mismatch.
If your debt matures before your thesis plays out, you lose.… https://t.co/mugh2C7LSg
— Rohan Hirani (@rohanhirani) January 21, 2026
The STRC preferred equity, which pays a 11% dividend, has seen its trading volume rise over the last 30 days, with the price back at almost $100 par value and with a market cap of $3.36 billion. Insiders are also investing in the preferred equity, with BitcoinTreasuries revealing that Strategy board member Jane Dietze bought 1,000 additional Stretch perpetual preferred shares.
The renewed interest in STRC is enabling Michael Saylor and his company to tap into the at-the-market (ATM) program, as they raised net proceeds of $294 million from STRC stock sales last week, which they used to fund some of their latest BTC purchase.
Strategy also continues to use the MSTR stock to fund Bitcoin purchases. This comes despite the mNAV being just above 1%. However, a positive is that experts such as Freedom have suggested that the stock may already be bottoming after its year-end decline in 2025. The stock is up 5% year-to-date (YTD) and has reached $179 this year.