Michael Saylor firmly increases his holdings in Bitcoin: Strategy continues to bet, unafraid of short positions questioning.

Strategy Executive Chairman Michael Saylor, despite facing market skepticism, remains committed to aggressively acquiring Bitcoin. In a recent interview, he hinted at continuing to increase holdings and accused short sellers of amplifying negative sentiment through Bots attacks. Although Strategy (MSTR) shares have fallen, the company has increased its Bitcoin holdings to 638,985 coins, with a total cost of approximately 4.72 billion dollars, and continues to position Bitcoin as its core business model.

Saylor hints at continuing to increase holdings, undeterred by MSTR stock price fall

In a regular Sunday post on the X platform, Michael Saylor hinted that his company Strategy (formerly MicroStrategy) would continue to buy Bitcoin. Despite facing online criticism and market volatility, Saylor shared his belief in Bitcoin as a long-term investment during an interview with podcast host Natalie Brunell, stating that its value is immense.

Recently, the stock price of Strategy (MSTR) fell to a five-month low of 323 USD, down 16%. Meanwhile, Bitcoin has only decreased by 8% from its peak. Despite these market fluctuations, Saylor emphasized that the company's Bitcoin strategy is the best way forward. He stated that the continuous acquisition of Bitcoin is at the core of Strategy's business model and expressed confidence in the long-term value of the asset. His remarks indicate that Strategy's ambition to accumulate more BTC during the market correction remains unwavering.

Strategy Continuous acquisition, total holdings have now reached 638,985 BTC

Under the leadership of Saylor, Strategy has become a major player in corporate Bitcoin holdings. The company has spent $47.2 billion purchasing Bitcoin, with an average cost of approximately $73,913 per coin. The company typically buys the asset in large volumes during price falls. According to its latest filing, Strategy recently purchased 1,955 BTC for $217.4 million (average price of $114,562 per coin) and acquired 525 BTC for $60.2 million (average price of $111,196 per coin). As of now, Strategy holds a total of 638,985 BTC, with a market value of approximately $73.95 billion.

Despite Bitcoin's price briefly surpassing $113,000 and then falling below $108,000, Saylor remains resolute. He will continue to implement the company's strategy to acquire Bitcoin at favorable prices. Currently, Strategy's holdings have become one of the largest corporate Bitcoin holdings in the world.

Seiler accuses shorters of using Bots to amplify negative sentiment

Despite the company's impressive BTC holdings and performance, Saylor is facing scrutiny from Wall Street critics. The fall in Strategy's stock price has raised questions about its financial model and investment approach supported by Bitcoin.

However, Saylor attributes much of the negative sentiment online to what he believes is a coordinated attack by shorting parties. He accuses shorters of hiring digital marketing firms to use Bots to spread negative and skeptical information about the company. Saylor further claims that these Bots artificially exaggerate the criticism online, creating a false appearance of widespread opposition. He emphasizes that these attacks appear "very transparent," and the critics have clear financial motives to drive down the company's stock price.

His accusations have also drawn skepticism from some critics, such as veteran shorting expert Jim Chanos, who refuted these claims. As a public critic of the Strategy financial model, Chanos insists that the reasons behind shorting are public and well-known.

Despite facing challenges and accusations, Saylor remains firmly convinced that the strategy centered around Bitcoin is the right direction. He continues to view BTC as a valuable asset and reiterates that the company will not stop its aggressive acquisitions.

Conclusion

The divergence between Michael Saylor and short-seller Jim Chanos clearly reflects two drastically different investment philosophies. Despite the fluctuations in the price of Bitcoin and the stock price of Strategy, Saylor's belief remains unshaken. He chooses to closely tie the future of the company to the fate of Bitcoin, unafraid of criticism and market uncertainties. This steadfast position has made his company one of the most unique enterprises in the digital asset space.