Michael Saylor plays 4D 1 only did Saylor begin as a Bitcoin critic and change to a Bitcoin booster, but he also took a tech company and turned it into the world’s largest Bitcoin 2 the way, he invented the whole idea of crypto 3 along the way, he inspired a host of imitators, including: Countries – The United States and El Salvador have established Bitcoin 4 – Rivals like Metaplanet are playing catch-up to amass as much BTC as possible Blockchains – Look around now, and you’ll find Ethereum treasuries , Solana treasuries , and even Dogecoin treasuries As of 2025, the company holds approximately 640,031 $BTC, acquired at an average cost in the tens of thousands per coin – far below the current price of $120K.
How did Saylor’s Strategy get here? And what does it all mean for retail investors – and for Bitcoin Layer 2 projects like Bitcoin Hyper ($HYPER) ? Time to dive 5 Strategy Keeps Accumulating Bitcoin Why Strategy is accumulating $BTC is obvious, with Bitcoin’s price so 6 real question is – how is Strategy able to keep buying Bitcoin even as the token price increases? Well, several reasons!
Multi-Pronged Financing Strategy doesn’t rely on operating cash to fund its Bitcoin 7 legacy software business (when it was known as MicroStrategy) yields minimal free cash. Instead, the company uses a toolkit of capital-market instruments: Convertible senior notes : often zero- or low-coupon debt that investors can later convert into equity Preferred stock issuances (‘Stretch’ offerings), marketed explicitly to raise capital for $BTC purchases Equity issuance via at-the-market (ATM) offerings, which leverages investor demand and Strategy’s stock premium over NAV By funneling proceeds from these sources directly into Bitcoin purchases, Strategy manages to keep buying $BTC dip or 8 the value of the above – especially stock and equity issuances – relies heavily on the underlying value Strategy’s $BTC holdings, Saylor has essentially created a capital-raising flywheel built around Bitcoin 9 Philosophy: As Much $BTC as Possible Saylor’s approach treats Bitcoin not as a speculative hold but as a core reserve 10 other words, he likely wouldn’t consider it a ‘bet’ in the gambling sense.
Instead, Saylor embraces Bitcoin’s inherent volatility; any dips become buying opportunities, and he holds the long view through 11 argues that Bitcoin’s fixed 21M supply, resistance to debasement, and network effects make it a superior treasury asset compared to cash or even 12 goes a step further, predicting a truly breathtaking upside scenario: if institutional investors allocate even 10% of their capital toward Bitcoin, the resulting demand could push the price toward $1M per $BTC. The assumption is based on a number of factors, including an even tighter supply than the 21M $BTC, since a significant number – potentially 3.7M $BTC – is considered permanently 13 in Saylor’s favor: the more Bitcoin treasuries there are, the more Bitcoin is being held (and not traded), and the tighter the liquid supply gets – further driving up Bitcoin’s price.
Currently, the top 100 Bitcoin treasuries hold over 1M Bitcoin between them – nearly 5% of all Bitcoin that will ever 14 and Criticisms: Yes, There Are Some Saylor’s plan isn’t without 15 are a few of the more pressing ones: Shareholder pressure : The company’s reliance on equity issuance means dilution is a constant 16 entire plan relies on Strategy’s stock trading at a premium over the Bitcoin NAV per 17 that premium collapses, any new equity issuance becomes costly to shareholders; each new share would claim a smaller slice of the Bitcoin 18 and impairments : Because of standard accounting rules, Strategy must book impairment losses when Bitcoin’s market price drops below the cost 19 applies even if the decline is temporary and later 20 and funding : With limited operational cash flow, Strategy depends on fresh capital 21 investor sentiment sours or credit conditions tighten, raising new funds could become 22 and external risks : The success of Saylor’s thesis hinges on continued institutional adoption of 23 that demand falters, the upside may not 24 extreme scenarios, the company might be forced to sell Bitcoin, potentially derailing the entire 25 what if there’s a way to add another layer to Bitcoin’s utility and deepen both retail and institutional interest?
Bitcoin Hyper ($HYPER) could strengthen Bitcoin’s economy even further with a powerful, scalable Layer 26 along the way, the $HYPER token could just be the next crypto to 27 Hyper ($HYPER) – Faster, Cheaper Transactions and DeFi-Ready Bitcoin Bitcoin Hyper ($HYPER) targets Bitcoin’s weaknesses 28 overcome Bitcoin’s low average TPS, Bitcoin Hyper uses a Canonical Bridge to wrap $BTC and deploy it on the Layer 2. There, powered by the Solana Virtual Machine, the wrapped $BTC can be transacted at Solana’s native TPS – potentially thousands of transactions per 29 result is a hybrid solution combining the flexibility and scalability of the SVM and wrapped $BTC with the reliability of Bitcoin’s native Layer 30 transactions settle, in the end, on Bitcoin’s original layer for all that hardcore 31 potential for a fully scalable solution that doesn’t compromise Bitcoin’s reliability is already drawing strong interest.
Yesterday,, the $HYPER presale has rocketed past $20M, powered recently by a wave of whale buys in the past 24 hours: $196.6K $145K $56.9K $29.8K $11.8K $10.4K That’s over $450K in the past day; previous whale buys have poured close to $1M into the project this 32 momentum is growing as investors learn exactly what Bitcoin Hyper is ; increasingly, they like what they 33 why our own Bitcoin Hyper price prediction shows the token price could skyrocket from $0.013035 to $0.32 for gains of 2,355% by the end of the year. Don’t overlook the potential of Bitcoin Hyper – check out the presale page 34 Saylor’s pivot of Strategy into a Bitcoin-first entity is among the most aggressive and public corporate crypto 35 has so far paid off handsomely; Strategy’s Bitcoin holdings have appreciated 61% over the course of his purchases for over $29B in unrealized gains.
Ultimately, Strategy’s fate will likely rest on how well the pieces of this high-stakes puzzle continue to align. That’s precisely where Bitcoin Hyper ($HYPER) comes in, with the ability to provide more Bitcoin utility and further support Saylor’s strategic 36 by Bogdan Patru for Bitcoinist – 0
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