Michael Saylor hinted at buying Bitcoin for the 11th consecutive week, and Strategy's Bitcoin holdings made a profit of more than $21.8 billion

Odaily Planet Daily News Strategy co-founder Michael Saylor once again hinted on the social platform X that he would continue to buy Bitcoin, and has sent similar signals for the 11th consecutive week since April 14. The company recently purchased 245 BTC for $26 million on June 23, with a cumulative holding of 592,345, with a current total value of over $63.6 billion, a floating profit of over 52%, and unrealized gains of $21.8 billion. Strategy has become the world's largest corporate Bitcoin holder, with a holding size exceeding the total of the top 20 other listed companies. Although analysts disagree on whether its continued purchases will trigger a Bitcoin supply shock, there are also voices that worry that new companies imitating its strategy may face debt repayment and funding pressure in the future bear market. The venture capital firm Breed reported that Strategy may become a long-term survivor of the crypto-financial model due to its scale, holdings and anti-cyclical capabilities, and has a 91% probability of being included in the S&P 500 index in the second quarter of 2025. (Cointelegraph)