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Michael Saylor, co-founder of MicroStrategy, posted a cryptic message on social networks suggesting an imminent bitcoin investment, one week after already acquiring 555 million dollars worth of BTC. This announcement comes at a time when major investors are intensifying their purchases despite a price close to 94,000 dollars.
In Brief
- Michael Saylor suggests a new massive bitcoin purchase by Strategy.
- Large investors are massively accumulating: 3 billion dollars have flowed into ETFs in one week.
- More than 35,000 bitcoins have recently left major exchanges.
- Wallets holding more than one million dollars in bitcoin increased by nearly 11% in April.
MicroStrategy continues its aggressive accumulation strategy
Michael Saylor, co-founder of MicroStrategy, hinted at a new massive investment in Bitcoin on April 27th.
In a cryptic message posted on social media, the entrepreneur simply wrote: “Stay humble. Accumulate Sats“, immediately triggering a wave of speculation among investors.
This hint comes barely a week after his company had already acquired 555 million dollars worth of bitcoin at an average price of 84,785 dollars per unit.
Market analysts are expecting an imminent official announcement. Blockchain expert RunnerXBT estimates that the next investment could reach between 1.4 and 1.6 billion dollars, almost three times the previous transaction.
If these forecasts materialize, MicroStrategy would significantly strengthen its dominant market position.
Already holding the largest institutional wallet with over 538,200 bitcoins valued at more than 50.5 billion dollars, MicroStrategy continues to inspire other companies.
Japanese company Metaplanet notably followed this example by recently exceeding 5,000 bitcoins in its reserves, with the stated ambition to lead crypto adoption in Asia.
Whales and ETFs support Bitcoin’s rise
The accumulation phenomenon is not limited to MicroStrategy. Glassnode data shows that wallets containing at least 1 million dollars worth of bitcoin rose from 124,000 on April 7th to more than 137,600 on April 26th, reflecting aggressive accumulation below the symbolic 100,000 dollar mark.
Wallets holding more than 10,000 BTC have experienced aggressive accumulation, with a trend score of 0.90, while smaller investors are also turning to long-term holding.
Iliya Kalchev, analyst at Nexo
Meanwhile, US spot Bitcoin ETFs recorded more than 3 billion dollars in net inflows cumulatively over the past week, marking their second-best performance since launch. These massive flows contributed to nearly a 12% rebound in bitcoin over the week.
This dynamic is accompanied by a particular phenomenon: more than 35,000 BTC have left the main platforms Binance and Coinbase in recent days, suggesting that investors now prefer to store their assets in private wallets for long-term custody.
In summary, with a bitcoin price firmly holding above 94,000 dollars and large institutional movements, the market seems ready for a new phase of expansion, potentially towards yet unexplored highs.
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Passionné par le Bitcoin, j’aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l’outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
