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crypto.news 2025-05-21 17:41:41

Buying Bitcoin at all-time high still makes sense: Saylor

Buying Bitcoin at all-time high still makes sense: Saylor

Michael Saylor, founder of Strategy, formerly MicroStrategy, has once again reiterated that now is the time to buy Bitcoin. Michael Saylor , whose company is the largest corporate holder of Bitcoin ( BTC ), made the statement as the latest Bitcoin rally sent BTC to a new all-time high above $109,500. The spike also pushed 100% of Bitcoin-holding addresses into profit. But despite the rally to a record high for the benchmark digital asset, Saylor took to X to share his bullish take on BTC. “If you’re not buying bitcoin at the all-time high, you’re leaving money on the table,” the MicroStrategy founder posed via X. His remarks echo a previous statement, also shared via the platform, as Bitcoin approached its prior all-time high. You might also like: BREAKING: Bitcoin hits new all-time high at $109,400.68 The Strategy founder’s comments align with his recent prediction that BTC may soon become too expensive for investors who hesitate at current levels. In his view, this scenario is likely amid an impending wave of institutional investment into Bitcoin. Specifically, analysts suggest that banks and other financial institutions are on the verge of a major push into Bitcoin. When this happens, the price could skyrocket, and those who miss out, even at today’s record highs, may not be able to buy in later. “When banks finally bless Bitcoin and the experts agree it’s a good idea,everyone will want to buy it,no one will need to sell it,and you won’t be able to afford it,” Saylor said in late April. The digital gold rush ends ~January 7, 2035. Get your Bitcoin before there is no Bitcoin left for you. — Michael Saylor (@saylor) May 18, 2025 Strategy’s Bitcoin treasury flip has inspired several other companies to copy the plan. Currently, Saylor’s company holds 576,726 BTC acquired for approximately $40.18 billion. This is after the company’s latest purchase of 7,390 BTC for about $764.9 million, with this completed at the average purchase price of $103,498 per bitcoin. Overall, Strategy’s Bitcoin haul as of May 18, 2025 was acquired at the average purchase price of $69,726 per BTC. You might also like: Top 4 of the best crypto to invest in June 2025

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