Michael Saylor isn't backing down from his Bitcoin (BTCUSD) bet, even after the crypto briefly dipped below $62,000 last week and as Strategy (MSTR) faces mounting paper losses. A video from May 2025 has gone viral again after Bitcoin lost half its value from its October peak above $126,000. In the video, Saylor makes a bold claim: “If people in the rest of the world knew what I know […] and they agreed with me, Bitcoin would go to $10 million tomorrow.”
The timing couldn't be worse for that clip to resurface. Strategy just disclosed that it purchased 855 BTC for $75.3 million, paying an average of $87,974 per coin, according to a regulatory filing. With Bitcoin now trading near $69,000, those fresh purchases are already underwater.
