Feb 12, 2026
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BULLISH 📈 : Saylor’s Firm Continues Regular Bitcoin Purchases Despite Market Volatility
Michael Saylor has reaffirmed his company's commitment to regularly purchase Bitcoin, unaffected by short-term market fluctuations.
Saylor’s Quarterly Buying Plan
- The company will continue Bitcoin purchases every quarter, treating it as a long-term reserve.
- This approach aims to smooth entry points over time, regardless of current market headlines.
A Massive Position and Its Implications
- The company holds 714,644 Bitcoins, valued in the tens of billions, making it one of the largest holders.
- The position has been built over years, funded by debt instruments tied to a growth strategy through accumulation.
Bitcoin Price Action in Context
- Bitcoin's price is volatile, dropping below $70,000 this week after previous highs.
- Short-term traders are uneasy, while long-term investors remain steady despite price swings affecting crypto-exposed stocks.
Debt and Liquidity Considerations
- The company carries over $8 billion in total debt, including notes for funding Bitcoin purchases.
- Cash on hand covers regular obligations, with enough reserves to pay dividends for several years.
Bitcoin Correlation with Tech Stocks
- Bitcoin is increasingly seen as a high-beta asset, moving with tech stocks during risk-on periods.
- This raises questions about the sustainability of a debt-financed accumulation model amid price volatility.
Saylor’s Pledge and Future Outlook
- The commitment to quarterly purchases is strong, with no plans to sell.
- The key question is whether this strategy becomes a strength if prices recover or a vulnerability if volatility continues.