Saylor Faces Heat | Bitcoin Holdings Struggle with New Insights
Michael Saylor’s Bitcoin investment strategy is facing challenges as reports indicate his holdings are officially underwater. Amidst this environment, there’s increasing scrutiny from the community regarding his high-cost basis and purchasing decisions.
Recent discussions point to a significant concern among people on forums about Saylor's strategy. Many express confusion over why his company continues to buy Bitcoin at elevated prices. One forum member noted, "They probably could have had their average buy price be several thousand lower" This lack of a tactical approach in timing purchases near market highs has raised eyebrows.
Growing Community Concerns
Cost Basis Questions
Some contributors are questioning why Saylor's cost basis appears so high, leading to fears about the sustainability of his strategy. This sentiment was echoed with comments like, "How is his cost basis so high?!" illustrating the disbelief regarding his financial choices.
Poor Buying Strategy
People also highlight a perceived failure in optimizing buys. Many agree that the current strategy seems haphazard, potentially leading to greater losses over time. A contributor remarked, "Their only purpose is to buy Bitcoin and they execute their buys in the worst way possible."
Heightened Scrutiny of Market Conditions
Several users compared the current market sentiment to previous recoveries, suggesting this time may be different. "Once the stock falls below mNAV, they can’t fund Bitcoin purchases effectively," warned one poster, expressing doubts about the future value of Bitcoin and its impact on Saylor’s strategy.
"When Bitcoin loses value and is your only draw, how much longer can MicroStrategy wait?"
A pressing question from community members.
Key Observations from Recent Discussions
△ Forum commentary reveals skepticism over Saylor’s high-cost basis.
▽ Users emphasize the need for a more strategic buying approach to mitigate losses.
※ "Saylor just raised the dividend rate to draw in more funds" suggests an urgency amid uncertainty.
Saylor’s steadfast calm in the face of turmoil may soon be tested if Bitcoin prices continue to decline. As discussions unfold on various platforms, the central question looms: Will Saylor modify his tactics, or will the pressure force a reaction? The future of his investments and MicroStrategy's strategy remains to be seen as 2026 progresses.