Saylor’s BTC Bonanza: 130 Coins, $1.44B Reserve & That Pesky Sell-Trigger 🐸🔪

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Well now, if you’ll permit me a bit of hucksterism, let me tell you about Michael Saylor’s latest shenanigans-because what’s a man who owns enough Bitcoin to make Scrooge McDuck blush do when the market gets spookier than a graveyard at midnight? Why, he goes all in like a man who’s lost his last shirt to the river! While the rest of the world’s clutching their pearls over Bitcoin’s dip below $90k, Saylor has quietly added 130 BTC (at a princely sum of $11.7 million) to his hoard, bringing his total stash to 650,000 BTC. That’s more Bitcoin than a gold rush had gold.

A bold move, to be sure-but then again, what’s a little financial chaos between friends?

$MSTR declares a $1.44 billion USD Reserve and boosts its BTC hoard to 650,000 $BTC.

– Michael Saylor (@saylor) December 1, 2025

A Fresh Buy in a Fear-Soaked Market (Like a Man Who Thinks He’s Found a Dry Spot on the Titanic)

The purchase was made at an average price of $89,960, which is either a masterstroke or a fool’s errand depending on whether you believe in Bitcoin’s future. Saylor, ever the showman, gave us a hint with the cryptic message: “What if we start adding green dots?” (A nod to his portfolio’s 24.6% YTD yield, I presume.) This comes just days after he paused buying, having already spent $836 million on 8,178 BTC via the STRE offering. Timing? Pfft. That’s for people who don’t have 650k BTC to worry about.

And the Fear & Greed Index? It’s at 20, which means the market’s about as cheerful as a wet cat in a thunderstorm.

A $1.44B Cash Wall Goes Up (Because Why Not? We’re Already in the 18th Century)

To fund this new reserve, Saylor’s crew sold MSTR shares like they were hotcakes at a revival meeting. The $1.44 billion is meant to keep dividend payments afloat and cover interest on their debt, with the goal of having at least 12 months’ worth of coverage-eventually 24. Phong Le, the company’s CEO, hinted that selling Bitcoin might be on the table if things go sideways. Imagine that: a Bitcoin billionaire admitting he might sell Bitcoin. It’s like a preacher saying he’s considered skipping church.

For the First Time, a BTC Sale Isn’t Unthinkable (But Still a Bad Idea)

Le laid out the conditions for this unthinkable act:

  1. MSTR’s stock trades below 1x mNAV, and
  2. the company can’t raise capital.

If both hit, Bitcoin becomes a liquidity tool. A tool, mind you. Like a hammer for a nail, or a metaphor for a man who’s lost his mind.

Why This Moment Matters (Unless You’re a Bear Market)

Saylor’s been the poster boy for “HODL forever,” a man who’d rather eat dirt than sell a single coin. Now, though, he’s added a kill-switch to the narrative: massive reserves, yes-but also a contingency plan if the math turns against him. In a market already jittery enough to mistake a parrot for a bear, this threshold will be watched like a hawk at a buffet. And if history’s any guide, the crypto sector will either cheer or panic, depending on the weather.

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2025-12-01 17:24