Michael Saylor Signals New Bitcoin Purchase as BTC Slides Below $88,000

Bitcoin prices briefly slipped below $88,000 over the weekend, triggering renewed market unease — but the decline may have also created an opportunity. Strategy chairman Michael Saylor hinted that the company could soon add more Bitcoin to its balance sheet, continuing its long-running accumulation strategy.

Bitcoin drops to two-week low amid weekend volatility

Bitcoin fell to an intraday low of $87,600 late Sunday, marking its lowest price since early December, according to TradingView data. The move extended a pattern of thin-liquidity weekend sell-offs that have repeatedly pushed prices lower before rebounding during the week.

At the time of writing, BTC had recovered above $89,000, though traders remain cautious amid broader macro uncertainty.

Saylor teases another Strategy Bitcoin buy

As prices dipped, Michael Saylor posted a cryptic message on X, writing “Back to More Orange Dots,” alongside Strategy’s Bitcoin portfolio chart — a phrase widely interpreted as a signal of another impending BTC purchase.

Source

Strategy’s most recent acquisition came on Dec. 12, when the company purchased 10,624 BTC, its largest buy since July, according to SaylorTracker.

The firm now holds 660,624 BTC, valued at roughly $58.5 billion at current prices. With an average purchase price of $74,696 per Bitcoin, Strategy remains significantly in profit despite recent volatility.

Analysts point to Japan as a source of selling pressure

Some market participants believe the latest selling pressure may be linked to expectations surrounding the Bank of Japan’s upcoming interest rate decision.

Crypto analyst “NoLimit” warned that previous Japanese rate hikes have coincided with sharp Bitcoin declines, particularly due to the unwinding of yen-funded carry trades that impact global risk assets.

Polymarket currently assigns a 98% probability that the Bank of Japan will raise rates by 0.25% this week, adding to near-term uncertainty.

Justin d’Anethan, head of research at Arctic Digital, told Cointelegraph that while Bitcoin has rebounded from November lows, the drop below $88,000 “feels like a defeat” for bullish momentum in the short term.

Have markets already priced it in?

Not all analysts agree that Japan’s policy shift will have lasting impact. Trader “Sykodelic” argued that the rate hike has been widely anticipated and largely priced into the market.

“Markets move in anticipation, not on the event itself,” the analyst said, suggesting Bitcoin may remain range-bound rather than collapse further.

D’Anethan echoed that view, predicting BTC could trade between $80,000 and $100,000 until a clear catalyst emerges.

Conclusion: Volatility continues, but conviction remains

While Bitcoin’s short-term price action remains fragile, Michael Saylor’s continued buying signals strong long-term conviction from one of the asset’s most influential corporate holders. Whether macro forces cap upside or fuel another leg higher, Strategy’s accumulation underscores a belief that current prices still represent value.

For now, Bitcoin appears stuck between macro headwinds and institutional confidence — a tension likely to define the next phase of the market.

See all our insights: Bitcoin World News