Bitcoin under pressure? MicroStrategy reveals a bold plan with $2.2 billion in fresh capital

What is happening: Michael Saylor has sent a cryptic signal through social media that crypto markets interpret as an imminent announcement of a mega Bitcoin purchase. Meanwhile, the company has accumulated a surprising amount of liquidity in its year-end balance sheet.

Liquidity as a strategic weapon

The last days of December saw MicroStrategy move with military precision. Between December 15 and 21, the company liquidated 4.5 million Class A shares, injecting $748 million into cash flow in just one week. The overall result? A cash reserve increased to $2.19 billion.

To understand the significance of this move, just look at Saylor’s logic: on the balance sheet, cash is nothing but Bitcoin waiting to be purchased. This “powder keg” allows MicroStrategy to act without notice, exploiting market corrections in real time, while traditional competitors are still waiting for approval from their credit committees.

The cryptic language that moves markets

On December 20, Saylor posted a sequence of enigmatic symbols on X. For those familiar with his communication style, the message was crystal clear: an official announcement was coming. This pre-communication tactic works because it creates an inevitable accumulation narrative that traders cannot ignore.

The mechanics are fascinating: each transmitted signal amplifies market expectations. When the formal deposit to the SEC arrives, MicroStrategy has already completed the operation, leaving the rest of the market to chase. Essentially, Saylor uses transparency as a market tool, and the market responds bullish in advance.

A relentless year of acquisitions

2025 has been a year of frantic accumulation:

• Mid-December: acquired 10,645 BTC with an investment of nearly a billion dollars in seven days, at an average price of $92,098 per coin
• Start of the month: additional 10,624 BTC purchased with the same determination
• Execution speed: the company does not negotiate the price, it simply accelerates accumulation

This strategy reflects an absolute conviction: every available Bitcoin is an opportunity, regardless of the price level.

The evolution of the corporate balance sheet

Today, MicroStrategy’s deposit contains 671,268 BTC, resulting from total investments exceeding $50 billion. What makes this position explosive is the profit margin: with an average entry price of $74,972 per coin, the company reports nearly $10 billion in unrealized gains.

This financial cushion transforms volatility from a risk into an opportunity. A 20% or 30% decline that would destroy a less capitalized competitor becomes simply an opportunity for Saylor to buy more. The company can afford to ignore short-term noise because its strategic goal remains fixed: increase Bitcoin per share, the new metric that the shareholder base values above all other KPIs.

The new paradigm of corporate treasury

MicroStrategy has written a new manual on how public companies can escape monetary erosion. While many CEOs see their cash eroded by inflation, Saylor has demonstrated an alternative: treating Bitcoin as a primary reserve asset.

This approach is inspiring Wall Street. As long as MicroStrategy’s stock continues to trade at a premium over its underlying assets, the cycle will continue: selling shares to buy Bitcoin, then using profits to generate more shares to sell again. A loop that perpetuates until the Bitcoin supply is completely exhausted, and that mathematics is relentless.

With Bitcoin currently at $91.47K, the timing for valuation remains strategic for the company’s next moves.