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Saylor Now Controls 2.5% Of BTC Supply: Latest Bitcoin News as BTC USD Price Surges For $110K Retest 


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When Michael Saylor, the founder of MicroStrategy, now Strategy, started buying Bitcoin and building a Bitcoin Treasury from scratch, the first for a public company trading on the Nasdaq, many people thought he was going crazy. Yet, over five years after his first Bitcoin buy, not only is Strategy dominating Bitcoin news, but the public firm is neck-deep in money. While BTC USDT prices fell last week, the average price for each Bitcoin crypto under Strategy’s hold is $74,000.

Of course, as long as the Bitcoin price stays above $74,000 and ideally $100,000, Strategy will continue floating in profits. According to Coingecko, each BTC in circulation is currently trading above $111,000, a refreshing bounce considering last week’s capitulation and fears. At some point, BTC USDT fell to as close as $102,000, just inches away from the mega support at $100,000.

Bitcoin News: MicroStrategy and Saylor now own over 2.5% of all Bitcoin in circulation. BTC USD is firm above $111,000: Will it 10X by 2030

(Source: BTC USDT, TradingView)

Even so, the Bitcoin price is now firm, and sentiment is improving. Will Strategy continue to accumulate and build up its BTC stash? 

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025

Bitcoin News: Saylor and Michael Strategy Owns 2.5% of Bitcoin Supply

According to BitcoinTreasuries, Strategy controls over 640,000 BTC, or roughly 2.5% of the total supply. It remains the world’s largest holder of Bitcoin, controlling over 2.5X the amount held by Satoshi Nakamoto.

Bitcoin News: MicroStrategy and Saylor now own over 2.5% of all Bitcoin in circulation. BTC USD is firm above $111,000: Will it 10X by 2030

(Source: Bitcoin Treasuries)

It is assumed that a significant portion of the 21M Bitcoin ever minted is lost. Some estimates place it at around +4%, while others think it is even larger. This loss effectively reduces the total supply to around 20.16M BTC.

As of October 20, miners had acquired over 19.9M BTC, and a tiny percentage of the total supply remains. Miners will continue to scramble for these valuable gems for the next 100 years or so, until 2134.

Strategy is convinced that Bitcoin, being naturally deflationary, is a perfect hedge against fiat inflation and will continue to scoop up more coins. Under its 42/42 plan, the public company is raising money from investors, buying Bitcoin, and earning what it says is a decent Bitcoin yield averaging over +20%.

The problem is that there are doubts about whether this plan will work out. Reflecting on this pessimism is Microstrategy’s falling net asset value (NAV). MicroStrategy’s stock to Bitcoin NAV fell to 1.3X as of October 20, meaning the company’s shares are, historically, trading at a slight discount to its huge Bitcoin stash.

Bitcoin News: MicroStrategy and Saylor now own over 2.5% of all Bitcoin in circulation. BTC USD is firm above $111,000: Will it 10X by 2030

(Source: SaylorTracker)

For years and months, especially when Bitcoin and some of the top Solana meme coins are trending higher, MicroStrategy’s shares tend to trade at a premium, often over 2X of the Bitcoin NAV. Several factors could explain this drop.

One is the contraction of Bitcoin and prices of some of the best cryptos to buy, and waning institutional optimism, possibly because of market saturation and availability of other crypto treasuries, including firms holding coins that can be staked for a passive yield on top of capital gains.

DISCOVER: 20+ Next Crypto to Explode in 2025

Bitcoin Price Above $111,000: Will The Rally Continue?

However, if Bitcoin prices tick higher, surging above $115,000 as losses of October 10 are reversed, MicroStrategy’s NAV could float above one and begin trading at a premium.

Analysts are confident that the BTC USDT price will shake off weakness and break above $130,000. Others think there is room for a breakout to new all-time highs of over $200,000, though the odds remain slim.

Market Cap

 The local support is currently at $103,700, but if the Bitcoin price breaks $118,000, there could be more room for growth.

Earlier, Cathie Wood of Ark Invest said BTC USD could reach $1.5M by 2030, a more than 10X from spot rates.

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

Bitcoin News: Saylor Holds 2.5% of All BTC, BTC USD Above $111,000

  • Bitcoin news: MicroStrategy controls over 2.5% of all BTC in supply 
  • Saylor and team own over 640,000 BTC 
  • MicroStrategy’s NAV is falling 
  • Will BTC USD soar to over $1.5M by 2030? 

The post Saylor Now Controls 2.5% Of BTC Supply: Latest Bitcoin News as BTC USD Price Surges For $110K Retest  appeared first on 99Bitcoins.

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