- Saylor’s Strategy acquired 1,895 BTC for $180.3 million, raising its total Bitcoin holdings to 555,450 BTC valued at $38.08 billion.
- Bitcoin shows a bullish double bottom pattern, and AI forecasts its 2025 price could range between $100,000 and $500,000.
Michael Saylor’s Strategy has made another significant move in its cryptocurrency strategy, acquiring 1,895 BTC between April 28 and May 4, 2025. The total cost of this purchase was $180.3 million, with an average purchase price of $95,167 per Bitcoin. This addition brings the company’s total Bitcoin holdings to an impressive 555,450 BTC, valued at $38.08 billion.
BTCUSD Forms Bullish Reversal Amidst Resistance
On the technical front, Bitcoin’s price is showing signs of a bullish reversal. The BTCUSD pair has formed a double bottom pattern on the H1 chart, signaling a potential rebound after a period of decline. Although the price has been following a bearish trendline, it has recently bounced around the $94,000 level, making a significant move upwards.
The formation of a bullish engulfing candle suggests that Bitcoin might be gearing up for a breakout. If the price surpasses the $94,800 level, it could trigger further upward momentum. The trendline still serves as resistance, but a breakout could ignite a more sustained rally in Bitcoin’s price.
Saylor’s Bitcoin Holdings: A Growing Empire
Strategy’s Bitcoin holdings now exceed half a million coins. As of May 4, 2025, the firm has accumulated a total of 555,450 BTC, with an average purchase price of $68,550 per Bitcoin. These assets have been acquired through proceeds from Strategy’s 2024 Common ATM and STRK ATM offerings, ensuring that all costs, including fees, were accounted for in the purchases.
💥JUST IN: Michael Saylor's STRATEGY buys 1,895 Bitcoin for $180.3 million
(an average of $95,167 per $BTC) pic.twitter.com/zcp3h8sHvB
— Bitcoin Archive (@BTC_Archive) May 5, 2025
What’s Next for Bitcoin’s Price? Insights from DeepSeek AI
Looking ahead, predictive analytics from DeepSeek AI offers multiple scenarios for Bitcoin’s price trajectory in 2025. Base case sees Bitcoin at $100K–$150K; bullish scenario could push it as high as $350K.. In a rare “black swan” event, Bitcoin might even reach an astonishing $500,000.
These predictions are rooted in optimism surrounding the growing institutional adoption of Bitcoin and the broader blockchain ecosystem. As global finance continues to embrace digital assets, Bitcoin’s future appears promising.
Michael Saylor’s Strategy continues to make strategic moves to position itself as a dominant player in the cryptocurrency market. With major BTC holdings and bullish signs, the firm bets on Bitcoin’s long-term growth. Whether Bitcoin will break its resistance levels or face new challenges, one thing is certain: Saylor’s strategy is one to watch as the cryptocurrency market evolves.
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