Michael Saylor spent another billion dollars betting Bitcoin has bottomed, but prediction markets are pricing a 57% chance he is wrong.
Strategy (NASDAQ:MSTR) disclosed in an April 13 filing that it acquired 13,927 Bitcoin (CRYPTO: BTC) between April 6 and April 12 at an average price of $71,902, funded entirely through its Stretch preferred stock (NASDAQ:STRC).
The company now holds 780,897 BTC at an average cost of $75,577.
Saylor Has Been Calling The Bottom
At a Mizuho investor event earlier this month, Saylor said Bitcoin “likely bottomed around $60,000,” framing the current drawdown as forced-seller exhaustion rather than a sentiment reset.
He doubled down this week on crypto podcast Bankless. “I haven’t seen anything to shake my confidence yet,” Saylor said, calling the asset oversold and predicting it closes 2026 materially higher.
So far, the call has held. Bitcoin bottomed …
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