Bitcoin’s latest move to $89,000 was not noticed. Michael Saylor was convinced. The Strategic Chair, known for her minimal online presence, responded to simple posts. “Bitcoin is climbing.” His image, wearing a suit that magnifies the cliff, resonated strongly with the current market context.
BTC pushed over $88,700 after a quick breakout the day before. That jump came to the heel for the past two weeks period, but for most of that time it rose.
But effectively, we didn’t expect Bitcoin to print a big green candle for Easter on Monday, but that’s what happened yesterday and continued today.
Bitcoin is climbing pic.twitter.com/mapv0li7dy
– Michael Saylor (@saylor) April 22, 2025
Saylor has more to do with that post than eye-catching. The strategy’s Bitcoin balance is currently at 534,741 BTC, with an average cost base of $66,631. At the current level, the position has increased by more than 33%, with a market value of close to $47.5 billion. It’s not just the profit of paper. It is a testimony of strategy and pun intended.
The software producer led by Saylor remains a unique case from an angle of market structure. Its stock (MSTR) is trading at $323.95 and has a market capitalization of $84.7 billion. This means that more than half of the company’s valuation (56% to be precise) is directly linked to Bitcoin holdings. The NAV multiple of 1.785 suggests that investors still price not only on the balance sheet cryptocurrency.
This is the real signal behind Saylor’s three-word message. It’s not just an explanation of price action. I quietly confirm that the bets are aging well. Whether BTC would soon break $90,000, MicroStrategy’s position has clearly turned the corner.
