Michael Saylor has hinted that MicroStrategy is about to top up its already-massive Bitcoin reserve, even as the Israel-Iran flare-up keeps global markets on edge.
In an X post late Sunday, the co-founder shared a chart captioned “#Bitcoin is hope,” a phrase he typically uses just before announcing new purchases.
Missiles flew over Tehran late Thursday, yet Bitcoin only dipped 3 % and has hovered near $105 k since. Exchange-traded funds tracking the asset actually booked five straight days of inflows, pulling in more than $1.3 billion for the week (source: Farside Investors). The Crypto Fear & Greed Index sits at 60, flashing “greed” despite the saber-rattling.
Analyst Nic Puckrin notes that a closure of the Strait of Hormuz—choke point for about 20 % of world oil—could jolt energy prices and slam risk assets, Bitcoin included. For now, though, Saylor seems undeterred: another buy would underscore his view that BTC is the ultimate hedge when macro headlines turn ugly.
Bitcoin may not have reached its peak in the current market cycle, according to a recent analysis by crypto analytics firm Alphractal.
BlackRock’s iShares Bitcoin Trust (IBIT) has officially crossed the 700,000 BTC mark, reinforcing its position as one of the fastest-growing exchange-traded funds in financial history.
Bitcoin may be gearing up for a significant move as its volatility continues to tighten, according to on-chain insights from crypto analyst Axel Adler.
Two major developments are converging in July that could shape the future of Bitcoin in the United States—both tied to President Trump’s administration and its expanding crypto agenda.