Michael Saylor Hints at MicroStrategy’s 113th Bitcoin Purchase

Key Facts

In a move reflecting continued institutional confidence in digital assets, Michael Saylor, Chairman of MicroStrategy, hinted at the company's upcoming 113th Bitcoin purchase. According to reports, these hints have sparked discussions among investors and critics regarding the firm's aggressive accumulation strategy. This potential acquisition follows MicroStrategy's established pattern of utilizing its balance sheet to accumulate Bitcoin as its primary treasury reserve asset.

These developments come as crypto-linked firms show varied performance; for instance, Coinbase (COIN) reported revenue of $1.64 billion in its latest quarterly filing, highlighting sector activity. Compared to previous quarters, MicroStrategy maintains its position as the largest corporate holder of Bitcoin among public companies, significantly outpacing peers like Tesla, which has maintained relatively stable holdings per market data.

Regarding market levels, MicroStrategy (0A7O.L) stood at $115.2 at close on June 18, 2026. Traders are looking ahead to the U.S. Retail Sales data scheduled for June 17, 2026, which could influence broader risk appetite in both equity and crypto markets. Investors will closely watch for an official announcement regarding the actual purchase size to gauge future support levels for the stock and the underlying cryptocurrency.