Michael Saylor, the manager chairman of Technique and doubtless probably the most vocal Bitcoin evangelist, let a single phrase do the speaking in the present day – and the market’s listening. Within the submit, Saylor was proven dressed like “The Dude,” sporting a gown. He wrote, “Bitcoin Abides” because the caption.
The submit’s timing is just not random both. Bitcoin is buying and selling just below $119,000, close to new all-time highs after a mid-June breakout flipped resistance into stable help. Value motion is fairly tight close to $120,000, so Saylor’s message is extra like a reaffirmation than a prediction – and the steadiness sheet backs it up.
The latest numbers present that Technique now has 601,550 BTC, which is about $71.3 billion. Since June 1st, they’ve added over 20,000 cash, with summer time shopping for choosing up each week, besides when there have been no purchases. The newest replace, dated July 14, reveals one other 4,225 added, simply as Bitcoin began testing $120,000 once more.
Bitcoin Abides pic.twitter.com/qUl0v5jQSg
— Michael Saylor (@saylor) July 16, 2025
The corporate’s price foundation is at present at $71,269 per coin, which interprets to a 66% paper achieve in present costs. That places Technique’s BTC holdings at round 57% of its market cap. It’s truthful to say that Saylor is way from being only a “dude” with nearly $50 billion in revenue.
The Technique chairman didn’t broaden on his submit, however the message is obvious: this isn’t only a commerce. With Technique vacuuming the Bitcoin market in current weeks and the cryptocurrency itself holding robust close to its highest costs, “abides” is not only a meme reference – it’s a technique.
Skeptics and optimists may need completely different concepts about how this all finally ends up, however one factor’s for certain: Saylor’s Bitcoin marketing campaign is now as legendary because the film he referenced in his new submit.
