Strategy Inc. Co-Founder & Executive Chairman Michael J. Saylor hinted on Sunday on an X post that Strategy (MSTR) continued buying Bitcoin last week, with the company’s BTC shares now consisting of 761,068 coins, after its recent purchase of 22,337 coins in the previous week.
Saylor’s continued bullish bets on the flagship cryptocurrency amid uncertain geopolitical climates have increased institutional confidence, with Bitcoin ETF data recording the third and fourth largest trading days last week, as March 18 and March 19 logged trading volumes of $21.4 billion and $21.1 billion, respectively.
This aggressive whale accumulation comes at a time when the broader market is highly volatile due to macro uncertainty, with ETF inflows and institutional participation being the dominating crypto market narratives.
Saylor Continues Bullish BTC Bet
Michael Saylor’s post on X on Sunday, March 22, 2026, suggests Strategy’s continued role as the largest corporate Bitcoin whale. The post, aptly captioned “the Orange March continues,” depicted the MSTR price chart accumulating BTC, with the announcement on Monday confirming a purchase of 22,337 coins currently worth over $1.57 billion.
The recent BTC purchases are being funded by the at-the-money (ATM) capital raising through STRC, one of the three perpetual preferred stocks in its portfolio.
Saylor’s bet occurs during a time of major risk-off as the Federal Reserve’s recent policy making meet failed to address the inflation-afflicted market, with Fed Chair Jerome Powell’s hawkish remarks on concerns regarding interest rates, saying that interest rate cuts may not occur over a year, have led to a further decline in BTC prices, and bearish sentiment within the broader market.
BTC Current Market Scenario: ETF Inflows Dominate Narrative
The Bitcoin (BTC) market is currently trading at $68,455.58, down -0.3% over the past 24 hours. The total market capitalization now stands at $1.36 trillion, with the stock trading at medium volatility (3.64%), while the Fear & Greed Index stands at 10 (Extreme Fear), signalling the continued bearish trend observed within the wider crypto market over the past six months.
With BTC experiencing only 14 green days in the last 30 days (47%), the ongoing U.S.-Iran geopolitical tensions are the primary catalyst for the rapid risk-off sell-off seen in the broader equities and digital currency markets. U.S. President Donald Trump’s recent threat against Iran’s power plants has further fueled the worldwide panic. The President’s Truth Social post on Monday highlighted Iran’s continued monopoly over the Strait of Hormuz, the world’s critical oil chokepoint, which has consequently led to an inflation in global oil prices.
However, amid continued macro uncertainty among investors, institutional confidence is strengthening on the sidelines as corporate whales like Strategy continue to buy the dip, providing hope for a bullish future and near-term stability of the global economy.
MSTR Stock Analysis
MSTR is currently trading at $135.66, down -1.85% over the past 24 hours, with the intraday total market capitalization at $46.135 billion. The stock rebounded after a low of $105 in February, with the Supertrend indicator turning green for the first time since last October, indicating a bullish trend reversal in the near-term.
As of the latest data, MSTR’s RSI is at 49.1, indicating neutral conditions, suggesting that the stock is neither overbought nor oversold. If the bullish trend sustains, investors are advised to watch out for the next key target level at $190, which will confirm a bullish breakout.
Should You Buy MSTR?
With Bitcoin showing bullish signs powered by increased spot Bitcoin ETFs and whales buying the dip, the dominant market narrative remains bullish for near-term stability amid ongoing U.S.-Iran tensions.
As fears of a prolonged worldwide energy crisis have caused broader risk-off moves across markets, Strategy’s bullish bet on BTC as of the past week signals growing institutional conviction, with MSTR branded a “Buy” rating by many analysts.
