Michael Saylor Signals 100th Bitcoin Buy – MSTR Stock Slides With BTC Below $65K

The broader stock and crypto markets were under pressure after President Trump’s announcement of 15% tariffs on all goods coming into the U.S.

• MSTR’s stock dropped as much as 3.75% in overnight trade, alongside Bitcoin’s drop to below $65,000.
• On Stocktwits, retail sentiment around the Bitcoin proxy fell to ‘bearish’ from ‘neutral’ territory over the past day. 
• MSTR’s average cost per Bitcoin stands at $76,000, more than 14% below Bitcoin’s current trading price.

Strategy (MSTR) executive chairman Michael Saylor signaled in a cryptic post on X that the company is set to complete its 100th Bitcoin (BTC) purchase on Monday, when it typically discloses its weekly acquisitions.

“The Orange Century,” he wrote on the social media platform. MSTR’s stock was down as much as 3.75% on Sunday night, while retail sentiment around the shares dipped to ‘bearish’ from ‘neutral’ territory over the past day, as per Stocktwits data.

Bitcoin’s Price Slumps To $65K

MSTR’s stock is known for trading like a proxy for Bitcoin, moving higher and lower alongside the cryptocurrency’s price. Bitcoin’s price slipped below $65,000 on Sunday night, down 4.5% in the last 24 hours amid a broader slump in markets after President Donald Trump announced that he would be implementing a 15% tariff on all goods coming into the U.S. despite the Supreme Court slashing down his previous import taxes.