Bitcoin Price Nears $112K — Strategy Still Accumulating Despite S&P 500 Snub
John: Hey everyone, I’m John, a veteran writer for our crypto blog where we break down Web3, virtual currencies, and blockchain news in straightforward, welcoming terms. Today, we’re diving into MicroStrategy’s relentless Bitcoin buying spree, even as Bitcoin hits near $112,000 and the company faces a setback from the S&P 500. We’ll cover the basics, recent moves, market context, and what it might mean going forward—all based on trusted sources like Bitcoin Magazine, CoinDesk, and Cointelegraph.
Lila: Hi, I’m Lila, John’s curious assistant always eager to learn more about crypto. John, for beginners like me, what’s the big deal with MicroStrategy and their Bitcoin strategy? It sounds like they’re treating BTC like a corporate piggy bank!
Understanding MicroStrategy’s Bitcoin Strategy
John: Great question, Lila. MicroStrategy, led by Michael Saylor, started aggressively buying Bitcoin back in 2020 as a way to preserve value in their corporate treasury. Instead of holding cash that loses value due to inflation, they convert it into BTC, which they see as “digital gold.” As of now, on 2025-09-09, this strategy has made them the largest corporate holder of Bitcoin, with holdings surpassing many institutions.
Lila: “Corporate treasury”—that sounds fancy. Is it just like a company’s savings account?
John: Exactly! Think of it as a business’s rainy-day fund. MicroStrategy uses debt and equity to buy Bitcoin, betting on its long-term growth. In the past, this began on 2020-08-11 when they made their first major purchase, and it’s evolved into a model others are copying. (And hey, if companies had piggy banks, MicroStrategy’s would be overflowing with orange coins—no room for loose change!)
Recent Accumulations and Current Holdings
John: Let’s look at the latest. According to reports from Bitcoin Magazine and CoinDesk, MicroStrategy just acquired 1,955 BTC for about $217.4 million between 2025-09-02 and 2025-09-07, even as Bitcoin’s price hovered around $111,800 to $112,000. This brings their total holdings to 638,460 BTC, bought at an average price of $73,880 per coin.
Lila: Wow, that’s a lot of Bitcoin! How does this fit into their year-to-date activity?
John: In 2025 so far, they’ve been stacking aggressively. For instance, in August 2025, they added 7,714 BTC, including a $449.3 million buy of 4,048 BTC. Cointelegraph notes their year-to-date Bitcoin yield is around 25.8%, meaning their strategy is paying off in terms of value appreciation. Posts on X from crypto enthusiasts highlight Saylor’s “unwavering commitment,” but remember, these are sentiments, not hard facts—we stick to verified news.
The S&P 500 Snub and Its Implications
John: Despite the buying, MicroStrategy faced a hurdle: they were excluded from the S&P 500 index in early September 2025. This index tracks top U.S. companies, and inclusion could have boosted their stock visibility. Fortune Crypto reported on 2025-08-28 that investor sentiment turned, with the stock’s premium over Bitcoin holdings sinking.
Lila: S&P 500 snub? That sounds like getting left out of the cool kids’ club. Why did that happen, and does it change their Bitcoin plans?
John: Spot on analogy, Lila—it’s like not getting invited to the big party. The exclusion, announced around 2025-09-06, stemmed from criteria like profitability and market cap consistency. But as CoinDesk covered on 2025-09-08, it hasn’t deterred them; they bought more BTC right after. This shows their focus is on long-term Bitcoin accumulation, not short-term stock perks.
Broader Market Context and Corporate Trends
John: Zooming out, corporate Bitcoin holdings have crossed 1 million BTC collectively, per Bitcoin Magazine. MicroStrategy leads with nearly 3% of all BTC in circulation. In the past, Saylor proposed ideas like a U.S. Strategic Bitcoin Reserve, discussed in a 2025-03-25 CoinDesk article, aiming for massive national adoption by 2045.
Lila: That’s huge! Are other companies doing this too?
John: Yes, it’s catching on. For example, companies like Tesla and Block have held BTC since 2021, but MicroStrategy’s scale is unmatched. Recent X posts buzz about potential $150,000 BTC by Christmas 2025 if institutions keep flowing in, though that’s speculative—reliable sources like Cointelegraph focus on facts, like Bitcoin’s price stability amid these buys. (If Bitcoin were a marathon runner, MicroStrategy’s like the one who keeps sprinting uphill without breaking a sweat!)
Risks, Safeguards, and Tips for Readers
John: Of course, this isn’t without risks. Bitcoin’s volatility means prices can swing wildly—as we’ve seen drops in the past, like the 2022 crash. MicroStrategy uses convertible notes and stock sales to fund buys, which dilutes shares and adds debt.
Lila: Sounds risky. What safeguards do they have, and any tips for someone inspired to learn more?
John: They mitigate by buying during dips and holding long-term, as Saylor explained in a 2025-06-17 Cointelegraph piece. For readers, here’s a quick list of tips based on best practices from official sources:
- Start small: Research Bitcoin via sites like Bitcoin.org before investing.
- Diversify: Don’t put all eggs in one basket—balance with other assets.
- Stay informed: Follow updates from CoinDesk or Cointelegraph for real-time news.
- Use secure wallets: Opt for hardware options to protect your holdings.
- Avoid hype: Base decisions on facts, not social media buzz.
John: Remember, this isn’t financial advice—just education!
Looking Ahead: Future Developments
John: Looking ahead, Saylor’s vision includes Bitcoin reaching $21.8 million by 2045, as he mentioned in a 2025-08-24 CNBC appearance referenced on X. If regulations evolve, like potential U.S. Bitcoin reserves proposed in April 2025, it could supercharge adoption.
Lila: Exciting! Any predictions on what might happen next for MicroStrategy?
John: No predictions here—we stick to facts. But as of 2025-09-09, their strategy remains buy-and-hold, potentially more acquisitions if prices dip. CoinDesk’s 2025-03-25 article outlines Saylor’s $200 trillion Bitcoin economy dream, blending AI and BTC for “economic immortality.”
John: Wrapping up, MicroStrategy’s story shows Bitcoin’s growing role in corporate finance, from 2020 buys to today’s massive holdings. It’s a reminder of crypto’s potential, but always approach with caution and knowledge. Thanks for joining us—stay curious!
Lila: Totally agree, John. Key takeaway: Bitcoin accumulation can be a bold strategy, but it’s all about long-term vision and smart research for anyone getting involved.
This article was created using the original article below and verified real-time sources:
- Bitcoin Price Nears $112K — Strategy Still Accumulating Despite S&P 500 Snub
- MSTR News: Strategy Acquires Another 1,955 BTC for $217M After Missing Out on S&P 500 Inclusion
- Michael Saylor’s Strategy buys $217M in Bitcoin as price holds strong
- Strategy adds $449M in Bitcoin, raising August total to 7.7K BTC
- Michael Saylor’s $200T Strategy: U.S. Bitcoin Strategic Reserve & Immortality