Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has delivered a bold message to both retail and institutional investors: it will soon be exponentially harder to buy Bitcoin. Speaking at Bitcoin 2025 in Las Vegas, Saylor explained that a confluence of institutional adoption, governmental accumulation, and capped supply is creating a perfect storm for extreme scarcity.
Institutional Demand Is Going Parabolic
Saylor explained that corporations from the UK, South Korea, and Hong Kong now contact him regularly, seeking guidance on how to add Bitcoin to their treasury. Unlike the hesitance seen last year, boardrooms now discuss Bitcoin as a core strategy.
“We’re seeing board-level conversations happening weekly. Bitcoin is no longer just a hedge – it’s a strategic asset,” Saylor said.
This reflects a significant shift from just 12 months ago when institutional hesitance dominated headlines. Now, after the approval of multiple Bitcoin ETFs and clearer U.S. regulations, corporate wallets are warming up.
Strategy’s Accumulation Model: Precision and Patience
Strategy has raised eyebrows with its aggressive Bitcoin acquisition strategy. Between May 19 and May 25, 2025, the company acquired 4,020 BTC for $427.1 million, bringing its total holdings to 580,250 BTC, worth over $40.6 billion.
Saylor revealed that purchases are planned around liquidity windows, price dips, and even ETF redemptions. “We don’t chase the market,” he said. “We execute with discipline and scalability.”
Average purchase price: $69,979/BTC
Target by 2026: Over 1 million BTC under long-term corporate custody.
U.S. Government’s Silent Game: Strategic Bitcoin Reserve
In March 2025, President Trump signed an executive order establishing the Strategic Bitcoin Reserve. Instead of auctioning off over 200,000 BTC from seizures, the government now holds them permanently.
Vice President JD Vance described Bitcoin as a “hedge against inflation, censorship, and unaccountable bureaucracy.” This indicates a rising trend of sovereign digital asset accumulation, where governments are becoming long-term BTC holders – not sellers.
Why It Will Be Exponentially Harder to Buy Bitcoin
Bitcoin’s 21 million cap remains unchanged, but its availability continues to shrink. Over 19.7 million coins have been mined, and ETFs, sovereigns, and long-term holders absorb the rest. This dynamic drastically limits access for newcomers.
- ETFs (BlackRock, Fidelity, VanEck)
- Sovereign entities
- Public companies
- HODLers who never sell
With a shrinking float and growing demand, buying BTC at scale becomes operationally difficult and market-moving.
Saylor explains:
“There’ll come a time where you can’t acquire Bitcoin without paying a huge premium or waiting in a queue. That time is coming faster than people realize.”
Key Takeaway for Investors
If you’re waiting for Bitcoin to drop before buying, you may be betting against macro forces. With ETFs absorbing thousands of coins weekly and corporations entering en masse, the retail window is narrowing. For those who believe in long-term upside, early accumulation may be the only viable path.
