Bitcoin

Gold Stock Price Surges As Saylor Bids More Bitcoin: But What’s Next For BTC Price?

By Isaiah Mccall

Last Updated: Feb 11, 2025

Fact checked

By Sam Cooling

Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Gold stock price is flying high as Gold price dominates to delight of Schiff, but Saylor is still bidding Bitcoin and BTC price might be next
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The Gold stock price and gold spot value have reached new heights, smashing records at $2,902 per ounce this week.

With a 17.5% surge since the year began, the climb reflects a cocktail of aggressive central bank purchases, geopolitical uncertainty, and the enduring appeal of gold as a safe haven. Meanwhile, MicroStrategy, newly renamed “Strategy,” is making big moves amongst the volatility.

-
Price
Market Cap
-
-
-

Central Banks’ Gold Stock Buying Frenzy

According to the World Gold Council, central banks are stockpiling gold at a blistering pace—694 tons in just ten months of 2024.

This surge, led by power players like China, Poland, India, and Turkey, underscores a pivot away from the U.S. dollar and a mounting appetite for economic insulation.

(Gold Stock)

The push, branded as “de-dollarization,” has gained momentum since Western sanctions hit Russia’s central bank in 2022, reasserting gold’s clout as a geopolitical safety net.

Nearly 70% of central banks plan to keep buying, with 83% calling gold a critical shield against inflation and global instability.

Global Geopolitical Tensions Spark Investor Demand

Gold prices are surging as geopolitical strains and trade tensions disrupt global markets. U.S.-imposed tariffs have sent shockwaves through global markets, fanning fears of an economic slump and sparking inflation concerns.

Fears of instability drive investors toward gold futures, inflating prices as the scramble for safe assets intensifies.

Adding to the turmoil, Trump’s proposed 25% tariffs on steel and aluminum imports directly target Canada and Mexico, rattling global markets. The market is deeply confused, like a middle school boy going through puberty.

MicroStrategy Buys Bitcoin Among Gold Stock Surge

As gold hits record heights, Michael Saylor’s newly minted “Strategy” declared its first Bitcoin haul under the new name—7,633 BTC bought at an average of $97,255 per coin between Feb. 3 and Feb. 9, 2025.

The announcement came in a Feb. 10 Form 8-K filing, underscoring the company’s commitment to a Bitcoin-driven treasury strategy.

Since its inaugural Bitcoin purchase in August 2020, Strategy has stockpiled 478,740 BTC at an average price of $65,033. Despite the accumulation, the company faces shifting targets. Its Bitcoin yield hit 4.1% between Jan. 1 and Feb. 9, 2025, but projections for the year remain modest compared to 2024’s staggering 74.3% yield.

A rough close to 2024, marked by a $ 670 million net loss, forced the company to adjust its 2025 yield target to 15%.

Why Gold is Still the Ultimate Safe Haven

As inflation heats up and rates level off, gold is doing what it does best—acting as a financial anchor. Analysts at Dutch multinational banking ING see more gains on the table, signaling that gold’s upward trajectory might just be starting.

The recent record-breaking surge isn’t just about rising uncertainty—it’s a reminder of gold’s critical role in fighting inflation and shielding against currency swings. For countries distancing themselves from the U.S. dollar, this stability is invaluable.

Scary times out there. Indeed.

Meanwhile, companies like Strategy are eyeing the same play with digital reserves through Bitcoin. By the end of Q1, we’ll see who gets the last laugh.

EXPLORE: Dave Portnoy’s New Meme Coin Went 100,000% But What Is The Best Meme Coin to Buy?

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Back to top