The Michael Saylor Bitcoin experiment seemingly continues, with the Strategy executive chairman reportedly signaling another BTC buy as the leading digital asset slid hard over the weekend, briefly dropping below the company’s average purchase price.

Just five days ago, on January 28, Bitcoin was trading above $90,000, but over the subsequent five days, it has crashed to $76,600, briefly tapping $75,440, a move that pushed Strategy’s massive BTC USD stack below its average cost of $76,037 for a brief moment.

Market Cap

The sell-off has wiped over $500Bn from the total market cap since the beginning of last week, with growing global economic uncertainty and continued war rumors contributing to the market-wide crash, which has also affected tech stocks and precious metals.

Did Michael Saylor Actually Signal a Fresh Bitcoin Buy?

As the Bitcoin price was trading around $78,200 yesterday (February 1), Saylor posted “More Orange” on X alongside Strategy’s familiar Bitcoin purchase chart. He has often used that phrase as a wink to signal a buy or an imminent buy.

Strategy currently holds 712,647 BTC, about 3.394% of all Bitcoin in circulation. That scale matters. When Strategy buys, it sends a message about long-term conviction.

The timing also stands out. Bitcoin briefly traded below the Strategy’s cost basis of $76,040. Rather than panic or talk of selling to service debt, Michael Saylor instead hinted at another Bitcoin buy, underscoring his confidence in the long-term performance of the leading digital asset.

DISCOVER: Top 20 Crypto to Buy in June 2026 

Why Institutions Buy During Fear and What it Tells Us

Michael Saylor seemingly doubles down with his Bitcoin conviction after alluding to a fresh BTC buy as the Bitcoin Hyper presale hits $31.1M

(SOURCE:CoinGecko)

Strategy has followed the same playbook since 2020. Buy when prices fall, and headlines feel uncomfortable. Its MSTR share price continues to take a hit, down -4.5% in the past month and -56.87% year-to-date.

For beginners, this teaches a simple lesson. Institutions don’t chase green candles. They buy red ones. That mindset helps explain why long-term holders use dollar-cost averaging rather than trying to time the market perfectly.

This dip fits a wider pattern we’ve seen during recent Bitcoin dips below key levels: panic selling fades quickly once forced sellers clear out.

The Bitcoin price wasn’t the only asset hit by growing global uncertainty; gold and Silver also dropped by double digits. The S&P 500 slipped, and crypto followed, with fear flashing across the board.

The Crypto Fear & Greed Index is currently sitting at 14 out of 100, indicating ‘extreme fear’. One piece of optimism is that those readings have historically appeared closer to the bottoms than to the tops.

If the Fear & Greed Index indicates a bottom is near, it’s the perfect time to look into blue-chip crypto presales, and none stand out more than Bitcoin Hyper (HYPER), a Bitcoin Layer-2 protocol that has raised over $31M in ICO funding to date.

Crypto Fear and Greed Chart

All time 1y 1m 1w 24h

BONUS: Bitcoin Hyper (HYPER) Nears its Much Anticipated Token Launch

Time is ticking for investors to secure a slice of the Bitcoin Hyper (HYPER) ICO, with rumors growing of a February token launch following an incredibly successful presale that has raised over $31.1M so far.

Put simply, HYPER is the first-ever native Bitcoin Layer-2 protocol, designed to unlock billions of dollars in liquidity on the Bitcoin network by bringing a fully fleshed ecosystem of DeFi, GameFi, AI Agents, NFTs, and much more.

DefiLlama data show that Ethereum currently has over $58.8Bn in TVL (Total Value Locked), mostly on Aave and Lido, underscoring the significant untapped liquidity Bitcoin Hyper could unlock on the Bitcoin core layer.

The HYPER devs are building this by harnessing the power of the Solana Virtual Machine (SVM), which will allow transactions to be processed on the SVM, leveraging its near-instant speeds and super-low fees, before settling them on the Bitcoin core layer.

This could be a game-changer for Bitcoin, and no one stands to benefit more than HYPER holders, as the project responsible for unlocking billions in liquidity for Bitcoin will likely be a $500M+ market-cap token.

Before the presale comes to an end and HYPER becomes widely available on DEXs and possibly a top-tier CEX, grab a stack at ICO prices and lock in profits today.

Visit HYPER Here

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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