The cryptocurrency market recently experienced a dramatic downturn, losing nearly $20 billion in liquidations over a span of 36 hours. SUI plummeted by 80%, XRP dropped by 53% from its recent peaks, and Solana’s futures price on Binance hit $141 while the spot price remained at $168. This scenario perfectly illustrates the chaos that ensues when cascading sales occur.
Michael Saylor, an influential American entrepreneur and one of the largest Bitcoin investors globally, chose not to mark this downturn with his signature orange dot on his well-known chart. This indicates that no additional Bitcoin purchases were made for his strategy during this period.
Don’t Stop ₿elievin’ pic.twitter.com/LUMroqLSCl
— Michael Saylor (@saylor) October 12, 2025
Saylor shared a simple message: “Don’t Stop ₿elievin.” His current holdings amount to 640,031 BTC, valued at approximately $71.71 billion with an average acquisition cost of $73,983 per Bitcoin. This positions him and his company with an unrealized profit margin close to 51.44%, equating to about $24.35 billion.
$6.4 Billion in Unrealized Losses
Consider what has been lost: When Bitcoin was trading near $122,000 earlier this month, these holdings were valued around $78.1 billion. With current prices hovering near $112,000 per Bitcoin now reflects a decrease of roughly $6.4 billion in paper gains within just days—an unrecovered loss rather than realized but still significant.
On another note regarding stocks: MSTR is trading at basic market capitalization worth approximately$87billion,$97billion accounting for dilution,&a total enterprise value reaching$101billion—with more than66%of its valuation directly tiedtoBitcoin investments.
The message remains clear despite recent events—the market shed$20billioninone day,Saylorsufferedapaperlossamountingto$6 .4billions,yethemaintainsapositiveoutlookwithanunrealizedprofitofaround24$billionandcontinuesurgingeveryone nottostopbelievinginthepotentialofBitcoininvestment opportunitiesmovingforwardintothefuturelandscapeahead!