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- Bitcoin Pushes Toward $100K — But Futures Traders Stay Cautious
Bitcoin Pushes Toward $100K — But Futures Traders Stay Cautious
Michael Saylor Says This Asset Is Beating Bitcoin in 2025 — And He Owns It
Despite his legendary Bitcoin loyalty, Saylor reveals that one surprising asset is outperforming BTC this year — and it’s not gold, Tesla, or tech stocks.
Main Points:
MSTR, MicroStrategy’s stock, is up 249% YTD, far ahead of Bitcoin’s 64% rise.
Saylor says the Bitcoin standard has driven 3,000% gains for MSTR since 2020.
The company just acquired 15,355 BTC worth $1.42 billion — and it’s not done.
Saylor still urges: keep stacking sats, no matter how small the buy.
Detailed Insights:
MSTR Leaves BTC in the Dust
MicroStrategy (MSTR) — the publicly traded company best known for going all-in on Bitcoin — is the top-performing major asset of 2025 so far, according to a chart shared by executive chairman Michael Saylor this weekend.
While Bitcoin has rallied 64%, and Tesla (+60%), gold (+40%), and Meta (+35%) are showing strong returns, MSTR tops the list at a whopping 249% year-to-date gain.
“Strategy has outperformed every tech stock and even Bitcoin itself,” Saylor posted on X. “That’s the power of adopting a Bitcoin standard.”
Apple (+19%), Nvidia (+33%), and the S&P 500 (+12%) trail far behind. Google’s GOOG stock is actually down 2% this year, rounding out the surprising leaderboard.
$MSTR is now up more than 3000% since adopting the Bitcoin Standard.
— Michael Saylor (@saylor)
3:06 PM • May 1, 2025
Saylor: Still Buying BTC — Big
Despite MSTR’s outperformance, Saylor isn’t taking profits. He’s doubling down.
Earlier this week, he announced a massive 15,355 BTC purchase worth $1.42 billion. That brings MicroStrategy’s total holdings to 553,555 BTC, by far the largest public treasury of Bitcoin in the world.
Even more staggering: Saylor revealed that the company plans to raise $42 billion in new equity — with the explicit goal of buying more Bitcoin.
“Always ₿e Stacking”
In a tweet Friday, Saylor reminded followers of his simple Bitcoin philosophy:
Always ₿e Stacking
— Michael Saylor (@saylor)
5:15 PM • May 2, 2025
He encouraged the community to continue accumulating BTC, even if it’s just a few sats per buy, emphasizing the long-term power of conviction in the face of volatility.
His comment comes as BTC briefly dipped below $97K again this week, after touching recent highs.
Final Take
Even in a year where Bitcoin’s up strong and ETFs are surging, MSTR has become the surprise rocket ship — outperforming every asset class on Saylor’s radar. But the message from the man himself is unchanged: keep stacking, keep holding, and zoom out.
Did You Know?
More companies are quietly adding Bitcoin to their balance sheets — not just for returns, but for inflation resistance and a modern brand image. In today’s world, crypto literacy equals corporate edge.
Boost of the Day:
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Big inflows, bullish options, and technical momentum are fueling BTC’s push — but futures traders aren’t fully convinced of a clean break past six figures.
Main Points:
Bitcoin surged past $97.9K this week, fueled by ETF inflows and bullish market structure.
Despite the rally, BTC futures data shows muted leverage and lingering skepticism.
Options markets suggest large players see more upside — even if short-term resistance holds.
Detailed Insights:
Bitcoin Hits 10-Week Highs, But Traders Show Mixed Signals
Bitcoin is up nearly 5% this week, breaking out of its tight $93K–$95.6K range and tapping $97,930 — its highest level in over two months. This comes as U.S. spot Bitcoin ETFs logged $3.6 billion in net inflows over the last two weeks, suggesting renewed institutional demand.
However, not all traders are riding the hype train. Futures market data remains cautious, with annualized premiums on BTC 2-month contracts sitting at just 6–7% — still within the “neutral” zone.

“There’s excitement in the air, but not euphoria,” says market analyst Leo Vargas. “If traders were truly betting on $100K in the short term, we’d see leverage spiking. Instead, they’re hedging.”

Caution Triggered by Macroeconomics
One source of concern? Global macro uncertainty. The ongoing U.S.-China trade tensions and signs of slowing global growth are making investors hesitate. Some analysts point out that Bitcoin’s current rally is closely correlated with equities, dulling its “digital gold” narrative.
Meanwhile, gold is up 20% this year, further outperforming Bitcoin in relative strength — and reinforcing the idea that BTC may be facing competition for safe-haven flows.
BTC Options Market Leans Bullish
Despite cautious futures traders, BTC options data tells a more optimistic story.
The 25% delta skew on 1-month options — a measure of sentiment among large traders — is at its lowest level since mid-February. This suggests whales are pricing in more upside risk than downside.

“It’s the kind of quiet confidence you like to see,” says @DeribitQuant. “They’re not going all-in, but they’re clearly not betting against the move either.”
What to Watch Next
$100K resistance: Strong psychological level — expect volatility near it.
S&P 500 movements: Continued correlation could drag BTC if equities slip.
ETF flows: Sustained inflows may shift trader sentiment from cautious to confident.
Options expiry (May 24): Could trigger volatility depending on positioning.
Final Take
Bitcoin’s path to $100K looks increasingly possible, but the road is paved with hesitation. While derivatives traders aren’t betting the farm just yet, options data shows that smart money isn’t ruling out more upside. For now, BTC needs to prove it can hold the highs — or risk a short-term pullback before making history.

Forward this to a friend who’s still on the fence about Bitcoin in corporate finance.

₿itcoin reached $96,281. -0.37%
♢Ethereum reached $1,826. +0.18%

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results