Trump Dump Mirroring the Xi Dump of 2019!? Michael Saylor Bitcoin Holdings Stand Strong as Crypto Market Takes a Hit

President Trump recently announced the US Strategic Crypto Reserve on Truth Social media. Following his announcement, BTC prices shot up to $95K, and other top coins, ADA, SOL, and XRP, soared high. However, the speculations around the announcement led to an eventual crash. Investors are questioning if altcoins will be included in the reserve. Also, the market is wary as the official announcement is yet to be released, and the reserve will take time as it needs the Congress’s vote.

As speculation swirls around the crypto reserve, Michael Saylor Bitcoin Holdings remains steadfast, standing tall amidst market uncertainty. The Microstrategy CEO Saylor recently disclosed in an SEC filing that his company has neither sold nor bought additional Bitcoin between Feb 24, 2025, and Mar 2, 2025. Despite the ongoing volatility, the disclosure raised MicroStrategy stock prices, reaffirming investor confidence in Microstrategy Bitcoin Holdings.

Why is the Crypto Market Down Today?

Mixed market sentiment is the primary reason. As soon as the crypto reserve news hit the internet, the crypto market rebounded. However, market participants started to question the seriousness of the reserve and its inclusion of altcoins. 

Experts and market analysts believe the crypto reserve implementation will take time as voting in the US Congress is mandatory. All these speculations around the reserve led the crypto market to tumble down. BTC prices plunged to $86K. And so did ETH, XRP, SOL, and ADA.  

Is the Trump Dump Mirroring the Xi Dump of 2019?

When Chinese President Xi Jinping declared his backing for blockchain technology, a comparable market situation emerged in 2019. His statement in June of that year caused a crypto price spike that further raised investor confidence. Nevertheless, as subsequent regulatory restrictions on digital assets and mining drove prices crashing to fresh lows within just 30 days, the momentum was fleeting.

Chart1- Published on Trading View, March 4, 2025.

In Chart 1 above, you can see how the 2025 BTC price pattern mirrors the 2019 pattern. Both scenarios have the same commonality: the announcement made by a large economic leader. The only difference is that in the 2019 scenario, the market took 30-40 days to rebound and plunge to $10K. On the contrary, the current plunging to $90K is quick and within hours of the announcement!

Michael Saylor Bitcoin Holdings Unshaken Despite Crypto Turmoil – Here’s Why

As of March 3, 2025, Microstrategy owned 499,096 bitcoins. The company did not make any new BTC buys during the recent market hurly-burly that started with the Crypto Reserve announcement. Instead, its stock prices went high. Probing the reasons behind the spike, it revealed that Microstrategy recently filed a disclosure with the SEC. 

According to the SEC filing, Microstrategy did not sell or purchase any Bitcoin between February 24, 2025, and March 2, 2025. Also, it mentioned its cash dividend in the same filing. 

Closing Thoughts

The current crypto market volatility, caused by speculation about the US Strategic Crypto Reserve, closely resembles the 2019 ‘Xi Dump.’ Just as President Xi’s blockchain approval caused a temporary surge followed by a steep drop, Trump’s statement sent Bitcoin soaring before doubt drove a fast downturn. Market sentiment is divided as there is doubt surrounding the implementation of the reserve.

Amidst this chaos, Michael Saylor Bitcoin Holdings stands resilient. As reaffirmed by MicroStrategy’s most recent SEC filing, the company’s support of BTC has strengthened investor faith and driven the stock higher even as the general market fluctuates. One thing is sure as history appears to repeat itself—that Microstrategy Bitcoin Holdings stay unmoved, once more showing that for Saylor, volatility is simply another chapter in the inevitable growth of Bitcoin!