Key notes
- BTC futures volume jumped 22.76% to $81 billion as short traders positioned themselves for further downward pressure.
- Michael Saylor hinted at another BTC acquisition after the value of Strategy’s Bitcoin holdings fell by $4 billion this month.
- Despite the weekend’s gains, stagnant open interest signals low bull conviction and potential continuation of bearish momentum.
Strategy CEO and co-founder Michael Saylor posted a cryptic tweet on Sunday, October 19, hinting at another BTC purchase. The post praised a hypothetical upcoming BTC purchase, accompanied by the company’s Bitcoin holdings tracker.
The data shows that the total value of Strategy’s 640,250 BTC holdings fell to $69 billion, after peaking at around $73 billion when the price hit an all-time high of $126,270 on October 6, 2025.
$MSTR it’s a grandmother move
– Thomas (Tom) Lee (not the drummer) FSInsight.com (@fundstrat) October 19, 2025
On Saturday, Saylor also appeared in an interview with Mark Moss, CEO of Satsuma Technology Plc, a British crypto and decentralized AI company.
In the interview, Saylor provided technical details about $STRC, Strategy’s perpetual preferred stock, launching in July 2025. The product now offers variable monthly cash dividends of 10.25% backed by 10x oversized Bitcoin to eliminate downside volatility.
Michael Saylor explains how Strategy removes the volatility of Bitcoin to offer investors a 10.25% dividend cash credit instrument, $STRC. pic.twitter.com/bpQliXMLhd
– The ₿itcoin Therapist (@TheBTCTherapist) October 18, 2025
By pricing between $99 and $101 and dynamically adjusting yields, $STRC maintains near-par stability, allowing MicroStrategy to monetize treasury assets without liquidation.
BTC Short Traders Double Despite Weekend Recovery
Bitcoin price rebounded 1.5% on Sunday, with gains just shy of $109,000 at the time of the report. Despite Saylor’s new bullish hint on Sunday, derivatives metrics show BTC short traders positioning themselves for more bearish action, defying the weekend rally.
Data from Coinglass shows that Bitcoin futures trading volume jumped 22.76% to $81.08 billion, with Open Interest only increasing 0.59% to $69.1 billion. The sharp increase in volume with relatively stable open interest suggests that a significant portion of trading activity comes from closing existing positions rather than creating new positions.
Without a significant increase in new BTC positions, the weekend rally could be short-lived.
SUBBD Presale Surpasses $1.2M as Solana Ecosystem Growth Builds Investor Confidence Web3
Bitcoin’s disappointing performance over the past week has sparked investor interest in new projects like SUBBD.
SUBBD is an AI-powered project with creator monetization tools for influencers and brands.
SUBBD Presale
The SUBBD presale has now surpassed $1.2 million of its $1.4 million target, with tokens currently priced at $0.056.
With less than 24 hours until the next pricing tier, early investors can visit the official SUBBD presale site to access up to 20% staking rewards and other community incentives.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with experience supporting various Web3 startups and financial organizations. He completed his undergraduate degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger technologies at the University of Malta.
Ibrahim Ajibade on LinkedIn
