Michael Saylor hints at another Bitcoin purchase as holdings reach 447,470 BTC


Michael Saylor, CEO and former CEO of MicroStrategy, hinted at another Bitcoin purchase via a cryptic tweet.

Saylor posted a screenshot indicating the "next green dot" on the page Sailortracker A graph, where each point represents a Bitcoin (Bitcoin) acquisition. The proposal comes as MicroStrategy's Bitcoin holdings stand at 447,470 BTC, currently worth $42.24 billion.

The company's last purchase occurred on January 6, 2025. That was when the company added 1,070 BTC at an average price of $94,004 for $101 million. This latest acquisition continues MicroStrategy's aggressive accumulation strategy, which has delivered impressive results in 2024.

According to Saylor's previous tweet, MicroStrategy bought 258,320 Bitcoin throughout 2024 at an average price of $85,450, for a total of $22.07 billion. This buying spree generated a 74.3% BTC return, pushing the company's initial position of 189,150 BTC into significant growth with additional holdings of 140,630 BTC. .

Saylor stated that this is equivalent to buying 385 bitcoins per day over the course of a year. Saylortracker portfolio data reveals that MicroStrategy's current investment has generated an unrealized return of 51.11%, representing paper profits of $14.28 billion.

The company's shares - which trade under the ticker MSTR - are currently valued at $327.91, giving it a market capitalization of $80.59 billion and a net asset value of 1.91x based on 226.14 million shares outstanding.

The MicroStrategy Accumulation Pattern displayed by the green dots on the Saylortracker chart shows an increase in buying activity during both declines and rises in the market.

The chart shows the company's dollar-cost averaging strategy from its initial purchases of around $10,000 per Bitcoin in 2020 to its recent acquisitions at prices approaching $100,000.

Saylor's forecasts are that at a Bitcoin price of $100,000, the 2024 accumulation strategy alone will translate into $14.06 billion in value creation for shareholders, averaging $38.5 million per day.

The hint of more buying indicates MicroStrategy's continued confidence in its Bitcoin-focused treasury strategy, despite BTC's recent price drop to the $95,000 level.



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