Bitcoin

Impact

Michael Saylor, the mastermind behind MicroStrategy’s Bitcoin investment strategy, hinted that the company may have added more Bitcoin to its holdings over the weekend. 
In a Dec. 15 post to X, Saylor questioned whether the SaylorTracker portfolio tracker was “missing a green dot,” implying another Bitcoin purchase by the firm. 
Consistent Purchasing Pattern 
Saylor has shared the SaylorTracker chart on five consecutive Sundays since Nov. 10, with Bitcoin purchases being confirmed the following Monday each time. 
If confirmed for a sixth time, this purchase would mark MicroStrategy’s first acquisition at an average Bitcoin price exceeding $100,000. 
According to CoinGecko, Bitcoin hasn’t traded below six figures since 5:00 pm UTC on Dec. 13. 
MicroStrategy previously reported buying Bitcoin at average prices of $97,862, $95,976, and $98,783 over the past three Mondays, from Nov. 25 to Dec. 9, according to SaylorTracker data. 
A new purchase at similar levels would bring the company closer to reaching a $50 billion Bitcoin portfolio. 
As of Dec. 15, MicroStrategy held 423,650 Bitcoin, valued at over $43.6 billion. 
Bitcoin Milestones and Market Impact 
This potential purchase came just a day before Bitcoin reached a new all-time high of $106,554. 
Saylor has made it clear the company won’t slow down its Bitcoin buying spree, stating he’s “sure” MicroStrategy will continue purchasing even at a price of $1 million per Bitcoin. 
MicroStrategy’s Stock Performance 
MicroStrategy’s (MSTR) stock has soared 496.4% year-to-date, according to Google Finance. 
The impressive performance has earned the company a spot in the Nasdaq-100, a prestigious index comprising the 100 largest non-financial companies listed on Nasdaq. 
With its consistent investments, MicroStrategy remains a major force in the Bitcoin ecosystem.

Michael Saylor Hints at MicroStrategy’s Latest Bitcoin Purchase Above $100k

Crypto Intelligence

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