Michael Saylor, Chief Strategy Officer of MicroStrategy, celebrated the five-year milestone of his long-term Bitcoin accumulation approach, presenting investment data in a new post on X.
Celebration of Accumulation Anniversary
Saylor shared a post on X, dressed in a tuxedo with the call "Make the Winning Bet". This post coincides with the five-year anniversary of the company and includes information about current investment achievements.
Company Achievements in Bitcoin
Since June 2020, MicroStrategy has accumulated 628,946 BTC at an average price of $73,288 per coin. Currently, the value of the Bitcoins in its portfolio is approximately $74.45 billion with a gain of 61.52%. Over the summer, the company methodically increased its investment, including significant purchases of 21,021 BTC and 155 BTC in August.
Future of Accumulation Strategy
As of the latest data, MicroStrategy shares (MSTR) trade at $366 with a market capitalization of $104 billion. Bitcoin investments account for 71.7% of the market value, providing a foundation for future stock price growth. Saylor's strategy implies continued accumulation, with the company expected to update the public about its plans and achievements regularly.
Michael Saylor's approach to Bitcoin accumulation remains steadfast even after five years. With an increasing number of assets, the company is expected to keep the public informed about its plans and achievements.
