Michael Saylor's recent tweet has drawn attention to the trend of consistent Bitcoin purchases by MicroStrategy. The company's portfolio has reached an impressive amount.
Overview of MicroStrategy's Portfolio
On June 29, Michael Saylor tweeted a screenshot of MicroStrategy's portfolio tracker, showing that its value exceeded $64 billion. Saylor's message was succinct: "In 21 years, you’ll wish you’d bought more."
Monday Purchase Pattern
Saylor noted that MicroStrategy has been consistently buying Bitcoin on Mondays for the past two months. Blockchain data and company announcements confirm that the firm has added to its Bitcoin reserves multiple times, typically early in the week.
Market Expectations
Saylor's tweet includes a visual showing the historical progression of the company's Bitcoin buys. Each orange dot represents a new purchase, and the cluster of recent acquisitions strongly supports the theory that more buys are likely imminent. The portfolio shows an all-time gain of over $22 billion, with BTC trading around $108,000 at the time of the tweet.
Given MicroStrategy's recent actions and Saylor's comments, many analysts expect the company to continue increasing its Bitcoin investments in the coming weeks.
