Michael Saylor, known for his Bitcoin investment strategy, recently hinted at upcoming purchases, reaffirming his company's ongoing interest in the cryptocurrency.
New Signals from Saylor
In a recent post on X, Michael Saylor shared a chart from SaylorTracker, which tracks his company’s Bitcoin purchases. Historically, every time Saylor has shared this chart, it has preceded new buys.
History of Bitcoin Purchases
Saylor recalled the company's initial investment in Bitcoin: "It all started with a quarter-billion-dollar investment in Bitcoin." This was the beginning of the aggressive buying campaign.
Current Strategy Portfolio Situation
Strategy’s Bitcoin position currently totals approximately $71.85 billion, acquired at an average entry price of $71,777. With Bitcoin trading near $118,000, the company is sitting on roughly 64% unrealized gains. However, their most recent purchase worth $739 million is temporarily down by $4.4 million due to minor price fluctuations.
Saylor’s latest post is seen as a clear signal that the pace of Bitcoin accumulation will not slow down, and another announcement of purchases could come in the following days.
