B4Bit

06/10 08:40

Michael Saylor hints at new Bitcoin purchase

Michael Saylor hints at new Bitcoin purchase

Michael Saylor, the prominent Bitcoin advocate and founder of Strategy (formerly MicroStrategy), has once again signaled the company's intention to add more BTC to its already vast holdings, continuing what appears to be a weekly ritual of accumulation.

In a post on X, Saylor shared a chart that marked each Bitcoin purchase by the company with orange dots, and encouraged his followers to “post more orange,” which clearly indicates that another purchase has already been made or is coming. These Sunday hints have become an unwritten tradition, with official confirmations usually following on Monday.

Strategy holds 580,955 BTC worth about $61.81 billion. The company’s average purchase price is $70,046 per token, giving them an estimated profit of about 52% at current market levels.

The company's last confirmed purchase was a week ago, and with Bitcoin's price relatively stable since then, this purchase marks a negligible unrealized loss of 0.12% – or about $91,000.

Saylor’s consistent accumulation strategy has become a defining part of Strategy’s identity, solidifying its position as the largest corporate holder of Bitcoin.

Although the price remains volatile, the company continues to stick to its long-term beliefs.

#Check In Daily, Win Prizes Daily — Join the Fun!#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge

36分享