Saylor posts MicroStrategy’s BTC tracker: Another Buy?

• Michael
  Saylor,
  founder
  of
  MicroStrategy,
  has
  shared
  the
  company’s
  Bitcoin
  tracker
  on
  X.
• The
  market
  expects
  an
  annoncement
  that
  the
  company
  has
  acquired
  another
  chunk
  of
  BTC.
• Bitcoin
  price
  hovered
  near
  $94,800
  at
  the
  time
  of
  Saylor’s
  post
  on
  Dec.
  29

MicroStrategy
founder
Michael
Saylor
has
posted
the
company’s

Bitcoin
(BTC)
tracker
chart
on
X
again.

In
recent
months,
every
such
post
has
been
followed
by
an
announcement
that
the
world’s
largest
corporate
holder
of
the
flagship
digital
asset
had
acquired
another
haul.

Industry
experts
and
observers
have
been
quick
to
point
out
that
MicroStrategy
is
about
to
announce
another
major
BTC
purchase.

NEW:
Michael
Saylor
posted
his
BTC
purchase
tracker
again,
which
means
MicroStrategy
will
announce
another
HUGE

#Bitcoin
purchase
tomorrow.

SAYLOR
IS
THE
GOAT
????

pic.twitter.com/48RTgEE1ud

—
Nikolaus
Hoffman
(@NikolausHoff)

December
29,
2024

Noticeably,
MicroStrategy
has
acquired
additional
BTC
for
billions
of
dollars
in
recent
months,
with
these
following
such
hints.
The
company
announced
it

bought
27,200
BTC
worth
$2.03
billion
on
Nov.
10;
another
51,780
BTC
worth
$4.5
billion
on
Nov.
17
and
$5.32
billion
for
55,500
BTC
on
Nov.
24. 
The
company’s
buying
spree
also
saw
it

add
15,350
bitcoins
in
mid-December.

MicroStrategy
so
far
holds
444,262
BTC

Most
recently,
MicroStrategy
acquired
5,262
BTC
for
$561
million,
with
the
acquisition
announced
on
Dec.
23
indicating
the
company
bought
at
the
average
purchase
price
of
$106,662
per
bitcoin.
This
brought
the
total 
BTC
holdings
as
of
Dec.
22,
2024
to
444,262
BTC,
which
MicroStrategy
has
cumulatively
acquired
for
roughly
$27.7
billion
since
2020.

The
average
purchase
price
of
this
entire
haul,
its
dollar
cost
averaging,
stood
at
$62,257
per
bitcoin
at
the
time
of
writing.
Per

Saylor
portfolio
tracker,
the
company’s
holdings
stand
at
$42.16
billion
with
Bitcoin
price
hovering
near
$94,780.
Overall
profit
is
over
$14.5
billion.

Here’s
Saylor’s
latest
post
on
X:

Disconcerting
blue
lines
on

https://t.co/Bx3917zMqi.

pic.twitter.com/xPl4GTKU3E

—
Michael
Saylor⚡️
(@saylor)

December
29,
2024

Bitcoin
traded
above
$94k
on
Dec.
29,
holding
above
the
level
after
bears
rejected
bulls’
advances

near
the
$100k
level.
Earlier
this
month,
bulls
recovered
from
lows
of
$92k
–
having
suffered
the
massive
slump
from
above
the
all-time
high
of
$108k.

While
BTC
price
has
not
skyrocketed
amid
recent
MicroStrategy
buys,
the
market
is
extremely
bullish
amid
the
combination
of
the
buy
pressure,
spot
ETFs
demand
and
other
positive
catalysts.
Analysts
say
it
could
rally
to
$150k-$200k
in
2025.