Michael Saylor, the founder of Strategy, has heightened speculation regarding a potential increase in the company’s Bitcoin assets by sharing data from Bitcoin Tracker.
In a recent social media update, Saylor mentioned “Green Dots Bring Orange Dots.” Historically, such statements have been followed by official announcements from Strategy about new Bitcoin acquisitions shortly thereafter, leading market observers to believe that another purchase could be on the horizon.
The most recent figures indicate that Strategy’s Bitcoin holdings are valued at around $59.06 billion. The firm possesses 671,268 BTC with an average acquisition cost of $74,972. This suggests an approximate appreciation of 17.36% in their Bitcoin investments and unrealized profits exceeding $8.7 billion.
When comparing performance metrics over the past year, it appears that Strategy’s stock has underperformed relative to Bitcoin itself. Data reveals a negative performance gap of roughly 47 points when measured against BTC. Nevertheless, the company remains committed to its long-term strategy for acquiring more Bitcoins without any signs of retreating.
In its latest transaction in mid-December, Strategy purchased an additional 10,645 BTC at an average price point of $92,098 per coin. As this report is being drafted, BTC is trading at approximately $87,909.
*This should not be considered as investment advice.