Michael Saylor, the founder of Strategy, has once again provided the public with an update on the “Bitcoin Tracker.”
In his recent post, Saylor referred to the term “orange century,” where the color orange symbolizes Bitcoin acquisitions shown in the accompanying chart.
Historically, following such updates, Strategy tends to release official data regarding its Bitcoin reserves. This pattern has led market participants to anticipate a potential announcement of additional Bitcoin purchases in the near future.
Currently, Strategy holds a total of 717,131 BTC. The market value of this holding is roughly $48.49 billion. The average price at which these Bitcoins were acquired stands at $76,027 each. Given that Bitcoin’s current price has dropped to $67,609, Strategy’s position is trading below its average cost basis—reflecting an unrealized loss close to 11%, amounting to over $6 billion.
A notable contrast appears when comparing performance metrics: while major tech companies such as Alphabet, NVIDIA, and Tesla have experienced significant gains over the past year, Bitcoin’s value declined by approximately 29.8% during that same timeframe. Meanwhile, shares of Strategy suffered an even steeper fall exceeding 56% overall.
The volatility picture mirrors this trend as well. Over the last twelve months data shows that Strategy shares exhibit extreme volatility above 104%. In comparison,BTC maintained a volatility rate around 61.6%, whereas large corporations like Microsoft,META,and NVIDIA displayed considerably lower fluctuations.
An analysis of recent trading activity indicates that despite these setbacks,purchases persisted throughout January and February across various price points.This behavior suggests that Strategy continues employing a dollar-cost averaging strategy for accumulating Bitcoin holdings.
Please note: This content does not constitute investment advice.