cyrpto Bitcoin, BTC, hints, holdings, Micheal, purchase, reach, Saylor Mark January 13, 2025 0 Comments

Micheal Saylor hints at another Bitcoin purchase as holdings reach 447,470 BTC

MicroStrategy executive and former CEO Michael Saylor hinted at another Bitcoin purchase via a cryptic tweet.

Saylor posted a screenshot referencing the “next green dot” on the Saylortracker graph, where each point represents one Bitcoin (BTC) acquisition. This suggestion comes as MicroStrategy’s Bitcoin holdings reach 447,470 BTC, currently valued at $42.24 billion.

The company’s most recent purchase was on January 6, 2025. That’s when the company added 1,070 BTC at an average price of $94,004 for $101 million. This latest acquisition is a continuation of MicroStrategy’s aggressive accumulation strategy, which has delivered excellent results in 2024.

According to Saylor’s previous tweet, MicroStrategy purchased 258,320 BTC throughout 2024 at an average price of $85,450, for a total of $22.07 billion. This buying spree generated a BTC return of 74.3%, pushing the company’s initial position of 189,150 BTC towards notable growth with additional holdings of 140,630 BTC. .

Saylor mentioned that this is equivalent to buying 385 BTC per day throughout the year. Saylortracker portfolio data reveals that MicroStrategy’s current investment has generated an unrealized return of 51.11%, representing paper profits of $14.28 billion.

$MSTR acquired 258,320 BTC for $22.07 billion (~$85,450/BTC) in 2024 and achieved a BTC return of 74.3%, starting the year with 189,150 BTC and achieving a BTC gain of 140,630 BTC (385/day). At $100,000/BTC, this translates to shareholder value creation of $14.06 billion for the year or $38.5 million/day.

– Michael Saylor⚡️ (@saylor) January 7, 2025

The company’s shares – trading under the ticker MSTR – are currently valued at $327.91, giving it a market cap of $80.59 billion and a net asset value premium of 1.91x based on 226 .14 million shares outstanding.

MicroStrategy’s accumulation pattern displayed across the green dots on the Saylortracker chart shows increased buying activity during market declines and rallies.

The chart shows the company’s cost averaging strategy, from its initial purchases at around $10,000 per Bitcoin in 2020 to recent acquisitions at prices approaching $100,000.

Saylor’s projection suggests that at a Bitcoin price of $100,000, the 2024 accumulation strategy alone would result in shareholder value creation of $14.06 billion, an average of $38. 5 million dollars a day.

The hint at further purchases indicates MicroStrategy’s continued confidence in its Bitcoin-focused cash strategy, despite BTC’s recent price decline to the $95,000 level.