Michael Saylor Gave a Bullish Signal That He Will Buy Bitcoin Again: Here is the Current Amount of BTC He Holds!

Bitcoinsistemi
BTC-2,3%
A-2,46%

Michael Saylor, one of the biggest Bitcoin bulls, hinted in a statement that he would again buy BTC tomorrow as a classic of Sunday.

In this weekly share he conducts almost every Sunday, Saylor referred to the “orange dots” marking each purchase on a graph showing the Bitcoin buyouts of his company, Strategy, and stated that “orange is his favorite color.” This likely means that Strategy will probably make a BTC purchase tomorrow.

On the other hand, with the BTC price repeatedly breaking its all-time high price record and the increase in the assets held by Strategy, the company’s current Bitcoin assets are being wondered about.

According to the latest data, Strategy currently holds BTC worth $60.83 billion. The company paid a total of approximately $40 billion for these assets and, with the current data, has made a profit of 50%, or $20 billion, from BTC investors. It should also be noted that these profits have not been realized and that not all assets can be sold at the same price in the event of a sale.

The company acquired these BTC at an average price of $70,002, not counting the buy out that will be announced tomorrow. At the time this article was written, the BTC price is trading at $104,764.

*This is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel now for exclusive news, analyses, and on-chain data! Also, start live price tracking immediately by downloading our Android and IOS applications!

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)