Michael Saylor appears to be preparing to accumulate more Bitcoin after purchasing 10,624 BTC in the past week, with a total value of $963 million, at an average price of $90,615/BTC. This transaction increases the total Bitcoin holdings of the company to 660,624 BTC, currently valued at approximately $58.97 billion based on market prices.
Historical data shows that since 2020, Strategy has made 89 Bitcoin purchases, with the marked transactions on the chart yielding an unrealized profit of about 19.5%, with an average cost basis of $74,696/BTC.
This is Strategy’s largest Bitcoin purchase in many months, indicating that the company is returning to a strong accumulation strategy as BTC trades around the $90,000 mark. This move not only consolidates Strategy’s position as one of the largest Bitcoin holders in the world but also helps drive positive developments for the MSTR stock on the market.
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Michael Saylor continues to signal accumulation of Bitcoin
Michael Saylor appears to be preparing to accumulate more Bitcoin after purchasing 10,624 BTC in the past week, with a total value of $963 million, at an average price of $90,615/BTC. This transaction increases the total Bitcoin holdings of the company to 660,624 BTC, currently valued at approximately $58.97 billion based on market prices.
Historical data shows that since 2020, Strategy has made 89 Bitcoin purchases, with the marked transactions on the chart yielding an unrealized profit of about 19.5%, with an average cost basis of $74,696/BTC.
This is Strategy’s largest Bitcoin purchase in many months, indicating that the company is returning to a strong accumulation strategy as BTC trades around the $90,000 mark. This move not only consolidates Strategy’s position as one of the largest Bitcoin holders in the world but also helps drive positive developments for the MSTR stock on the market.