Michael Saylor Keeps Going in the New Week Too: He Made a Bitcoin Announcement

MicroStrategy (Strategy) founder Michael Saylor shared the company’s Bitcoin Tracker data again and drew attention with the statement, “Orange dots are going up and to the right.” Saylor's statement was interpreted as a potential new buying signal, considering that, according to past experience, MicroStrategy usually announces new Bitcoin purchases the next day. The Company's Average BTC Purchase Price is Currently $73,913 According to the data shared, MicroStrategy's Bitcoin portfolio has reached 638,985 BTC. The portfolio's total value is $73.96 billion, with an average purchase price of $73,913. These figures represent a total profit of $26.7 billion (+56.60%) for the company. Related News: BitMEX Founder Arthur Hayes Claims Data in the US Points to a Major Bull Run in Cryptocurrencies The company has executed 79 different buy orders to date. Comparing performance over the past year, MicroStrategy's strategy yielded a 138.12% return, while Bitcoin's price increase remained at 82.05%. This means the company's buy order exceeded Bitcoin's return by 56.07 percentage points. At the time of writing, the BTC price is trading at $115,746 and has lost 0.15% of its value in the last 24 hours. *This is not investment advice. Continue Reading: Michael Saylor Keeps Going in the New Week Too: He Made a Bitcoin Announcement