Michael Saylor, founder of MicroStrategy (Strategy), once again shared the company’s Bitcoin tracker data, attracting attention with a statement that “the orange dots are rising and moving right.”
Saylor’s statement was interpreted as a potential new purchase signal, given that MicroStrategy would normally announce a purchase of new Bitcoin the next day, according to past experience.
The company’s average BTC purchase price is currently $73,913
According to shared data, MicroStrategy’s Bitcoin portfolio reached 638,985 BTC. The total portfolio is $739.6 billion, with an average purchase price of $73,913. These figures represent the company’s total profit of $26.7 billion (+56.60%).
The company has so far implemented 79 different purchase orders. Comparing performance over the past year, MicroStrategy’s strategy has resulted in a return of 138.12%, while Bitcoin’s price rise remained at 82.05%. This means that the company’s purchase order exceeded Bitcoin returns by 56.07 percentage points.
At the time of writing, the BTC price is trading at $115,746, losing 0.15% of its value in the last 24 hours.
*This is not investment advice.
