Michael Saylor, the man behind MicroStrategy’s Bitcoin investment strategy, hinted that they made a new Bitcoin purchase over the weekend. This may be the first purchase in which the company paid an average of over $100,000 for 1 Bitcoin.
Posting on 15 December on social media platform X, Saylor asked if SaylorTracker, MicroStrategy’s Bitcoin portfolio tracker, ‘missed a green dot’. This post indicates that the company may have made a new Bitcoin purchase.
Over the last five weeks, Saylor, who shared similar posts every Sunday, confirmed Bitcoin purchases the next day. If this trend materialises for the sixth time, it will be confirmed that MicroStrategy made a purchase at a price above $100,000 per Bitcoin.
>Bitcoin has not fallen below $100,000 since 13 December and reached a new all-time high of $106,554 as of 15 December. This suggests that MicroStrategy made its recent purchases at higher prices.
MicroStrategy paid an average of $97,862, $95,976 and $98,783 per Bitcoin in its previous purchases. If the last purchase was above these levels, it may have added a value of $ 50 billion to the firm’s total Bitcoin assets. The company currently holds 423,650 Bitcoins, putting the total value of these assets at $ 43.6 billion.
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