Michael Saylor is Back in the Spotlight: Bitcoin Move Could Be Announced Tomorrow
Michael Saylor, founder of Strategy (formerly MicroStrategy), the company with the largest Bitcoin holding in the world, signaled that he will buy Bitcoin today as part of a Sunday tradition.
Saylor cited a chart showing each BTC purchase by the company as an orange dot, asking for “more orange to be posted” on the chart. This suggests that the company will announce that it will be purchasing BTC, likely tomorrow. The company has likely already made the purchase and will announce it tomorrow.
When we examine the statistics, we see that the company currently has a total of $61.81 billion worth of Bitcoin. The company theoretically made a 51.89% profit from these purchases. The purchases were made at an average of $70,046 and the company currently has 580,955 BTC.
Strategy announced its last BTC purchase exactly a week ago. Since the BTC price has been partially flat since then, we can say that the company only lost $91,288, or 0.12%, from this purchase.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








