Michael Saylor, founder and chairman of Strategy, once again shared the company’s Bitcoin purchase data on social media platform X, giving a new buy signal.
Saylor used the phrase “The Second Century Begins” in her post, and given similar posts in the past, the company is expected to announce a new BTC purchase tomorrow.
According to the latest data, Strategy’s total Bitcoin reserves are valued at $48.54 billion. The company holds 720,737 BTC, with an average purchase cost of $75,985. Due to the decline in Bitcoin prices, Strategy’s portfolio is currently experiencing an unrealized loss of approximately 11.37%, amounting to approximately $6.22 billion. The company has completed a total of 101 separate purchase transactions to date.
On the other hand, the shared performance data reveals a recent divergence between major technology companies and Bitcoin and Strategy shares. Over the past year, Alphabet has risen by 80%, Tesla by 78.6%, and NVIDIA by 66.2%; while Bitcoin has lost 16.6% and Strategy shares have fallen by 53.5%.
Volatility data also shows that Strategy and Bitcoin have higher volatility compared to traditional technology stocks. In the last 30-day volatility ranking, Strategy is in first place with 64.1%, while Bitcoin is in second place with 46.8%. These rates are higher than the volatility levels of major technology companies such as NVIDIA, Apple, and Tesla.
*This is not investment advice.
