Crypto NewsBitcoinBig Bull Michael Saylor Gives the Expected Bitcoin Signal This Week Too

Big Bull Michael Saylor Gives the Expected Bitcoin Signal This Week Too

Michael Saylor, the founder of Strategy, known for his large Bitcoin purchases, made his traditional weekly post.

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Strategy founder Michael Saylor has reinforced expectations that the company may be heading for another increase in its Bitcoin holdings by reposting Bitcoin Tracker data.

Saylor used the phrase “Green Dots Bring Orange Dots” in a social media post. As in previous examples, Strategy’s official announcement of Bitcoin purchases a day after such posts was interpreted in the market as a sign that a new purchase announcement might be imminent.

According to the latest data shared, Strategy’s BTC portfolio is worth approximately $59.06 billion. The company holds a total of 671,268 BTC, with an average purchase cost of $74,972. This indicates an approximate 17.36% increase in value on Bitcoin investments and over $8.7 billion in unrealized gains.

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Performance comparisons show that Strategy shares have lagged behind Bitcoin over the past year. According to the data, Strategy has shown a negative relative performance of approximately 47 points compared to BTC. Despite this, the company continues its purchases without deviating from its long-term Bitcoin strategy.

In its last purchase in mid-December, the company added 10,645 BTC to its portfolio at an average price of $92,098. At the time of writing, the BTC price is trading at $87,909.

*This is not investment advice.

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