Data from Saylor's tracker reveals that Strategy currently owns 555,450 Bitcoins, valued at approximately $57.42 billion.
The recent price surge has led to a significant increase in Strategy's Bitcoin holdings, surpassing its average purchase price of $68,569.
Strategy's founder, Michael Saylor, revealed on May 9 that he believes Bitcoin has not yet reached the $150,000 level, as holders without a long-term perspective have been selling. At the same time, there are many investors looking to enter the market.
He added that he believes the market is currently undergoing a rotation. A group of economically uninterested parties is abandoning the asset. Meanwhile, many are testing the waters.
Saylor confirmed that a lot of Bitcoin, for various reasons, has been left in the hands of governments, lawyers, and bankruptcy trustees. Many investors also do not have a 10-year investment mindset. As the price of Bitcoin rises, they are taking advantage of it, believing this is a good time to exit for liquidity.
Bitcoin reached its all-time high of $109,000 on Inauguration Day for Trump, January 20. Since then, it has gradually declined to the $76,273 level seen on April 9, and has started to recover again.
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