Strategy’s Bitcoin stash now exceeds 592,000 coins, valued at $64.28 billion based on current market prices.
The company has seen over $22 billion in unrealized profits due to Bitcoin’s continued rise above $100,000.
Chairman Michael Saylor’s posts consistently precede Strategy’s Bitcoin buys, hinting at a likely Monday announcement.
Michael Saylor, chairman of Strategy, has shared a new update highlighting the company’s growing Bitcoin portfolio, now valued at $64.28 billion. The latest disclosure includes a detailed snapshot of holdings totaling 592,345 BTC, with an average cost of $70,681 per coin. This post closely follows the pattern Saylor has maintained before Bitcoin purchases, typically announced on Mondays.
On June 22, Strategy acquired 245 BTC, using the same style of announcement just ahead of the market open. This trend of Sunday disclosures has become a recurring signal for upcoming buys. With Bitcoin currently trading above $100,000, the firm’s position has appreciated significantly, with over $22 billion in unrealized gains.
https://twitter.com/saylor/status/1939293144014606543
The current market environment, coupled with Saylor’s latest post, points toward a potential new acquisition.
Holdings Represent 60% of Firm’s Market Cap
The company’s overall market capitalization now stands at $107.2 billion. Nearly 60% of that value is directly linked to its Bitcoin holdings. Since early June, Strategy has added more than 11,000 BTC to its balance sheet. The consistent accumulation strategy reflects the company’s view of Bitcoin as a long-term reserve asset rather than a speculative trade.
Saylor’s message carried a tone emphasizing the strategic nature of Bitcoin in the firm’s financial framework. It underscored the company’s vision of Bitcoin not just as a store of value but as a core component of its treasury planning. The message appeared to reaffirm Strategy’s 21-year holding horizon for Bitcoin, distancing the move from short-term price movements.
Based on past behavior, the timing and content of the latest update indicate that Strategy could disclose another Bitcoin acquisition as soon as Monday. While no official confirmation has been made, the company’s pattern of disclosures strongly suggests further expansion of its Bitcoin reserves.
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