#Michael Saylor Hints at Bitcoin Purchase Again
Michael Saylor has again posted a Bitcoin Tracker chart showing the movement and activity of his Bitcoin (BTC) portfolio. This post is often seen as a signal that Strategy will soon buy Bitcoin again.
“It all started with a quarter of a billion Bitcoin,” Saylor stated in his post.
In the chart, orange dots mark each Bitcoin purchase, while the blue line shows the live and current Bitcoin price movement.
Strategy itself has been collecting Bitcoin since August 11, 2020, according to data from BitcoinTreasuries. To date, the company has amassed 580,250 BTC.
The total value of these crypto assets is now estimated at US$60.76 billion, with an average purchase price of US$69,979 per Bitcoin. This aggressive strategy continues to strengthen Strategy's position as the world's largest corporate Bitcoin holder.
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).