đ Michael Saylor returns with his Bitcoin chart: A pause or just catching his breath to buy more?
After a week of "rest" (read: a brief pause in his mission to accumulate Bitcoin as if there were no tomorrow), Michael Saylor, co-founder of Strategy, posted his classic Sunday BTC chart again. And as a true maximalist, he left a pretty clear hint about whatâs coming next: more buys.
đ "Death to the blue lines. Long live the green dots," Saylor wrote on X, which we can only interpret as a poetic ode to the most aggressive Dollar Cost Averaging (DCA) strategy in corporate history.
đ° Strategy and its "modest" BTC stack
According to SaylorTracker data, the company now holds 471,107 BTC, worth about $45.3 billion. Its last purchase, on January 27, added 10,107 BTC to the treasury.
Strategy continues with its plan to turn its balance sheet into a modern version of the gold standard, betting on Bitcoin as its ultimate corporate reserve asset.
đĽ New name, same goal: buy more Bitcoin
On February 5, MicroStrategy decided that its name no longer sufficiently reflected its devotion to BTC, so it rebranded as "Strategy" and adopted Bitcoinâs logo as its official emblem. Not subtle.
According to CEO Phong Le, this new identity strongly and clearly sums up their focus on the two most transformative technologies of the 21st century: Bitcoin and artificial intelligence. In other words, HODL with AI included.
On the same day, Strategy also released its Q4 2024 financial report, showing:
đ Software revenue: $120.7 million (-3% YoY)
đ¸ Quarterly loss: $640 million
đ BTC accumulated: +195 BTC in Q4, the largest quarterly increase to date
It seems the strategy is clear: if the software business doesnât take off, thereâs always more Bitcoin to buy.
đ Whatâs coming in 2025? Saylor is clear about it
According to Strategy, the Bitcoin landscape in 2025 could become even more bullish thanks to these factors:
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Clearer regulations in the U.S.
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Greater political support for BTC
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Evolution of Bitcoin ETFs
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More institutional adoption
Meanwhile, Strategyâs shares are trading at $327 each, a -40% drop from their ATH of $543 in November 2024. However, the company remains above its 200-day exponential moving average (EMA), keeping it on solid ground.
In other words, Saylor isnât just convinced that Bitcoin is the best bet, heâs probably looking at the current price thinking, "What if we buy a little more?" đ
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