Michael Seller Tip: New Bitcoin purchase of MicroStrategy
Date: 6 May 2025
Source: PANews
Michael Seller, founder of MicroStrategy recently commented on Bitcoin Tracker Updates:
"I don't think this reflects what I got done last week."
( ◜ I don't think it shows something that I completed last week.、)
This statement may indicate that the company has recently made a new purchase of Bitcoin, which is probably announced in the next days. MicroStrategy has been narrated that it usually announces its major Bitcoin purchases on the next day of relevant statements
At the moment the company has about 499,000 bitcoins, with a total worth of $27.9 billion, and the average purchase price is $62,473 per coin
Michael Seller's recent statement has sparked speculations in the crypto community that the company is potentially collecting more bitcoins, especially in a time when the market is waiting for the financial decisions of the feed and the upcoming CPI report
Conclusion:
This informal signal of the seller, reflects the confidence in the constant bitcoin of microstrategy. If the new purchase of the company is confirmed, it can have a positive impact on the crypto market, especially the current non-Q $BTC