Michael Saylor, chief executive and former CEO of MicroStrategy, hinted at another Bitcoin purchase via a cryptic tweet.
Saylor posted a screenshot referring to the “next green dot” on the Saylortracker chart, where each dot represents a Bitcoin (BTC) construction. The recommendation comes as MicroStrategy's Bitcoin holdings reach 447,470 BTC, with a current value of $42.24 billion.
The company's most recent purchase occurred on January 6, 2025. This is when the company added 1,070 BTC at an average price of $94,004 for $101 million. This latest acquisition follows MicroStrategy's aggressive acquisition strategy, which paid off well in 2024.
According to Saylor's earlier tweet, MicroStrategy bought 258,320 BTC throughout 2024 at an average price of $85,450, worth $22.07 billion. .
Saylor said this equates to buying 385 BTC per day throughout the year. Saylortracker portfolio data indicates that MicroStrategy's current investment has generated an unrealized return of 51.11%, representing paper profits of $14.28 billion.
The company's shares – trading under the ticker MSTR – are currently valued at $327.91, giving it a market capitalization of $80.59 billion and a price to net asset value of 1.91x based on 226.14 million shares outstanding.
MicroStrategy's rally pattern is displayed through the green dots on the Saylortracker chart showing increased buying activity during both market declines and rallies.
The chart shows the company's dollar cost averaging strategy from their first purchases at around $10,000 per Bitcoin in 2020 through their recent acquisitions at prices close to $100,000.
Saylor's projection suggests that, at a Bitcoin price of $100,000, the 2024 accumulation strategy alone would translate into $14.06 billion in shareholder value creation, averaging $38.5 million per day.
The announcement of further purchases reflects MicroStrategy's continued confidence in its Bitcoin-focused financial strategy, despite the recent BTC price drop to the $95,000 level.
