Michael Saylor from MicroStrategy has hinted at another Bitcoin pick-up in a cryptic tweet that also seems to be referring to the inauguration of President-elect Donald Trump.
“Things will be different tomorrow,” Saylor fall Sunday. The statement comes on the heels of MicroStrategy up a Bitcoin (BTC) holdings to 450,000.
Fred Thiel, CEO of Bitcoin mining company MARA Holdings, and his Vice President of Investor Relations Robert Samuels share a similar sentiment.
The pair posed for a photo with Saylor at the so-called “Crypto Ball” on January 17, an event meant to celebrate the return of Trump, who is now crypto. convertto the White House.
“Our team in partnership with (Saylor) met with the entire incoming cabinet of the Trump Administration. We are excited about the future of mining in the US,” said Samuels.
Will MicroStrategy add to its coffers?
The tweet, accompanied by a screenshot from Saylortrackera platform that monitors Bitcoin purchases at MicroStrategy, carries a special weight due to the recent Saylor pattern.
His last announcement on January 12 was followed by next day purchases of 2,530 BTC at an average price of $95,972 for $243 million.
And with the expectation that Trump will make crypto-friendly executive ordersMicroStrategy's Bitcoin buying strategy is likely to be a good one for the software strategy company.
So far, the Virginia-based company at Tysons Corner has made several acquisitions since December 2024:
- January 13: 2,530 BTC at $95,972 ($243 million)
- January 6: 1,070 BTC at $94,004 ($101 million)
- December 30: 2,138 BTC at $97,837 ($209 million)
- December 23: 5,262 BTC at $106,662 ($561 million)
- December 16: 15,350 BTC at $100,386 ($1.5 billion)
- December 9: 21,550 BTC at $98,783 ($2.1 billion)
- December 2: 15,400 BTC at $95,976 ($1.5 billion)
The company's Bitcoin portfolio has generated an unreal return of 67.7% on investment, representing paper profits of $19.09 billion.
At the last check on Sunday, Bitcoin is currently trading at over $106,000. See below.
If Saylor's announcement turns into another buy, it would strengthen MicroStrategy's position as the largest corporate holder of Bitcoin.
The company's aggressive acquisition strategy has been particularly profitable in recent months, with most acquisitions since December showing positive returns between 7.35% and 11.18%.
This new purchase would follow MicroStrategy's stated goal to continue acquiring Bitcoin as part of its corporate finance strategy.
