MicroStrategy's Michael Saylor uploaded the same Bitcoin chart on five consecutive Sundays, and each time, MicroStrategy confirmed a new Bitcoin purchase the next day.
Michael Saylor, the mastermind behind MicroStrategy's Bitcoin investing strategy, revealed that the company purchased more over the weekend. This would be the firm's first buy, with an average purchase price of over $100,000.
In a December 15 post on X, Saylor questioned whether MicroStrategy's Bitcoin (BTC) portfolio tracker SaylorTracker was "missing a green dot," implying the firm had made another acquisition.
Saylor has released the SaylorTracker graphic on five consecutive Sundays since November 10, and each time, a Bitcoin purchase from MicroStrategy was confirmed the next day.
If Saylor's tip is confirmed for the sixth time, it would imply that MicroStrategy purchased its first Bitcoin batch at an average purchase price of more than $100,000. According to CoinGecko data, Bitcoin has not traded below six figures since 5:00 p.m. UTC on December 13.
According to SaylorTracker data, Saylor's business intelligence organization purchased Bitcoin for an average of $97,862, $95,976, and $98,783 over the last three Mondays from November 25 to December 9.
Another batch around the upper end of that range would put the firm within striking distance of a $50 billion Bitcoin portfolio. As of December 15, the corporation owned 423,650 Bitcoin, worth more than $43.6 billion.
It occurred just one day before Bitcoin achieved a new all-time high of $106,554.
Saylor stated that the firm would not stop buying anytime soon and that he was "sure" he would continue to acquire Bitcoin at $1 million.
According to Google Finance data, MSTR has been one of the Nasdaq's best-performing companies this year, up a whopping 496.4% year to date.
Its outstanding performance has won it a spot in the Nasdaq-100, a stock market index comprised of equity securities issued by 100 of the largest non-financial corporations listed on the Nasdaq.