MicroStrategy’s Michael Saylor Hints at Bitcoin Purchase Above $100,000

MicroStrategy’s Michael Saylor Hints at Bitcoin Purchase Above $100,000

Michael Saylor, the architect behind MicroStrategy’s aggressive Bitcoin acquisition strategy, recently hinted that the firm made another Bitcoin purchase over the weekend—marking its first acquisition at an average price above $100,000.


On December 15, Saylor posted a message on X (formerly Twitter), asking if the company's Bitcoin portfolio tracker, SaylorTracker, was “missing a green dot.” This cryptic message, which has become a regular Sunday post for Saylor, has typically preceded official announcements of new Bitcoin purchases. Since November 10, Saylor has shared the SaylorTracker chart every Sunday, and each time, a new Bitcoin buy from MicroStrategy was confirmed the following day.


If the pattern holds true, this latest purchase would mean that MicroStrategy acquired Bitcoin at an average price exceeding $100,000, marking a significant milestone for the company. Bitcoin has not traded below six figures since December 13, 2024, according to CoinGecko data, so any recent purchase would likely place the average price above this threshold.


MicroStrategy’s Growing Bitcoin Portfolio

MicroStrategy’s Bitcoin accumulation continues at a rapid pace. Over the past month, the company confirmed purchases at an average price of $97,862, $95,976, and $98,783 for batches bought between November 25 and December 9, according to SaylorTracker. During these three buying rounds, the company spent between $1.5 billion and $5.7 billion to add to its Bitcoin holdings.


As of December 15, MicroStrategy’s total Bitcoin holdings reached 423,650 BTC, worth more than $43.6 billion at current market prices. With another batch potentially pushing the purchase price closer to $100,000 per coin, the firm is rapidly approaching a $50 billion Bitcoin portfolio.


Saylor has previously stated that MicroStrategy will continue acquiring Bitcoin regardless of price. In fact, he has expressed confidence that the firm will still be buying Bitcoin at prices as high as $1 million per coin in the future.


MicroStrategy’s Stock Soars

MicroStrategy's bet on Bitcoin has also had a notable impact on its stock price. Year-to-date, the company’s stock (MSTR) has surged an impressive 496.4%, according to Google Finance data. This stellar performance has earned MicroStrategy a spot in the prestigious Nasdaq-100 index, which includes 100 of the largest non-financial companies listed on the Nasdaq.


The company’s heavy investment in Bitcoin and its massive stock price appreciation reflect the growing influence of cryptocurrency on traditional markets. As Bitcoin continues to break records, MicroStrategy's unwavering commitment to the asset seems poised to benefit its shareholders even further.

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