A Rare Post from Michael Saylor: Will They Buy Bitcoin This Week?
MicroStrategy (Strategy) founder Michael Saylor shared an update on his Bitcoin Tracker, suggesting the company hadn't made any new Bitcoin purchases this week. “No new orange dots this week,” Saylor wrote. “Just a $9 billion reminder of why we should hold for the long term.”
According to the data, MicroStrategy's Bitcoin portfolio currently stands at 640,031 BTC. The portfolio's total value is $78.9 billion, with an average cost of $73,983. After the company's 81 purchases over the entire period, the portfolio's total profit is approximately $31.5 billion, representing a 66.62% gain.
No new orange dots this week — just a $9 billion reminder of why we HODL. pic.twitter.com/P84m14WF3G
Saylor's company, MicroStrategy, typically announces an acquisition every week, but weeks without any acquisitions are not uncommon. The company typically announces an acquisition the week following a week without any acquisitions. However, Michael Saylor has never hinted at a weekly acquisition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New Prospects in Higher Education Fueled by Technological Advancements
- Higher education is rapidly transforming through STEM programs aligned with labor market demands, driven by tech innovation and workforce shortages. - AI and EdTech tools bridge gaps in skill development, with global EdTech revenue projected to surge from $277B to $907B by 2034. - Institutions integrating AI report 20-75% ROI improvements, while platforms like OpenClassrooms demonstrate scalable workforce-aligned education models. - Challenges include high costs and access disparities, but U.S. STEM work
How Zero Knowledge Proof Functions Through Its Four-Layer Network Structure
Inside the rise of institutional tokenization: key insights from Brickken’s AMA
The Revival of Industrial Properties in Webster, NY After the Xerox Era
- Webster , NY, is transforming its former Xerox campus into a high-tech industrial hub via a $9.8M FAST NY grant and private investments. - Infrastructure upgrades, including road realignment and sewer expansion, aim to create 250+ jobs and attract firms like fairlife® by 2026. - Residential property values rose 10.1% annually, while zoning reforms reduced industrial vacancy to 2%, showcasing infrastructure-driven economic synergy. - The project aligns with R.W. McNeel’s principles of long-term value crea
Trending news
MoreCrypto prices
More
