MicroStrategy’s Michael Saylor has hinted at one other Bitcoin acquisition in a cryptic tweet that additionally seemingly references President-elect Donald Trump’s inauguration.
“Issues will probably be totally different tomorrow,” Saylor tweeted Sunday. The assertion comes on the heels of MicroStrategy upping its Bitcoin (BTC) holdings to 450,000.
Fred Thiel, CEO of Bitcoin mining firm MARA Holdings, and his Vice President of Investor Relations Robert Samuels share an identical sentiment.
The pair posed for an image with Saylor on the so-called “Crypto Ball” on Jan. 17, an occasion meant to commemorate the return of Trump, now a crypto convert, to the White Home.
“Our group in partnership with [Saylor] met with the whole incoming cupboard of the Trump Administration. We’re enthusiastic about the way forward for mining within the US,” Samuels mentioned.
Will MicroStrategy add to its coffers?
The tweet, accompanied by a screenshot from Saylortracker, a platform that displays MicroStrategy’s Bitcoin purchases, carries explicit weight given Saylor’s current sample.
His final such trace on Jan. 12 was adopted by a purchase order the subsequent day of two,530 BTC at a median worth of $95,972 for $243 million.
And with Trump anticipated to make crypto-friendly govt orders, MicroStrategy’s Bitcoin buy technique will seemingly bode nicely for the software program technique agency.
Thus far, the Tysons Nook, Virginia-based agency inked a number of purchases 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 corporate’s Bitcoin portfolio has generated an unrealized 67.7% return on funding, representing paper earnings of $19.09 billion.
Eventually test on Sunday, Bitcoin is at the moment buying and selling at over $106,000. See under.
If Saylor’s trace turns into one other buy, it will additional strengthen MicroStrategy’s place as the most important company holder of Bitcoin.
The corporate’s aggressive acquisition technique has confirmed significantly worthwhile in current months, with most purchases since December displaying optimistic returns starting from 7.35% to 11.18%.
This potential new buy would comply with MicroStrategy’s acknowledged aim of constant to amass Bitcoin as a part of its company treasury technique.