Saylor’s statement was interpreted as a potential new buying signal, considering that, according to past experience, MicroStrategy usually announces new Bitcoin purchases the next day.
The Company’s Average BTC Purchase Price is Currently $73,913
According to the data shared, MicroStrategy’s Bitcoin portfolio has reached 638,985 BTC. The portfolio’s total value is $73.96 billion, with an average purchase price of $73,913. These figures represent a total profit of $26.7 billion (+56.60%) for the company.
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The company has executed 79 different buy orders to date. Comparing performance over the past year, MicroStrategy’s strategy yielded a 138.12% return, while Bitcoin’s price increase remained at 82.05%. This means the company’s buy order exceeded Bitcoin’s return by 56.07 percentage points.
At the time of writing, the BTC price is trading at $115,746 and has lost 0.15% of its value in the last 24 hours.
*This is not investment advice.
Continue Reading: Michael Saylor Keeps Going in the New Week Too: He Made a Bitcoin Announcement
