Michael Saylor hinted at a possible Bitcoin acquisition by MicroStrategy.
Michael Saylor has once again given the crypto community something to talk about with his company, Strategy (formerly MicroStrategy). Last Sunday, the entrepreneur posted a chart from Saylor's Bitcoin Tracker on social media, showing the company's Bitcoin purchases throughout its history.
The diagram shows that Strategy currently holds over 640,000 BTC. This amount is valued at approximately $69 billion at current market prices. The average acquisition price is approximately $74,000 per coin. Consequently, the company's profitability represents over 45% of its total asset value.
Saylor added a rather intriguing comment to his chart: “The most important orange dot is always the next one!” This sparked a flurry of discussion among investors. The community interpreted this hint as a harbinger of a new acquisition. Similar cryptic posts have previously signaled upcoming acquisitions. Last week, Strategy indeed increased its holdings by 220 BTC, valued at $27.2 million.
According to BitcoinTreasuries.Net, Strategy remains the largest corporate investor in Bitcoin, controlling approximately 2.5% of all BTC in circulation.
This figure exceeds the combined reserves of the 15 largest public companies and mining enterprises. MARA Holdings (Marathon Digital) ranks second by asset volume with 53,250 BTC. XXI (CEP) ranks third with 43,514 BTC.
In total, the largest public companies own over 900,000 BTC. Riot Platforms, CleanSpark, Coinbase, and Tesla also stand out. Despite market pressure and a recent decline in market capitalization, the market's largest institutions are not abandoning their strategy. They continue to view Bitcoin as a significant strategic financial asset.
Source: cryptonews.net
