Micheal Saylor hints at another Bitcoin purchase as holdings reach 447,470 BTC

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As an analyst, I’ve noticed that Michael Saylor, a seasoned executive and previous CEO of MicroStrategy, seems to be suggesting another Bitcoin acquisition through a cryptic tweet.

Saylor shared an image highlighting the “upcoming green mark” on his Saylortracker graph, with each dot symbolizing a Bitcoin (BTC) purchase. This recommendation follows MicroStrategy’s accumulation of 447,470 BTC, currently estimated to be worth approximately $42.24 billion.

Thinking about the next green dot on .

— Michael Saylor⚡️ (@saylor) January 12, 2025

On January 6, 2025, I was part of a team that made a significant addition to our company’s crypto holdings. We purchased 1,070 Bitcoins at an average price of approximately $94,004 each, totaling around $101 million. This latest acquisition is another step in our strategic approach to accumulate aggressively, a strategy that proved successful for us in 2024.

Based on Saylor’s previous tweet, MicroStrategy acquired a total of 258,320 Bitcoins throughout the year 2024, spending an average price of about $85,450 per Bitcoin. This massive purchase amounted to approximately $22.07 billion. This strategic move yielded a significant return of 74.3% in Bitcoin terms, causing the company’s initial Bitcoin holdings of 189,150 Bitcoins to significantly grow, with an additional 140,630 Bitcoins added to its portfolio.

According to Saylor, this is like purchasing approximately 385 Bitcoins every day for an entire year. Data from the Saylortracker shows that MicroStrategy’s current investment has yielded a 51.11% unrealized return, equating to potential profits of around $14.28 billion on paper.

In simple terms, in 2024, MSTR purchased approximately 258,320 Bitcoins for a total cost of about $22.07 billion, which equates to roughly $85,450 per Bitcoin. This move led to a BTC Yield of 74.3%. They started the year with 189,150 Bitcoins and ended up with an additional 140,630 Bitcoins, which translates to a daily gain of about 385 Bitcoins.

If we assume that each Bitcoin is worth $100,000, this means that MSTR created approximately $14.06 billion in shareholder value for the year or around $38.5 million per day.

— Michael Saylor⚡️ (@saylor) January 7, 2025

At the present moment, the company’s stocks, represented by the symbol MSTR, are priced at approximately $327.91 each. This valuation translates to a market capitalization of around $80.59 billion. Additionally, due to 226.14 million outstanding shares, the company enjoys a net asset value premium of roughly 1.91 times its worth.

The pattern of MicroStrategy’s amassing strategy, represented by the green dots on the Saylortracker graph, indicates that they have been actively purchasing more of their crypto assets not just during market rises, but also during market downturns.

The diagram illustrates how the firm implemented its dollar-cost averaging approach, starting with investments of approximately $10,000 per Bitcoin back in 2020, and more recent purchases priced close to $100,000 each.

According to Saylor’s calculations, if Bitcoin reaches $100,000 by 2024, the accumulation strategy they’ve outlined would generate around $14.06 billion for their shareholders – that’s roughly $38.5 million per day on average.

As an analyst, I can express that my observations point towards MicroStrategy’s unwavering faith in their Bitcoin-centric treasury approach, even amidst a recent dip in Bitcoin’s value to approximately $95,000, as suggested by their indication of future Bitcoin acquisitions.

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2025-01-12 23:42