Michael Saylor has once again signaled through social media that Strategy may be embarking on a new round of Bitcoin buying. The company's holdings chart shows that since 2020, Strategy has accumulated 843,738 BTC through 110 transactions, continuing its long-term Bitcoin treasury strategy.
A total of 843,700 BTC were purchased.
Saylor posted "Working Better" on X along with a chart of the company's Bitcoin holdings. The chart shows that Strategy did not make obvious market timing decisions based on price levels, but rather continued to increase its holdings during bull markets and pullbacks.
- Total purchases: 843,738 BTC
- Number of transactions: 110
- Average cost: $75,701
According to the data in the article, Strategy's current Bitcoin holdings are worth approximately $62.24 billion, which is about 2.55% lower than the book value corresponding to the average cost, with an unrealized loss of approximately $1.63 billion.
The strategy of buying at high levels remains unchanged.
The article states that even after Bitcoin briefly rose above $100,000, Strategy did not stop buying. This suggests that the company's current strategy focuses on expanding its holdings rather than adjusting its pace based on short-term fluctuations.
The report also mentioned that Bitcoin was trading at approximately $72,880.74 at the time of the article, down 1.25% on the day. During the same period, MSTR's stock price rose 4.91% to $159.09, indicating that stock performance and short-term cryptocurrency price fluctuations were not entirely synchronized.
A transfer of 411.48 BTC sparked discussion.
Rumors recently circulated that Strategy might have sold Bitcoin after the company transferred 411.48 BTC to Coinbase Prime, worth approximately $30.3 million at the time. This move subsequently sparked discussion about whether the company was adjusting its portfolio.
However, the article's overall assessment leans towards refuting speculation of a short-term sell-off, believing that Saylor's latest statement reinforces expectations of continued buying. Some community opinions also speculate based on this that Strategy may maintain a relatively rapid buying pace this year.
Additional information:The article also mentioned that as Bitcoin rebounded from its previous lows, the proportion of holders in a profitable state once rose to the range of 40% to 50%, before falling back to about 40%, indicating that market sentiment has not yet fully recovered.
