Michael Saylor, one of the biggest Bitcoin Bulls, hinted in a statement that he would buy BTC again as a Sunday classic tomorrow.
In this post he posted almost every Sunday, Saylor pointed out the “orange dot.” This marked each purchase on a chart showing Bitcoin purchases for the company’s strategy, saying, “Orange is his favorite color.”
Meanwhile, the company’s current Bitcoin assets are a matter of curiosity as BTC prices repeatedly break record high price levels and strategic assets are also increasing.
According to the latest data, the strategy currently holds $60.8 billion worth of BTC. The company has paid about $40 billion in total for these assets, and with current data it has made 50% or $20 billion in profits from BTC investors. Also, remind us that these benefits have not been realized and that if a sale occurs, not all assets can be sold at the same price.
The company acquired these BTCs for an average price of $70,002, except for purchases announced tomorrow. At the time of writing, the BTC price is trading at $104,764.
*This is not investment advice.
