Michael Saylor, the founder of Strategy Inc., known for his aggressive Bitcoin investment strategy, has shared another mysterious Bitcoin update on social media.
Given Saylor’s past posts, such an announcement would typically lead to the company announcing new Bitcoin purchases the next day. This has investors speculating that another acquisition announcement may be forthcoming.
Thaler described the latest buy signal as a “big week.”
According to current data, Strategy’s Bitcoin portfolio has reached a value of $61.19 billion. The company holds a total of 641,692 BTC with an average price of $74,079. At current prices, the portfolio’s return would be 28.72%, or approximately $13.65 billion.
Looking at performance comparisons, Strategy’s portfolio performance has continued to lag Bitcoin over the past year. The return of the Strategy Portfolio was -41.36% year-on-year, while the return of Bitcoin was +6.08%. This suggests that the company’s relative performance is 47.44 points lower than BTC.
Two days ago, Saylor said in an interview with CNBC that “we are buying quite a bit” as the market crash deepens, and told investors that new BTC purchases would be announced on Monday. “We are accelerating our purchases and investors may be in for a pleasant surprise,” he said, suggesting the company will continue its aggressive purchasing strategy.
*This is not investment advice.
