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Saylor Posts MicroStrategy’s BTC Tracker: Another Buy?
In a recent tweet, Michael Saylor, CEO of MicroStrategy, posted the company’s Bitcoin price tracker. As of December 29, 2024, the tracker shows that the company’s holdings stand at an impressive $42.16 billion, with the Bitcoin price hovering near $94,780.
The data also reveals an overall profit of over $14.5 billion for MicroStrategy, which is a testament to Saylor’s unwavering faith in the cryptocurrency market. This latest update comes as Bitcoin continues to defy expectations and make steady gains.
Notably, this tweet is accompanied by a chart showing disconcerting blue lines on https://twitter.com/Bx3917zMqi, hinting that MicroStrategy may be considering another large-scale purchase. While there’s no direct confirmation from Saylor or the company, it’s clear that they remain committed to their Bitcoin strategy.
As we previously reported, Bitcoin traded above $94k on December 29, resisting bears’ attempts to push prices back below the psychological level of $100k. The market remains extremely bullish due to a combination of factors, including increased buy pressure, spot ETFs demand, and positive catalysts.
Some analysts are even predicting that BTC could rally as high as $150k-$200k in 2025, although such projections should be approached with caution. For now, investors remain optimistic about the cryptocurrency’s prospects.
What do you think? Should MicroStrategy continue buying Bitcoin, or will this surge mark a turning point? Share your thoughts in the comments below!
Source: coinjournal.net
