Michael Saylor’s latest social media sharing fueled speculation that he could indicate a new Bitcoin purchase. Saylor’s company Strategy (formerly Microstrategy) is known for implying Bitcoin purchases with mysterious shares and graphics. This time it seems to be a similar model.
Strategy’s Bitcoin Strategy and Purchasing Habits
Strategy currently has a total of 471,107 Bitcoin and the total value of these assets exceeds $ 45 billion. The company had purchased 10,107 BTC at the end of January. The average price in this purchase was $ 105,596 per coin.
Strategy uses various methods to finance its ITS. Convertible bonds and debt tools are one of them. The average purchase price per Bitcoin of the company is 64,500 dollars. Thanks to these investments, it has gained unexpected profit of approximately $ 15 billion. Given Bitcoin’s importance in the company strategy, it is highly expecting new purchases in market decreases.
Financial situation and future expectations
Although Strategy’s brave Bitcoin strategy attracted attention, the company announced a net loss of $ 670.8 million in the last quarter. Expenditures reached $ 1.1 billion, and this amount was shown as part of the firm’s three -year Bitcoin investment target of $ 42 billion. So far, $ 20 billion of this target has been used.
The revenues of the company also remained below expectations and decreased by 3 %on an annual basis and realized slightly above $ 120 million. However, despite all these difficulties, Strategy continues its determined stance on long -term Bitcoin investment and continues to see Bitcoin as a value -storage tool.
Market conditions and Bitcoin price
Bitcoin’s price fell by 11 %from the $ 108,786 summit in January and fell to $ 96,000. This decline was triggered by Donald Trump’s new tariffs that he put into practice during his presidency shaking the markets.
Investors are concerned about the increase in uncertainties related to risky assets such as Bitcoin. However, considering that Michael Saylor has a clue for new purchases, this move can re -change market dynamics. Saylor’s mysterious shares can be a harbinger of great mobility in the crypto world!
