Michael Saylor, the executive chairman of Strategy and an outspoken Bitcoin advocate, has once again set the crypto world abuzz. In his characteristic style, a recent social media post featuring Saylor in a tuxedo with an AI touch, emblazoned with the phrase “Make the Winning Bet,” has been widely interpreted as a strong hint that the company is preparing for its next significant Bitcoin acquisition. This comes as Strategy’s ambitious Bitcoin campaign, which began on August 11, 2020, marks its fifth anniversary, solidifying its place as one of the most prominent corporate holders of the digital asset.
Strategy’s conviction in Bitcoin is evident in its substantial holdings. The firm currently boasts an impressive 628.946 BTC, acquired at an average entry price of $73.288 per coin. At current market valuations, this extensive treasury translates to approximately $74.450.000.000,00, representing a remarkable stated gain of 61,52%. This consistent accumulation over half a decade underscores Saylor’s long-term vision for Bitcoin as a foundational asset.
The pattern of methodical accumulation has been clear throughout the summer. Strategy has consistently added to its Bitcoin reserves, with notable purchases including 10.100 BTC on June 16, 4.980 on June 30, 4.225 on July 14, 6.220 on July 21, and a substantial 21.021 BTC on July 29, followed by a smaller uptick of 155 BTC on August 11. The related cost basis for these extensive holdings stands at $46.094.194.448,00, while the latest market snapshot shows Bitcoin trading around $119.309. This strategic approach highlights a commitment to dollar-cost averaging into their positions.
For investors, Strategy’s Bitcoin strategy is directly reflected in its MSTR equity. Trading under the ticker MSTR, the company’s shares are priced at $366 per share, contributing to a market capitalization of $104 mil millones and an enterprise value of $115 mil millones. Significantly, Bitcoin comprises 71,7% of Strategy’s market capitalization, and the company’s Net Asset Value (NAV) multiple stands at 1,395. This premium indicates that the market typically values MSTR shares above the direct market value of its underlying Bitcoin holdings, a testament to Saylor’s ability to attract capital and the perceived value of holding Bitcoin through the MSTR structure.
While Saylor’s latest social media post doesn’t constitute an official filing, it aligns perfectly with his established pattern of signaling. The message is clear: Strategy’s policy remains unchanged – consistent accumulation of Bitcoin, with official disclosures to follow. As the firm celebrates five years of its pioneering Bitcoin campaign, the market anticipates that Saylor’s cryptic cues will continue to precede significant movements, reinforcing the company’s unwavering dedication to its digital asset strategy.
Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Investors should always conduct their own thorough research and consult with a qualified financial advisor before making any investment decisions in cryptocurrencies, which are highly volatile and speculative assets.
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