Strategy founder Michael Saylor has reinforced expectations that the company may be on its way to further increasing its Bitcoin holdings by reposting data from its Bitcoin tracker.
Saylor used the phrase “green dot brings orange dot” in a social media post. As in previous years, Strategy’s public announcement of a Bitcoin purchase the day after such a post was interpreted by the market as a sign that another purchase announcement may be imminent.
According to the latest data shared, Strategy’s BTC portfolio is worth approximately $59.06 billion. The company holds a total of 671,268 BTC with an average purchase cost of $74,972. This represents an approximately 17.36% increase in the value of Bitcoin investments, resulting in over $8.7 billion in unrealized gains.
Comparing performance shows that strategy stocks have lagged Bitcoin over the past year. According to the data, Strategy has a negative relative performance of approximately 47 points compared to BTC. Despite this, the company continues to make purchases without deviating from its long-term Bitcoin strategy.
In its last purchase in mid-December, the company added 10,645 BTC to its portfolio at an average price of $92,098. At the time of writing, BTC price is trading at $87,909.
*This is not investment advice.
