Big Bull Michael Saylor Releases Anticipated Bitcoin (BTC) Message
Big bull Michael Saylor, in a new post shared on Bitcoin Tracker, reinforced expectations that Strategy may be preparing to increase its Bitcoin holdings again this week.
Saylor used the phrase “₿Big Orange” in a social media post. The orange dots on Strategy Tracker charts typically represent Bitcoin accumulation points, leading to interpretations that a new buy announcement might be imminent. In the past, Strategy has typically released official announcements regarding BTC purchases the day after such signals.
As of today, Strategy’s Bitcoin reserves stand at 673,783 BTC. The company’s total Bitcoin reserve value is estimated at $61.21 billion, with an average cost of $75,026. Currently, Strategy’s BTC position has yielded approximately a 21.09% return, equivalent to a monetary increase of $10.66 billion. As of the same date, the company’s cash reserves are recorded at $2.25 billion.
On the performance side, there is a striking divergence. Over the past year, Strategy shares have declined by approximately 52.09%, while Bitcoin’s decline has been limited to 3.91%. This shows that Strategy’s share performance exhibits a negative relative performance of 48.19 points compared to BTC.
*This is not investment advice.
