Michael Saylor Gives the Signal Again, May Announce Bitcoin Purchase Tomorrow – Here’s the Current Profit Amount and Average Purchase Price

Michael Saylor, founder of Strategy, the world's largest institutional Bitcoin buyer, signaled in his statement on X that he will buy Bitcoin again in the new week.

Sharing a chart from the SaylorTracker platform, which tracks Bitcoin purchases made by his company, Saylor had purchased BTC in all the weeks he shared this chart so far.

Saylor added the caption to his post, “It all started with a quarter-billion-dollar investment in Bitcoin,” a reference to his company’s first BTC purchase.

In fact, the weeks in which Strategy doesn't purchase Bitcoin are even more surprising. The company announces BTC purchases in almost weekly filings with the SEC. Additionally, news of capital increases to purchase BTC frequently surface.

Strategy currently holds $71.85 billion worth of Bitcoin. The company's purchases were made at an average price of $71,777. Considering the current price of BTC, which is around $118,000, the company has made a 64% profit on this investment.

However, the data showed that Strategy had not yet made a profit from the $739 million acquisition it made last Monday and was incurring a loss of approximately $4.4 million.

*This is not investment advice.