Big Bull Michael Saylor Makes Another Anticipated Statement About Bitcoin – Announcement Expected Tomorrow
Strategy founder Michael Saylor has once again shared an update to the “Bitcoin Tracker” with the public.
Saylor used the phrase “orange century” in her post. The orange color refers to Bitcoin purchases in the shared graph.
Based on past examples, the company usually releases official Bitcoin reserve data immediately after such announcements. Therefore, expectations are strengthening in the markets that Strategy may announce an additional purchase in the coming week.
As of today, the company’s total Bitcoin holdings stand at 717,131 BTC. This reserve has a total market value of approximately $48.49 billion, with an average purchase cost of $76,027. Due to the decline in Bitcoin price to $67,609, Strategy’s current position is below the average cost, indicating an unrealized loss of approximately 11% (over $6 billion).
Related News: Bitdeer, the World's Largest Bitcoin Mining Company, Sold All Its BTC
A striking picture emerges when comparing performance. While technology giants like Alphabet, NVIDIA, and Tesla have recorded strong increases in the last year, Bitcoin has lost approximately 29.8% of its value during the same period. The decline in Strategy shares was even sharper, with a total decrease exceeding 56%.
A similar picture emerges in terms of volatility. According to data from the past year, Strategy shares top the list with volatility exceeding 104%. Bitcoin’s volatility remained at 61.6% during the same period, while large companies like Microsoft, Meta, and NVIDIA rank with lower volatility rates.
An examination of the company’s recent trading history reveals that purchases continued despite the decline. Purchases made at different price levels in January and February indicate that Strategy is continuing its dollar-based cost-averaging approach.
*This is not investment advice.
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