Michael Saylor hints at Strategy’s 100th Bitcoin buy

7 hours ago

Bitcoin-treasury steadfast Strategy has accumulated 717,131 Bitcoin since August 2020, and has made 99 Bitcoin purchases to date.

Michael Saylor’s Bitcoin treasury steadfast Strategy is acceptable to marque its 100th Bitcoin purchase, according to hints from its chairman, astir six years aft embarking connected its Bitcoin-buying travel successful 2020.

In an X station connected Saturday, Saylor shared a screenshot of a illustration from StrategyTracker, a determination helium often makes to bespeak an upcoming Bitcoin purchase with the caption: “The Orange Century.”

To date, Strategy has made a full of 99 Bitcoin purchases since 2020, according to information from its website, meaning its adjacent acquisition volition beryllium its 100th buy.

Strategy has shown nary signs of slowing down its accumulation successful 2026 contempt the challenging marketplace conditions. It has purchased BTC for the past 12 weeks consecutively, and different imaginable bargain this week could bring that tally to 13.

Strategy presently holds 717,131 BTC astatine an mean outgo of $76,027 per coin. Its cost ground precocious turned antagonistic amid a falling BTC price, with the plus sitting astatine astir $64,700 astatine the clip of writing.

Changes since Strategy’s archetypal BTC purchase

Saylor, a erstwhile Bitcoin skeptic, was the driving unit down the firm’s archetypal Bitcoin purchase, totaling $250 cardinal successful August 2020.

Strategy dived into the Bitcoin abstraction to usage BTC arsenic an ostentation hedge and store of worth to support the firm’s treasury. The determination was besides portion of a propulsion to maximize and support shareholder worth implicit time.

In the astir six years since its archetypal purchase, Strategy has go the world’s largest nationalist holder of Bitcoin. It has inspired a agelong database of firms to follow akin strategies and pivot to becoming integer plus treasury firms.

According to data from Yahoo Finance, Strategy’s stock terms has accrued by astir 950% since it made its archetypal acquisition backmost successful 2020, rising from astir $12.44 to $131.05 astatine the clip of writing.

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