Michael Saylor Gives Another Bullish Signal That He Will Buy Bitcoin: Here’s How Much BTC He Currently Owns

Michael Saylor, one of the biggest Bitcoin bulls, hinted in his statement that he will buy $BTC again tomorrow, as a Sunday classic.

In this post, which he posts almost every Sunday, Saylor pointed to the “orange dots” that mark each purchase on a chart showing his company Strategy’s Bitcoin purchases, and said that “orange is his favorite color,” meaning that Strategy will likely be buying $BTC tomorrow.

On the other hand, with the $BTC price repeatedly breaking the all-time high price level record and the Strategy's assets also increasing, the company's current Bitcoin assets are a matter of curiosity.

According to the latest data, Strategy currently holds $60.83 billion worth of $BTC. The company paid approximately $40 billion in total for these assets, and with current data, they have made a profit of 50%, or $20 billion, from $BTC investors. Let us also remind you that these profits are not realized and that in the event of a sale, not all assets can be sold at the same price.

The company acquired these BTCs at an average price of $70,002, excluding the purchase to be announced tomorrow. At the time of writing, the $BTC price is trading at $104,764.

*This is not investment advice.