As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a "bigger" one.
The message to the market is clear: Saylor & Co. are prepared to keep absorbing supply and buying more Bitcoin.
Why Michael Saylor сalling for "bigger bag" amid MSTR stock turbulence
At present, Strategy holds 718,722 $BTC, equivalent to approximately $48 billion in value. However, given an average purchase price near $76,000, Saylor and the company are sitting on an unrealized loss of about 12% on their position. Despite this, the company’s mNAV ratio remains around 1, while its adjusted enterprise value multiple is even higher: 1.256.
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