Strategy Bought Bitcoin? Saylor Breaks Silence with Iconic Line
2025-07-20 15:02:00
Main Idea
Michael Saylor's Bitcoin strategy and MicroStrategy's significant Bitcoin holdings are highlighted, alongside speculation about future acquisitions and market movements.
Key Points
1. Michael Saylor shared his Bitcoin strategy on X, referencing MicroStrategy's 601,550 BTC holdings at an average price of $71,269 per coin, with a 65% gain.
2. MicroStrategy's market cap is $119 billion, with Bitcoin making up nearly 60% of its value, and the NAV premium has risen to 1.67x.
3. Speculation surrounds whether MicroStrategy will announce another Bitcoin acquisition soon, as indicated by Saylor's orange-dot chart.
4. The article mentions other crypto-related news, including XRP's price prediction, a potential UK government Bitcoin sale, and JPMorgan's stance on crypto companies.
5. MicroStrategy's Bitcoin portfolio is valued at over $70.9 billion, raising questions about future moves in the crypto market.
Description
Strategy's Michael Saylor reacts to Bitcoin speculations with 2 sacral lines
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