Strategy Bought Bitcoin? Saylor Breaks Silence with Iconic Line

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.