MicroStrategy, a business intelligence firm known for its ambitious Bitcoin strategy, may have reached a key milestone with its recent acquisition. On December 15, Michael Saylor, the company’s executive chairman and Bitcoin supporter, hinted at a potential new acquisition. In a mysterious statement on social media, Saylor inquired whether their Bitcoin portfolio tracker, SaylorTracker, was “missing a green dot,” a signal that has frequently preceded official buy confirmations.
If confirmed, this would be MicroStrategy’s first Bitcoin purchase, with an average price of almost $100,000. Bitcoin has traded above six figures since December 13, implying that the company’s latest acquisition may have increased its total holdings to new heights.
MicroStrategy has made many large acquisitions in recent weeks, obtaining Bitcoin for an average price of $95,000 to $98,000. These deals have helped the business accumulate a remarkable 423,650 BTC, valued at more than $43 billion as of December 15. Another large acquisition would bring MicroStrategy closer to a $50 billion Bitcoin portfolio.
Bitcoin’s recent ascent to an all-time high of $106,554 on December 14 has reinforced the firm’s long-term plan. Saylor has maintained his conviction in Bitcoin’s future, even declaring that he intends to continue buying until the price approaches $1 million per coin.
MicroStrategy’s audacious strategy has not only increased its Bitcoin holdings but also considerably improved its stock performance. The company’s stock price has risen about 500% this year, giving it a coveted spot on the Nasdaq-100, a milestone that will boost its market credibility even further.
As 2025 approaches, MicroStrategy’s unwavering commitment to Bitcoin positions it as a pioneer in corporate cryptocurrency investments.
