This is Why Saylor Had MicroStrategy Buy More Bitcoin | Airdrop Alert Pro

MicroStrategy Chairman Michael Saylor announced today that his company purchased an additional 5,262 Bitcoins. The acquisition cost $561 million and continues his plan to steadily acquire BTC.

However, since the company was included in the Nasdaq 100 index, there have been rumors that the company may pause these acquisitions in January.

Saylor buys more Bitcoin

With the latest getmarking MicroStrategy’s third Bitcoin purchase in December alone. Just last week, the company purchased $1.5 billion worth of BTC at an average price of $100,386. Under Thaler’s guidance, the company has become One of the world’s largest Bitcoin holders And it shows no sign of stopping just yet.

“MicroStrategy has acquired 5,262 BTC for approximately $561 million, or approximately $106,662 per Bitcoin, and achieved Bitcoin production Quarter-to-date is 47.4% and year-to-date is 73.7%. As of December 22, 2024, we held 444,262 BTC at a price of approximately $27.7 billion, or approximately $62,257 per Bitcoin. ” Saylor claimed.

Since November’s crypto bull run, Saylor has sent clear signals Intention to buy large amounts of Bitcoin. So far, The asset’s price has been soaringproducing high yields. recent, He also joked about buying Bitcoin in large quantities Marks MicroStrategy’s inclusion in the NASDAQ-100.

However, there are rumors that MicroStrategy may enact a These BTC purchases may be suspended Starting in January. since The company was selected into the Nasdaq 100 Index Its quarterly earnings report is due early next month This year, Thaler may impose a self-imposed blackout period to prevent any Bitcoin purchases.

The company’s recent actions have produced high earnings, but may It is a double-edged sword for itself and the broader market.. There are serious concerns that Thaler has made a material contribution to the “decentralization” of the Bitcoin economy, and that his company has outpaced Bitcoin’s strong growth rate.

So, Bitcoin’s volatility It could have a huge impact on MSTR’s stock market performance. In the past week alone, Bitcoin has fallen by nearly 12%, and MSTR’s stock price has fallen by more than 15%.

For now, however, this Bitcoin buying pattern appears to be stable. Regardless of whether Saylor implements the rumored pause in January, further high-profile buying in the last week of December remains a possibility.