Michael Saylor Shares Bitcoin Chart Fueling Speculation of a New Purchase
Is a big buy coming?
Michael Saylor, co-founder of MicroStrategy and a staunch Bitcoin advocate, has once again sparked speculation in the crypto world. On December 29, Saylor posted a Bitcoin chart from the SaylorTracker website on X, formerly known as Twitter, to his 3.9 million followers. Known for his Sunday posts hinting at Bitcoin purchases, Saylor’s cryptic message, "Disconcerting blue lines on SaylorTracker.com," set the stage for heightened anticipation.
MicroStrategy’s most recent Bitcoin acquisition took place on December 22, when the company purchased 5,200 BTC at an average price of $106,000 per coin. This marked its smallest purchase since July 2024 but reinforced Saylor’s commitment to Bitcoin accumulation. Traders now see MicroStrategy as a highly leveraged Bitcoin play, closely tied to the health of the cryptocurrency market.
In December, MicroStrategy convened a special shareholders meeting to advance its ambitious 21/21 plan. This bold strategy aims to raise $42 billion over the next three years through equity and corporate securities to fund additional Bitcoin acquisitions. Saylor has repeatedly affirmed his intent to buy Bitcoin at any price, solidifying his reputation as a dedicated advocate of the cryptocurrency.
Beyond Bitcoin acquisitions, Saylor has also proposed a digital asset framework for the U.S. that envisions a Bitcoin strategic reserve. His plan suggests leveraging Bitcoin’s asset wealth—estimated between $16 trillion and $81 trillion—to offset the national debt and sustain the U.S. dollar’s global dominance.
As Saylor continues to make waves with his strategic moves and visionary proposals, the crypto community eagerly awaits MicroStrategy’s next step, fueling intrigue and optimism in Bitcoin’s future.