MicroStrategy has taken a significant step in 2024 by purchasing a total of 178,704 Bitcoin, spending over 15 billion USD. Notably, the company has never sold any Bitcoin.

This demonstrates a strong belief in the long-term Bitcoin strategy led by Michael Saylor.

Aggressive buying in Q4

The majority of the Bitcoin was purchased in Q4, with over 150,000 Bitcoin, accounting for approximately 83.9% of the total annual purchases. This strategy stands out as Bitcoin approaches the psychological level of 100,000 USD.

Saylor's decisive actions have absorbed selling pressure from HTF investors, keeping Bitcoin at a strong equilibrium.

Conclusion

MicroStrategy's Bitcoin purchases continue to be a pillar for the market. The company’s investment strategy has begun to influence other organizations. Companies like MARA and RIOT have added Bitcoin to their balance sheets.

Central banks like Norway and Switzerland are also engaging in the Bitcoin ecosystem through investments in MicroStrategy, understanding Saylor's vision.

This is the power of setting clear goals and persistently pursuing them for four years.