Analysts expect MicroStrategy to make another Bitcoin purchase on Monday.#bitcoin

Saylor did the same thing before his recent Bitcoin acquisition.
Microstrategy co-founder Michael Saylor published the company’s Bitcoin Tracker chart on December 29. The next day, the company made another Bitcoin acquisition.

MicroStrategy purchased all 2,138 bitcoins on December 30, spending about $97,837 per coin.

On January 5, Saylor shared a similar trac for all of Microstategy’s BTC purchases. Given its history, analysts now believe the company is poised to make another Bitcoin acquisition, especially on January 6.

Hayes’ early investment fund, Maelstrom, claimed it would make future crypto purchases at lower prices, suggesting the fund is waiting for crypto prices to fall.

The company has even asked its shareholders to increase its authorized shares of preferred stock from 5 million to more than $1 billion. Likewise, it is asking to expand its authorization of Class A common stock from 330 million to 10.3 billion shares.

Additionally, MicroStrategy revealed its intention to pursue a $2 billion perpetual preferred stock offering. This raising initiative, separate from the company’s Bitcoin 21/21 funding strategy, is expected to be executed in the first quarter of 2025, subject to internal approval.

Some believe MicroStrategy will slow down its Bitcoin purchases in 2025
Arthur Hayes, co-founder of BitMEX, expects the cryptocurrency market to decline, especially after the impending inauguration of Donald Trump.

Hayes’ early investment fund, Maelstrom, claimed it would make future crypto purchases at lower prices, suggesting the fund is waiting for crypto prices to fall.

However, with the market expected to slow in January 2025, analysts believe that MicroStrategy will halt its BTC acquisitions, which could impact the company’s stock and convertible bond distributions.

However, Michael Saylor called on the company to acquire Bitcoin during the price peak in early December.

He said:

I'm pretty sure I'll buy Bitcoin at $1 million per coin, and maybe $1 billion per day worth of Bitcoin at $1 million per coin.

However, this means that Microstartegy may continue to make more Bitcoin purchases, especially if its trading prices decline.$BTC

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