Saylor of MicroStrategy posts a BTC tracking message, hints at a purchase trade on Monday. According to data from the SaylorTracker website, MicroStrategy currently holds 446,400 Bitcoin, worth approximately $43.7 billion.
Co-founder of MicroStrategy Michael Saylor posted a Bitcoin chart from the SaylorTracker website on January 5 — a similar chart that Saylor often posts on the Sunday before buying Bitcoin the next day. "Something is wrong at SaylorTracker.com," the tech founder wrote to his followers on X, hinting at an upcoming Bitcoin buyback deal on Monday.
Saylor posted a similar chart a week earlier, on Sunday, December 29, and MicroStrategy bought 2,138 BTC, with an average purchase price of $97,837 per coin, on December 30.
The company is eyeing more buyback deals as part of its 21/21 plan to finance the purchase of $42 billion in Bitcoin by issuing $21 billion in equity and $21 billion in fixed-income securities.
MicroStrategy promotes its 21/21 Bitcoin treasury plan.
MicroStrategy joined the Nasdaq 100 — a market index weighted by the 100 largest companies on the Nasdaq exchange by market capitalization — on December 23, 2024.
MicroStrategy's inclusion in this index allows traditional equity investors to hold this instrument through exchange-traded funds that can have indirect exposure to Bitcoin.