#CryptoReboundStrategy
Saylor from MicroStrategy publishes a BTC tracker and suggests a purchase on Monday.
According to data from the SaylorTracker website, MicroStrategy currently holds 446,400 Bitcoin, valued at approximately $43.7 billion.
MicroStrategy co-founder Michael Saylor published the Bitcoin chart from the SaylorTracker website on January 5: the same chart that Saylor usually publishes on Sundays before buying Bitcoin the next day.
"Something on SaylorTracker.com is not quite right," wrote the tech founder to his followers on X, hinting at an imminent Bitcoin acquisition on Monday.
Saylor published the same chart a week ago, on Sunday, December 29, and MicroStrategy bought 2,138 BTC at an average purchase price of $97,837 per coin on December 30.
The company is considering more purchases as part of its 21/21 plan to fund the acquisition of $42 billion in Bitcoin through the issuance of $21 billion in stock and $21 billion in fixed-income securities.
MicroStrategy drives the Bitcoin treasury plan 21/21.
MicroStrategy entered the Nasdaq 100, a stock index weighted by the 100 largest companies on the Nasdaq stock exchange by market capitalization, on December 23, 2024.
MicroStrategy's inclusion in the index provides traditional stock investors who hold the instrument through exchange-traded funds with indirect exposure to Bitcoin.
Following the company's inclusion in the Nasdaq 100, MicroStrategy called a special shareholder meeting to increase the number of shares to fund the purchase of Bitcoin for its corporate treasury strategy.
According to a presentation on December 23 to the Securities and Exchange Commission (SEC), MicroStrategy requested shareholders to approve an increase of the class A common stock from 330 million shares to 10.3 billion shares.
The company also asked shareholders to increase the authorized preferred stock from 5 million shares to over 1 billion shares.
On January 4, MicroStrategy announced that it was seeking to raise $2 billion through a perpetual preferred stock offering.
The perpetual preferred offering will be superior to class A common stock in the event of bankruptcy and will have priority over shareholders during financial distributions in a corporate liquidation.