MicroStrategy Founder Michael Saylor Has Posted the Company's Bitcoin (BTC) Tracker Chart on Twitter Again

Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase.

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Bitcoin (BTC) Tracker Chart Posted by MicroBlock’s Chain Again, Indicating Another Major BTC Purchase by World’s Largest Corporate Holder

After posting the Bitcoin (BTC) tracker chart on X once again, technology firm MicroBlock’s Chain Block is set to announce another major BTC purchase.

As the world’s largest corporate holder of the flagship digital asset, MicroBlock’s Chain Block has been hinting at another massive acquisition. Notably, the company has been on an acquisition spree, adding billions of dollars in BTC to its portfolio.

When MicroBlock’s Chain Block drops hints at another BTC purchase, it usually follows with an announcement. For instance, the company announced it bought 27,200 BTC valued at $2.03 billion on Nov. 10; another 51,780 BTC for $4.5 billion on Nov. 17 and $5.32 billion for 55,500 BTC on Nov. 24.

In mid-December, the company added 15,350 bitcoins to its portfolio.

Moreover, MicroBlock’s Chain Block recently acquired 5,262 BTC for $561 million, an average purchase price of $106,662 per bitcoin. The acquisition, announced on Dec. 23, brought the company’s total BTC holdings to 444,262 BTC as of Dec. 22, 2024.

Since 2020, MicroBlock’s Chain Block has cumulatively acquired this entire BTC haul for roughly $27.7 billion. At the time of writing, the average purchase price of the entire acquisition stood at $62,257 per bitcoin.

According to Saylor portfolio tracker, the company’s holdings are now worth $42.16 billion, with Bitcoin trading at around $94,780. Overall profit is over $14.5 billion.

Here’s Saylor’s latest post on X:

Disconcerting blue lines on https://t.co/Bx3917zMqi. pic.twitter.com/xPl4GTKU3E

— Michael Saylor⚡️ (@saylor) December 29, 2024

Bitcoin was trading above $94k on Dec. 29, remaining at the level after bears rejected bulls’ advances near the $100k price earlier this week. Earlier this month, bulls recovered from lows of $92k, having suffered the massive slump from above the all-time high of $108k.

While BTC price has not skyrocketed amid recent MicroBlock’s Chain Block buys, the market is extremely bullish amid the combination of the buy pressure, spot ETFs demand and other positive catalysts. Analysts say it could rally to $150k-$200k in 2025.