Bitcoin Bull Michael Saylor Gives The Anticipated Signal This Week Despite The Decline
MicroStrategy founder Michael Saylor has attracted attention by resharing his “Bitcoin Tracker” data.
Saylor wrote in his post, “Don't stop believing in Bitcoin.” Traditionally, Saylor announces an increase in the company's Bitcoin holdings immediately following such posts.
Saylor hadn't purchased any Bitcoin last week, but the post sparked speculation among investors that MicroStrategy was preparing for another round of buying.
According to the latest data, MicroStrategy's Bitcoin portfolio currently consists of 640,031 BTC. The portfolio's total value is $71.25 billion. The company's average acquisition cost is $73,983, and its current earnings ratio is 50.48% (approximately $23.9 billion in profit).
According to a performance comparison, MicroStrategy outperformed Bitcoin by 33.78% over the past year. During the same period, the company's return was 43.37% compared to Bitcoin's 77.15%.
The cryptocurrency market experienced a major decline on Friday after Donald Trump announced steep tariffs on China. Saylor commented, “There are no tariffs on Bitcoin.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zelle Makes a Major Move Toward Stablecoins for International Growth—Will It Avoid Consortium Challenges?
- Zelle plans global expansion via stablecoins, leveraging its U.S. bank partnerships to enable faster, cheaper cross-border payments. - The initiative remains unclear on key details like unified token structure and foreign partners, despite $308B stablecoin market growth. - Regulatory clarity from the GENIUS Act and industry trends (e.g., JPMorgan's token plans) support banks' digital asset exploration. - Skeptics cite past failures like Fnality and coordination challenges among 2,500+ institutions as ris
Don’t get locked in. The $HUGS flexible staking system offers true freedom. Get on the whitelist before it closes.
Bitcoin Updates: Institutional Investors Drive Bitcoin Growth While ETFs Transform the Cryptocurrency Landscape
- Bitcoin's institutional adoption accelerates via ETF inflows and corporate strategies, with BlackRock and T. Rowe Price leading diversified crypto fund initiatives. - BlackRock's $211M Bitcoin ETF accumulation and T. Rowe's multi-asset crypto ETF filing highlight shifting ownership from retail to institutional investors. - ETF flows show $477M Bitcoin inflows vs. Ethereum outflows, while whale activity and SpaceX's $134M BTC transfer signal consolidation among long-term holders. - A $21B Bitcoin-collater
ZEC Surges 265.57% Over the Past Month as Market Experiences Robust Rally
- Zcash (ZEC) surged 265.57% in 30 days, hitting $270.88 amid crypto market rebound post-$19B liquidation. - Analysts highlight ZEC's bullish technical patterns, institutional interest, and macroeconomic tailwinds driving its 382.83% annual gain. - A proposed backtest aims to analyze ZEC's historical performance after 15%+ daily surges, though data collection challenges persist. - Market observers monitor key levels for trend continuation, with ZEC maintaining strong volume support and bullish on-chain act
Trending news
MoreCrypto prices
More
