Big Bull Michael Saylor Gives Much Anticipated Signal Regarding Bitcoin
Bitcoin advocate Michael Saylor has once again shared an update to his “Bitcoin Tracker” on the X platform.
Saylor’s post, “Orange or Green?”, reinforced expectations that a new surge in Bitcoin assets may be announced in the coming days.
According to the shared data, Saylor’s managed Bitcoin portfolio is worth a total of $61.40 billion. The portfolio contains 672,497 BTC, with an average purchase cost of $74,997. This indicates that the portfolio has gained approximately 21.74% in value so far, representing a monetary gain exceeding $10.96 billion.
In a performance comparison, it was noted that Strategy shares showed a relative performance difference of 47.81 points compared to Bitcoin over the past year. In other words, the company’s shares traded 47% lower than the performance of the BTC price.
On the other hand, according to shared estimates, the company may have increased its equity by approximately $15.83 billion through ATM (selling shares on the market) in the last 21 weeks.
*This is not investment advice.