MicroStrategy Hints At Potential Bitcoin Purchase Over $100,000

According to Odaily, MicroStrategy founder Michael Saylor has suggested that the company might soon make its first Bitcoin purchase at an average price exceeding $100,000. Over the past three Mondays, from November 25 to December 9, MicroStrategy acquired Bitcoin at average prices of $97,862, $95,976, and $98,783, respectively. Data from SaylorTracker indicates that these purchases ranged from $1.5 billion to $5.7 billion in value. If another batch of Bitcoin reaches the upper limit of this range, the company could achieve a $50 billion Bitcoin portfolio. As of December 15, MicroStrategy holds 423,650 Bitcoins, valued at over $43.6 billion. Previously, Michael Saylor has been consistently updating Bitcoin Tracker information for six consecutive weeks, noting, "There is too much blue on the SaylorTracker website." This comment refers to the website's practice of marking each Bitcoin purchase with a green dot on the corresponding date, while the Bitcoin price trend line is depicted in blue. Historically, MicroStrategy has tended to increase its Bitcoin holdings the day after such announcements are made.