Michael Saylor, co-founder of Strategy (formerly MicroStrategy), recently resumed posting Bitcoin charts to his followers after a brief hiatus. His latest post suggests a potential new Bitcoin acquisition. Presently, Strategy holds around 471,107 BTC, valued at approximately $45.3 billion, reflecting nearly $15 billion in unrealized gains. The company executed its largest Bitcoin purchase in Q4 2024, acquiring 195 BTC amidst a rebranding to better align with its focus on Bitcoin and artificial intelligence. In its recent earnings report, Strategy reported $120.7 million in software revenue, a slight decline from the previous year. Despite the decrease in software revenue, the firm's commitment to Bitcoin remains strong, with several catalysts predicted for 2025, including improved Bitcoin ETFs and growing institutional adoption. As of now, Strategy's stock is trading around $327 per share, down nearly 40% from its November 2024 high of $543, although it continues to hover above its 200-day exponential moving average, indicating critical support levels for its market presence.

Source 🔗