Michael Saylor Posts SaylorTracker Chart For 10th Consecutive Week, Hinting At Another MicroStrategy Bitcoin Buy

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MicroStrategy
co-founder
and
Bitcoin
permabull
Michael
Saylor
has
posted
a
snapshot
of
the
SaylorTracker
chart
on
X
for
the
10th
consecutive
week,
a
move
which
typically
presages
the
announcements
of
another
BTC
purchase.


“Thinking
about
the
next
green
dot
on
SaylorTracker.com,”
the
MicroStrategy
executive
said
in
a
Jan.
12
X



post
.

MicroStrategy


MicroStrategy
BTC
Position
Up
More
Than
50%


Data
from



SaylorTracker


shows
that
MicroStrategy
currently
holds
447,470
BTC,
valued
at
more
than
$42.15
billion.
This
comes
after
the
company’s
latest
Bitcoin
buy
on
Jan.
6,
which
saw
the
firm
spend
$101
million
to
add
1,070
BTC
to
its
reserves
when
the
crypto
was
priced
at
$94,004.


MicroStrategy’s
investment
in



Bitcoin


has
paid
off
so
far,
with
SaylorTracker
data
showing
that
the
company’s
position
in
the
leading
crypto
has
achieved
an
unrealized
gain
of
more
than
$14.1
billion.


Aggressive
BTC
Accumulation
By
MicroStrategy
Draws
Concern


MicroStrategy’s
share
price
has
become
a
proxy
for
the
overall
health
of
the
digital
asset
sector
due
to
the
firm’s
substantial
BTC
holdings.
In
the
past
month,
BTC’s
price
has
undergone
a
more
than
7%



correction


to
trade
at
$94,213.46
as
of
1:12
a.m.
EST. 


The
crypto
is
also
13%
down
from
the
all-time
high
of
$108,268.45
that
it
set
on
Dec.
17,
2024.
This
correction
has
impacted
MicroStrategy’s
share
price,
which
has



retraced


more
than
19%
over
the
past
month. 


The
professor
of
finance
at
Marquette
University,
David
Krause,
recently
warned
that
a
steep
drop
in
BTC’s
price
could
have
a
catastrophic
effect
on
MicroStrategy’s
share
price. 


Krause
went
as
far
to
warn
that
a
sudden
downward
price
swing
for
BTC
could
result
in
a
bankruptcy
liquidation
for
MicroStrategy.
Despite
the
warnings,
Saylor
remains
committed
to
his
BTC
strategy.
The



Bitcoin


bull
has
also
started
to
present
the
benefits
of
adopting
Bitcoin
as
a
corporate
reserve
asset
to
other
firms
such
as
MicroSoft.


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