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.
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