MicroStrategy’s Regular Bitcoin Purchases

MicroStrategy, the largest institutional investor in Bitcoin, aims to make regular purchases every week. The company announces its BTC buys every Monday and shares a buy signal on Sundays.

This week, founder Michael Saylor renewed his Bitcoin purchase speculations. In a post on his X account, he revealed that the company currently holds 582,000 BTC.

Saylor shared a chart showcasing the scale of MicroStrategy’s Bitcoin investment, stating, “Bigger Dots are ₿ etter.” Each orange dot on the chart represents purchases made by the company.

In line with Saylor’s previous announcements, it’s expected that MicroStrategy will buy more Bitcoin today. After its last purchase, the company’s total Bitcoin holdings are valued at $40.79 billion, with an average purchase price of $70,086 per BTC.

This is not investment advice.