{"id":33496,"date":"2025-01-06T10:19:38","date_gmt":"2025-01-06T10:19:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=33496"},"modified":"2025-01-06T10:19:38","modified_gmt":"2025-01-06T10:19:38","slug":"will-microstrategy-buy-more-bitcoin-today-saylor-posts-saylortracker-again","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=33496","title":{"rendered":"Will MicroStrategy Buy More Bitcoin Today? Saylor Posts SaylorTracker Again"},"content":{"rendered":"

Days after 99Bitcoins voted Michael Saylor as the most influential crypto persona for 2024, the former CEO of MicroStrategy and a vocal Bitcoin advocate reignited speculation on X that the business intelligence firm could, less than a week after buying Bitcoin, stack even more coins.<\/span><\/p>\n

Will MicroStrategy Buy More Bitcoin in January?<\/span><\/h2>\n

On January 5, Saylor posted the SaylorTracker, a closely watched tracking tool investors and Bitcoin <\/span><\/p>\n

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enthusiasts used to monitor MicroStrategy\u2019s BTC holdings. <\/p>\n

Something about https:\/\/t.co\/Bx3917zMqi<\/a> is not quite right. pic.twitter.com\/vRTAH2xTCX<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) January 5, 2025<\/a><\/p>\n\n

Following past events, MicroStrategy could snag even more coins in the next few days. <\/span><\/p>\n

Historically, whenever Saylor tweets about the tracker, MicroStrategy tends to buy more coins a few days later.<\/span><\/p>\n

Disconcerting blue lines on https:\/\/t.co\/Bx3917zMqi<\/a>. pic.twitter.com\/xPl4GTKU3E<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) December 29, 2024<\/a><\/p>\n\n

On December 9, Saylor shared the tracker on X only for MicroStrategy to purchase 2,138 BTC on December 30. <\/span><\/p>\n

Based on this pattern, MicroStrategy could buy more coins as early as Wednesday, January 8.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n

MicroStrategy Has A Bitcoin Plan<\/span><\/strong><\/h2>\n

According to <\/span>Bitcoin Treasuries<\/span><\/a>, MicroStrategy remains the largest public company holding Bitcoin. <\/span><\/p>\n

With 446,400 BTC worth over $43 billion at spot rates stacked, the firm controls more coins than the United States<\/a> and China.<\/span><\/p>\n\n

(Source<\/a>)<\/p>\n

Over the past few years, they have been on a relentless buying spree, combining a unique strategy dubbed the 21\/21 plan. <\/span><\/p>\n

The mission is to buy more coins by issuing more equity. Specifically, MicroStrategy plans to buy $42 billion worth of BTC by <\/span>issuing<\/span><\/a> $21 billion in equity and a further $21 billion in fixed-income securities. <\/span><\/p>\n

Following a shareholder meeting in late December, they also plan to increase the number of common shares from 330 million to 10.3 billion. <\/span><\/p>\n

This month, MicroStrategy is also <\/span>looking<\/span><\/a> to raise $2 billion via a perpetual preferred stock offering. The offering, which aims to increase their liquidity further, will be separate from the 21\/21 plan.<\/span><\/p>\n

They already sold $561 million of MSTR shares in early December. It used its proceeds to buy 5,262 BTC at an average price of $106,662.<\/span><\/p>\n

While some commentators frown on this plan, calling it speculative, it only underscores MicroStrategy\u2019s core belief that Bitcoin is a superior store of value.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Buying and Using Bitcoin Anonymously \/ Without ID<\/span><\/a><\/strong><\/p>\n

Will BTC Price Reclaim $100,000 in January?<\/span><\/h2>\n

Given the sharp rally of MSTR stock over the last few years, MicroStrategy was <\/span>included<\/span><\/a> in the Nasdaq 100 index on December 23.<\/span><\/p>\n\n

The inclusion was expected. Institutional investors seeking crypto exposure via a regulated market increasingly have used MicroStrategy as a de-factor Bitcoin proxy. <\/span><\/p>\n

As Bitcoin pumps, MSTR stock has been on an upward trend. The surge from early November further boosted MicroStrategy\u2019s valuation. <\/span><\/p>\n

As of January 6, it stood at over $83 billion, according to <\/span>Yahoo Finance<\/span> market data. <\/span><\/p>\n\n

(Source<\/a>)<\/p>\n

Interestingly, MSTR stock prices have soared in five years from less than $15 to over $300, mirroring the sharp upturn in Bitcoin valuation.<\/span><\/p>\n

Coupled with Trump\u2019s pro-crypto policies and optimism of MicroStrategy\u2019s steady accumulation, prices could reclaim $100,000.<\/span><\/p>\n\n

(BTCUSDT<\/a>)<\/p>\n

Bitcoin price is up nearly 10% from December 2024 lows at press time. Even so, a strong breakout above $100,000 could drive prices to fresh all-time highs.<\/span><\/p>\n

DISCOVER:\u00a0Crypto Trading In South Korea Surpasses Stock Market With $18 Billion In 24 Hour\u00a0<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

The post Will MicroStrategy Buy More Bitcoin Today? Saylor Posts SaylorTracker Again<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Days after 99Bitcoins voted Michael Saylor as the most influential crypto persona for 2024, the former CEO of MicroStrategy and a vocal Bitcoin advocate reignited speculation on X that the business intelligence firm could, less than a week after buying Bitcoin, stack even more coins. Will MicroStrategy Buy More Bitcoin in January? On January 5, […]<\/p>\n","protected":false},"author":0,"featured_media":33497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33496"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33496"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33497"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}