Bitcoin in Focus: Strategy’s Michael Saylor Drops New BTC Chart After One Week

Following a brief pause, Strategy co-founder Michael Saylor has hinted at another Bitcoin purchase, reinforcing the company’s aggressive accumulation approach. 

Saylor posted the SaylorTracker chart to his 4.1 million followers on X yesterday, writing, “Death to the blue lines. “Long live the green dots,” sparking concerns about another huge Bitcoin acquisition.

According to SaylorTracker, Strategy (previously MicroStrategy) presently owns 471,107 BTC, worth around $45.3 billion. The most recent addition to its corporate treasury occurred on Jan. 27, when the company purchased 10,107 BTC, extending its long-term bullish bet on the leading cryptocurrency.

Bitcoin

Strategy’s Rebranding and Bitcoin-First Approach

Strategy rebranded from MicroStrategy on Feb. 5, adopting a BTC-inspired logo and color palette to reflect its core purpose better. Along with the rebranding, CEO Phong Le highlighted the company’s commitment to two of the most revolutionary technologies of the twenty-first century, Bitcoin and artificial intelligence.

Also read: Bitcoin Strategic Reserve Explained

“Strategy is innovating in Bitcoin and artificial intelligence, two forces that are transforming the global economy. “Our new name reflects our vision for a digital-first financial future,” said Le during the rebranding ceremony.

The redesign aligned with the company’s Q4 2024 financial report, which showed a $640 million quarterly loss and a 3% year-over-year drop in software revenue to $120.7 million. However, this did little to halt Strategy’s BTC accumulation spree. In Q4 2024, the corporation completed its most quarterly BTC buys to date, adding more than 195,000 BTC to its balance sheet.

Despite a drop in stock price, currently selling at roughly $327 per share, down nearly 40% from its November 2024 high of $543, Strategy remains optimistic about Bitcoin’s long-term future. The business has identified several bullish triggers predicted to promote Bitcoin usage and value appreciation in 2025. 

Also read: US Lawmakers Tighten Grip on Stablecoins to Reinforce Dollar Hegemony

These catalysts included a potential framework for digital assets in the United States, political support for Bitcoin, improvements to existing BTC exchange-traded funds (ETFs), and growing institutional adoption.

BTC Market Movement and Strategic Positioning

Saylor’s most recent BTC-related post corresponds with BTC’s drop below $96,000 earlier in the day before rising above $96,500, according to CoinGecko. Despite the volatility, BTC remains above its 200-day exponential moving average (EMA), which is an important technical indication of market strength.

Also read: Telegram’s Exclusive TON Integration Sparks Debate Over Decentralization Concerns

As Saylor implies a possible continuation of Strategy’s BTC acquisitions, all eyes are on whether the company will make another large acquisition soon. With almost $15 billion in unrealized gains from its BTC holdings, Strategy is proving to be one of the most loyal corporate supporters of Bitcoin’s future.

Author

  • Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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