 MicroStrategy’s Saylor hints at first Bitcoin purchase above $100K 
2024-12-16
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Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted it bought more Bitcoin over the weekend — marking the firm’s first acquisition with an average purchase price of over $100,000.
In a Dec. 15 post to X, Saylor asked whether MicroStrategy’s Bitcoin BTCUSD portfolio tracker SaylorTracker was “missing a green dot” — hinting the Bitcoin-stacking firm has purchased again.
Saylor has posted the SaylorTracker chart for five consecutive Sundays since Nov. 10 and each time, a Bitcoin purchase from MicroStrategy has been confirmed the following day.
If Saylor’s hint is true for the sixth time, it would mean MicroStrategy bought its first Bitcoin batch with an average purchase price of over $100,000, as Bitcoin hasn’t traded below six figures since 5:00 pm UTC on Dec. 13, CoinGecko data shows.
Saylor’s business intelligence firm has confirmed it bought Bitcoin at an average purchase price of $97,862, $95,976 and $98,783 over the last three Mondays from Nov. 25 to Dec. 9, SaylorTracker data shows, buying $1.5 billion and $5.7 billion worth of Bitcoin over those last three batches.
Another batch toward the upper limit of that range would put the firm within arm’s reach of a $50 billion Bitcoin portfolio. As of Dec. 15, the company holds 423,650 Bitcoin worth over $43.6 billion.
It comes just a day before Bitcoin breached a new all-time high of $105,100. 
Saylor has said the firm won’t stop buying anytime soon, saying he’s “sure” he’ll still be buying Bitcoin at $1 million.
MSTR has been one of the best-performing stocks on the Nasdaq this year, up an eye-popping 496.4% year-to-date, Google Finance data shows.
Its strong performance has even earned it a place in the Nasdaq-100 — a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq.