Michael Saylor, known for his bullish outlook, gave another long-awaited signal for Bitcoin
Michael Saylor, founder and chairman of Strategy, once again shared data about the company’s Bitcoin purchases on the social network X, giving a new buy signal.
In his post, Saylor used the phrase “The second century begins,” and, considering similar posts in the past, it is expected that the company will announce a new $BTC purchase tomorrow.
According to the latest data, Strategy’s total Bitcoin reserves are valued at $48.54 billion. The company holds 720,737 $BTC, with an average purchase price of $75,985. Due to the decline in Bitcoin’s price, Strategy’s portfolio is currently experiencing an unrealized loss of approximately 11.37%, which amounts to about $6.22 billion. To date, the company has made a total of 101 separate purchase transactions.
On the other hand, overall return data shows a recent divergence between the shares of major technology companies and Bitcoin and Strategy shares. Over the past year, Alphabet shares rose by 80%, Tesla by 78.6%, and NVIDIA by 66.2%, while Bitcoin lost 16.6% and Strategy shares fell by 53.5%.
Volatility data also shows that Strategy and Bitcoin demonstrate higher volatility compared to traditional technology stocks. In the volatility ranking for the past 30 days, Strategy ranks first with 64.1%, and Bitcoin ranks second with 46.8%. These figures are higher than the volatility of major technology companies such as NVIDIA, Apple, and Tesla.
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