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Bitcoin News

MicroStrategy’s Saylor Teases First Bitcoin Buy Over $100K

On December 15, Saylor hinted at another Bitcoin purchase by asking if SaylorTraker was “missing a green dot.”

Written By:
Ronak Kumar

Reviewed By:
Gopal Solanky

Last updated: December 16, 2024 12:28 PM
Published December 16, 2024 11:24 AM
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Last updated: December 16, 2024 12:28 PM
Published December 16, 2024 11:24 AM
MicroStrategy’s Saylor Teases First Bitcoin Buy Over $100K

Michael Saylor, the mastermind behind MicroStrategy’s Bitcoin investment strategy, hinted at another Bitcoin purchase over the weekend, potentially marking the company’s first acquisition above $100,000 price mark. 

On December 15, Saylor posted a cryptic message on X (formerly Twitter), asking if MicroStrategy’s Bitcoin tracker, SaylorTracker, was “missing a green dot.” This post was apparently suggesting for another purchase in coming days.

MicroStrategy's Saylor Hints at First Bitcoin Buy Above $100K
Source: X

Saylor has shared this chart every Sunday since November 10, and each time, a Bitcoin purchase has been confirmed the next day. If his hint holds true this time, it will mark MicroStrategy’s first Bitcoin buy with an average price of over $100,000, as Bitcoin has remained above this threshold since December 13.

In recent weeks, MicroStrategy has been on a buying spree, acquiring Bitcoin at prices between $95,000 and $98,000 totaling billions of dollars. With this latest purchase, the company’s Bitcoin holdings could soon hit a staggering $50 billion. As of December 15, MicroStrategy owned 423,650 Bitcoin, valued at over $43.6 billion.

This comes just a day before Bitcoin hit a new all-time high of $106,554. Saylor, known for his unwavering commitment to Bitcoin, has expressed confidence in continuing to buy, even at a price of $1 million per coin.

MicroStrategy’s aggressive Bitcoin strategy has paid off, with its stock surging nearly 500% this year and earning a spot in the Nasdaq-100.

Also Read: Bitcoin Hits $106K as Trump Hints at U.S Crypto Reserve Plan

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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