Michael Saylor's Latest Post Highlights Strategy's Significant Bitcoin Holdings

Strategy's Bitcoin Holdings Spark Renewed Interest

Strategy executive chairman Michael Saylor has once again brought attention to the company's Bitcoin investments with a recent X post. On January 4, Saylor shared a chart highlighting Strategy's Bitcoin exposure, which is currently valued at $61.31 billion across various crypto markets.

Saylor's "Orange or Green" Tease

The phrase "Orange or Green?" accompanied Saylor's chart in his X post, reminiscent of his previous signals prior to major Bitcoin purchases. However, no new acquisitions were announced. According to regulatory filings, Strategy holds 672,497 BTC, acquired at an average price of $74,997 per coin, with a total investment of $50.44 billion.

With Bitcoin trading at $91,359, Strategy's holdings are now worth over $61 billion, reflecting an unrealized gain of approximately 21.56%, or $10.87 billion. Saylor also shared a chart from StrategyTracker.com, detailing the firm's Bitcoin purchase history, which includes 91 purchase events.

Recent Bitcoin Acquisitions

As previously reported, Strategy increased its Bitcoin holdings by acquiring 1,229 BTC, amounting to $108.8 million, between December 22 and 28. The average purchase price was $88,568 per coin.

Institutional Demand and Coinbase Premium

Analysts are observing early signs of increasing institutional demand for Bitcoin. An X post by analyst Ted noted the recovery of the Coinbase Bitcoin premium, indicating a shift in market dynamics. The Coinbase premium represents the price difference between Bitcoin on Coinbase and other exchanges, often reflecting U.S. institutional buying trends.

Ted highlighted the weak Q4 performance of Bitcoin, drawing parallels to 2022, yet noted that Bitcoin has shown resilience and recovery following past downturns.