More green dots have appeared on MicroStrategy’s portfolio tracker. For context, every green dot signals a Bitcoin ($BTC) purchase – of which there have been at least six since December.
Michael Saylor announced the last purchase worth $101M on January 6, which brought MicroStrategy’s $BTC Yield to 74.3% in 2024. Yesterday, Saylor posted the Bitcoin BTC
$91,214 tracker for the 10th consecutive week, signaling another possible Bitcoin purchase.
MicroStrategy’s current $BTC holdings amount to $42.24B, and, according to Saylor’s X account, he’s ‘thinking about the next green dot.’
Despite Saylor’s continued confidence and a long-term bullish outlook, $BTC is facing some strong headwinds right now, trading at $91.3K. Some analysts say Trump’s tariff plans could be at fault, while better employment rates in the US and a stronger dollar have also put pressure on crypto trades.
More Green Dots for the $BTC Gods
Saylor made a name for himself as a devoted $BTC HODLer. And his faith in $BTC certainly appears to be paying off for MicroStrategy. After all, MSTR stock price grew 468% year-to-date and 2,185% since the company started acquiring crypto.
In fact, MicroStrategy’s stock price is now so closely correlated with the $BTC value that we can safely call it a ‘$BTC-indexed company’ or a ‘$BTC-correlated investment vehicle.’
This means that a sudden decline in $BTC’s price could decimate MicroStrategy’s shares. Yet, this scenario is unlikely in the upcoming year, given the ongoing bull run and growing institutional adoption of crypto.
Microsoft Next?
Saylor recently also gave a 44-slide pitch on why Microsoft should invest $100B yearly on $BTC. We don’t know if Microsoft’s board of directors took Saylor’s advice, but his points were compelling. Saylor argues that by doing so, MSFT stock could add $5T in market cap.
$BTC Under Pressure
Against all expectations, the $BTC rally following Trump’s election victory was short-lived. Instead of hitting $150K, $BTC dipped to $90K.
The sharp correction likely results from a stronger dollar, improving employment figures in the US, along with some FUD (fear, uncertainty, and doubt). Indeed, some experts believe uncertainty over Trump’s new economic policies may have also contributed to this downturn.
That’s because Frump’s tariffs could further strengthen the dollar. And whenever the dollar strengthens, investor risk appetite weakens.
Also, the Fed has no reason to lower interest rates now, after it already cut them by 25 basis points in December.
By all accounts, we can expect riskier assets to be on a bumpy ride in the short term, but volatility is nothing new for crypto, and seasoned investors like Saylor know to buy the dip.
Your $BEST Bet During This Bull Run
All of the above draws us to one conclusion – HODL ’til things look up.
Whether you want to play it safe with $BTC or invest in new promising projects with potentially higher returns, Best Wallet offers an easy entry into the crypto market.
This multi-chain wallet’s standout feature is the presale aggregator, which gives users early access to hot new tokens, including meme coins like $WEPE and $SOLX.
Its native token $BEST is now also on presale, with over $7M raised in just a couple of months. $BEST holders will gain governance rights, lower transaction fees, and higher yields in Best Wallet’s staking aggregator.
One $BEST now costs $0.023575, but the price will increase in 16 hours. This means now is the last chance to join the Best Wallet ecosystem at the lowest possible price and maximize your profits when the bull run starts up again.
Closing Remarks
It’s easy to criticize MicroStrategy’s investment strategy as reckless, but the results to date speak for themselves.
Even if a stronger dollar and Trump’s economic agenda put temporary pressure on the crypto market, the long-term outlook remains bullish.
Still, as always, we remind you to DYOR and diversify your portfolio because risk management is critical in every investment.
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