News 
December 30, 2024 
3 min. 
MicroStrategy co-founder Michael Saylor has sparked speculation about another major Bitcoin purchase after sharing a cryptic chart on social media. The chart, posted on Sunday via Saylor’s X account, tracks MicroStrategy’s Bitcoin holdings, which currently total 442,262 BTC (worth approximately $41.4 billion).
This latest tease has ignited discussions in the crypto community, with many anticipating a new Bitcoin acquisition from the company, potentially marking its final purchase of 2024.
A History of Strategic Bitcoin Moves by Michael Saylor
Saylor’s post referenced “disconcerting blue lines on SaylorTracker.com,” fueling speculation about MicroStrategy’s next move. Historically, Saylor has teased Bitcoin purchases on Sundays, often followed by actual acquisitions on Mondays. For instance, on December 22, the company revealed it had purchased 5,262 BTC worth $561 million, following a similar pattern of Sunday hints.
MicroStrategy, the largest corporate Bitcoin holder, has consistently expanded its BTC reserves, making it a key player in the market. The company recently sought shareholder approval to increase its Class A common shares from 330 million to 10.33 billion and preferred shares from 5 million to 1.005 billion, signaling its intent to fund further Bitcoin purchases.
Broader Impact on Crypto Markets
MicroStrategy’s influence extends beyond its Bitcoin holdings. The company’s inclusion in the Nasdaq 100 index earlier this year was hailed as a milestone for both the firm and the cryptocurrency market. Crypto analysts from Cryptorush highlighted the potential ripple effects, noting that the listing could lead to up to $2 billion in passive fund inflows.
“MicroStrategy’s success is a testament to the growing institutional acceptance of Bitcoin,” said a Cryptorush analyst. “Its inclusion in the Nasdaq 100 could act as a bullish signal for the market, boosting Bitcoin prices and overall visibility of cryptocurrencies.”
As market participants await confirmation of a new purchase, Saylor’s actions continue to underline the growing role of institutional players in shaping Bitcoin’s trajectory. For now, all eyes remain on MicroStrategy and its co-founder’s next move.
