
MicroStrategy, led by Michael Saylor, is rumored to be buying up to 100,000 BTC.
This move would significantly increase MicroStrategy's Bitcoin holdings, making it the largest corporate holder of Bitcoin.
The market is eagerly anticipating an official announcement from MicroStrategy, which could have a major impact on the price of Bitcoin and MSTR stock.
Michael Saylorโs MicroStrategy is once again making headlines, and this time, itโs about a potential Bitcoin buying spree that could shake the market. Rumors are swirling that the company might be poised to acquire up to 100,000 BTC, with analysts linking the move to the QQQ index rebalancing on Black Friday.
Whatโs even more intriguing is that a major announcement could be coming as soon as Monday.
Could this be the start of another massive Bitcoin push? Crypto enthusiasts are buzzing with anticipationโhereโs what you need to know.
A Familiar Bitcoin Buying Pattern
Renowned analyst The โฟitcoin Therapist noted on X that this potential purchase follows a familiar pattern from MicroStrategy, where weekend hints often lead to massive acquisitions. He revealed if Michael Saylor announces an 88,800 BTC acquisition tomorrow, MicroStrategy’s Bitcoin treasury will hit 420,000 BTC, representing 2% of the total supply.
This marks a 25% increase in holdings, reinforcing the companyโs aggressive Bitcoin strategy. Investors anticipate significant market impact and potential gains for $MSTR stock.
More to Come?
Michael Saylor has made it clear that MicroStrategy plans to buy more Bitcoin following its $3 billion fundraising. Historically, such statements have often preceded major acquisitions.
Crypto enthusiasts are now wondering if another significant purchase is coming, one that could bring Bitcoin closer to the $100,000 mark. According to Polymarket, there is a 73% chance that MicroStrategy will acquire over 400,000 BTC before 2025, which has the market buzzing with excitement.
$3 Billion Raised for Bitcoin Acquisition
In the meanwhile, the companyโs $3 billion raised on November 22 via convertible debt is expected to finance this ambitious spree. Already the largest corporate Bitcoin holder, MicroStrategyโs current treasury stands at 331,200 BTC, valued at over $32.7 billion. Previous acquisitions, guided by Michael Saylorโs hints, added nearly 80,000 BTC, demonstrating the companyโs aggressive growth strategy.
MicroStrategy’s Approach Is Paying Off
Crypto analyst Miles Deutscher pointed out that MicroStrategyโs Bitcoin strategy has already delivered impressive returns. The company has earned a 41.8% yield this year, which is equivalent to 246 BTC per dayโwithout the costs of mining.
Additionally, MicroStrategyโs stock (MSTR) has surged over 515% year-to-date, reflecting the companyโs growing influence in the Bitcoin market.
This rumored Bitcoin acquisition fits into MicroStrategyโs broader โ21/21โ initiative, which aims to raise $42 billion over three years using equity and fixed-income tools. Financial commentator Doctor Profit highlighted that the $3 billion raise is well-timed, aligning with Bitcoinโs strong November rally and MicroStrategyโs aggressive expansion plans.
MicroStrategyโs Stock Surges Alongside Bitcoin
As Bitcoin nears the $100,000 milestone, MicroStrategyโs stock has surged by 97% in the past monthโoutpacing Bitcoinโs 47% rally. Year-to-date, MSTR is up an astonishing 515%, while Bitcoin has climbed 122%.
The Market Is Watching: Whatโs Next for MicroStrategy?
While some analysts are concerned about the risks of MicroStrategyโs growing Bitcoin holdings, many are impressed by the companyโs long-term vision and its ambitious โ21/21โ plan. The entire crypto market is watching closely, eager to see what comes next for Saylorโs Bitcoin strategy.
FAQs
The entity known as Satoshi Nakamoto is believed to own the most Bitcoin, with an estimated 1 million BTC.
Michael Saylor owns approximately 10% of MicroStrategy’s shares, maintaining significant control and influence over the company.