Michael Saylor suggested Strategy is preparing to make its 100th bitcoin purchase, nearly six years after the firm began accumulating BTC in 2020.
In a Saturday post on X, Saylor shared a screenshot of a StrategyTracker chart, a type of post he has frequently used ahead of prior buys.
He captioned the post:
“The Orange Century.”
A milestone buy after 99 purchases
Strategy says it has completed 99 bitcoin purchases since 2020, meaning the next acquisition would mark its 100th.
The company has also extended its recent streak, buying BTC for 12 consecutive weeks.
A purchase in the coming week would push that run to 13.
Current holdings and cost basis
Strategy currently holds 717,131 BTC at an average cost of $76,027 per coin, according to the report.
Bitcoin was trading around $64,700 at the time of writing, leaving Strategy’s position underwater on a cost basis.
Strategy’s historical bitcoin accumulation is tracked on Bitbo’s MicroStrategy holdings page.
What has changed since 2020
Saylor, once a bitcoin skeptic, drove Strategy’s first purchase in August 2020, when the company bought $250 million worth of BTC.
The firm framed bitcoin as an inflation hedge and store of value for its treasury, while aiming to maximize long-term shareholder value.
Since that first buy, Strategy has become the world’s largest public holder of bitcoin.
Yahoo Finance data cited in the report shows Strategy’s share price is up about 950% since 2020, rising from roughly $12.44 to $131.05.
Strategy’s stock performance versus bitcoin can also be viewed on Bitbo’s MSTR stock vs BTC page.
