Core Viewpoint - The company continues to aggressively accumulate Bitcoin, recently adding 22,305 BTC to its balance sheet for approximately $2.13 billion, reflecting its long-term strategy in the cryptocurrency market [1][2]. Group 1: Recent Acquisitions - The latest Bitcoin acquisition was funded through proceeds from equity and preferred stock sales conducted between January 12 and January 19 [2]. - As of January 19, the company holds a total of 709,715 Bitcoin, acquired for approximately $53.92 billion at an average price of $75,979 per BTC [3]. Group 2: Market Conditions - Bitcoin is currently trading around $88,800, down approximately 0.3% over the past 24 hours, and has retreated from recent highs above $95,000 [4]. - The market is experiencing a consolidation phase, with trading volumes moderating as participants await new catalysts amid tightening financial conditions [5]. Group 3: Long-Term Strategy - The company views Bitcoin as a long-duration treasury reserve asset, maintaining its accumulation strategy despite market volatility [7]. - The recent purchases indicate that the company perceives periods of consolidation as opportunities for accumulation rather than signs of market weakness [7].
Billionaire Michael Saylor Hints at More Bitcoin Buying in Mid-Week Post
Yahoo Finance·2026-01-22 16:08