MicroStrategy co-founder Michael Saylor continued his weekly Bitcoin tracker tradition on January 12, marking the 10th consecutive week of posting the chart. Saylor’s Sunday posts have become somewhat of a signal for potential Bitcoin purchases by the company.
According to SaylorTracker, MicroStrategy currently holds 447,470 BTC, following its recent acquisition of 1,070 BTC on January 6. This Bitcoin treasury is valued at approximately $42.4 billion.
Shares of MSTR have declined by around 40% from their all-time high of roughly $543 reached on November 21, mirroring the broader downturn in the crypto markets.
MicroStrategy’s strategy of accumulating Bitcoin as a treasury reserve has sparked debate within the crypto community.
