Michael Saylor Teases Bitcoin Chart as MicroStrategy’s Monday Move Keeps Traders Guessing

Michael Saylor shared a new Bitcoin chart from SaylorTracker, sparking market speculation. With MicroStrategy’s recent acquisitions and a history of Sunday posts before purchases, traders are bracing for the company’s next BTC move.

Saylor's Bitcoin Chart Fuels Market Speculation

Michael Saylor, co-founder of MicroStrategy, shared a Bitcoin chart on his website, SaylorTracker, on December 29. Every Sunday, before buying Bitcoin on Monday, the tech entrepreneur and advocate uploads the identical chart.

"Disconcerting blue lines on SaylorTracker.com," Saylor posted to his 3.9 million X followers. As is now becoming somewhat of a Sunday tradition, the article prompted a deluge of replies from market participants eagerly awaiting MicroStrategy's move on Monday.

MicroStrategy’s Smallest Bitcoin Purchase in Months

With an average buying price of $106,000 per coin, the business acquired 5,200 BTC on December 22, 2024, in its most recent Bitcoin purchase. Since July 2024, MicroStrategy has made its smallest acquisition, totaling 5,200 BTC.

Traders now view MicroStrategy as a leveraged gamble on Bitcoin that is also intimately linked to the broader health of the digital currency since Saylor has already said that he will keep buying Bitcoin regardless of price, Cointelegraph points out.

Bold Plans Under the 21/21 Initiative

In December 2024, the business convened a special meeting of shareholders to discuss expanding the number of shares it might issue in order to finance the acquisition of further Bitcoin. This move was made as part of the company's 21/21 plan.

In order to fund the acquisition of additional Bitcoin, MicroStrategy's 21/21 plan states that the business will raise $42 billion over the following three years. This will be accomplished by selling $21 billion worth of shares and $21 billion worth of fixed-income corporate securities.

Saylor’s Framework for Bitcoin and the US Economy

A Bitcoin strategic reserve, as part of Michael Saylor's new digital asset framework, could provide the US Treasury with $16 trillion to $81 trillion in asset wealth, which could be used to pay down the national debt.

Building the digital asset sector's market cap to $10 trillion is the US dollar's chance to keep its status as the world's reserve currency, says the co-founder of MicroStrategy.

The demand for US dollars and US government securities, which support overcollateralized stablecoins like USDt (Tether's USD), will increase as the digital asset markets continue to rise.