Strategy's Bitcoin Buying Spree Drives 130% Gain

Michael Saylor, the chairman of Strategy, has once again sparked interest in the crypto community with a mysterious tweet. His message, "Bitcoin is Calling," has led many to speculate about a potential significant purchase by the company. This tweet follows a recent acquisition of 3,450 Bitcoin at a cost of $285 million, after a brief pause in their consistent buying pattern. Strategy has been relentless in its aggressive acquisition strategy, even as most of its crypto purchases since November 18 have been made at prices higher than the current market value.

Saylor's tweet could be a hint at another future purchase, given his history of making such remarks before new acquisitions. The post also seemed to encourage his 4.2 million followers to buy BTC, which he frequently refers to as "the future of money."

Strategy's shares have outperformed some of America’s largest technology stocks, with the crypto-focused firm posting a 130% gain over the last year. This return significantly outpaces the gains of major tech companies like Tesla, NVIDIA, Apple, Meta, and Alphabet. Some top tech firms, such as Amazon and Microsoft, even saw drops in value during the same period, highlighting the substantial rewards Strategy has gained from its heavy crypto investment strategy.

Saylor has made several bold statements about Bitcoin in recent weeks. He has asserted that the price volatility of the top crypto asset actually proves its utility rather than being a disadvantage. He also contended that Bitcoin is "the most liquid, salable, and accessible asset on the planet," which is why it is linked with risky assets. Additionally, he noted that there are no tariffs on Bitcoin, underscoring its digital nature and liquidity as central to what makes it functionally decentralized.

Saylor has established himself as one of Bitcoin’s most vocal proponents. His tweets often emphasize the finite supply of Bitcoin, which he recently referred to as "the most important number in finance." He has also likened Bitcoin to chess, although the meaning behind this comparison was not elaborated.

The chairman’s most recent statement comes as Strategy maintains its focus on continuing to buy Bitcoin for the long term, regardless of short-term market fluctuations. With the company’s shares outperforming technology giants and Saylor’s ongoing public support, most crypto observers are now looking to see if another significant purchase of crypto comes after his cryptic “calling” tweet.