Michael Saylor, Executive Chairman of Strategy, posted his signature orange dot chart again on April 26, signaling the company's growing Bitcoin holdings. The update comes just days after Strategy acquired 34,164 BTC for approximately $2.54 billion, further solidifying its accumulation trajectory.
Key Metrics: A Comprehensive Look at Strategy's Bitcoin Reserves
Saylor captioned the chart with 'The ₿eat Goes On.' The visual highlights Strategy's total holdings of 815,061 BTC, valued at $63.46 billion at current prices. It includes 107 buy events, displaying Bitcoin's price movements, Strategy's purchase points, and average cost over time. Price levels range from below $20,000 to above $120,000, with orange dots marking each acquisition.
The accompanying dashboard reveals MSTR trading at $171.02, down 0.84%, with Bitcoin per share at 213,597 sats. Market capitalization stands at $59.685 billion, enterprise value at $79.177 billion, and trading volume at $2.395 billion. Implied volatility is 65%, rising to 72% over 30 days, with open interest of $47.830 billion. Bitcoin reserves are $63.552 billion, BTC price $77,972; USD reserves $2.250 billion, total debt $8.254 billion. Net leverage is 9%, with $1.489 billion in dividends, $13.540 billion in preferred stock, a magnification factor of 34%, and insurance metrics of 42.7 years (BTC) and 18.1 months (USD).
From 'Think Bigger' to 'The Beat Goes On': The Accumulation Continues
This latest chart follows Saylor's April 19 post with the message 'Think Bigger.' The next day, Strategy announced it had purchased 34,164 BTC for about $2.54 billion, at an average price of approximately $74,395 per bitcoin. This brought total holdings to 815,061 BTC, acquired for roughly $61.56 billion at an average cost of $75,527 per bitcoin.
Saylor's orange dot charts are closely watched by the market as potential signals for upcoming large purchases. The 'The Beat Goes On' title implies that Strategy intends to maintain its aggressive Bitcoin accumulation strategy. Analysts note that the firm's consistent buying supports Bitcoin's price and reinforces institutional confidence in digital assets. However, risks remain regarding the company's debt levels and Bitcoin price volatility impacting its balance sheet.
At press time, Bitcoin is trading around $77,972, with a slight intraday fluctuation. Strategy's unrealized profit based on its average cost of $75,527 and current price is approximately $2,445 per BTC, totaling roughly $1.99 billion.