Michael Saylor Says He’ll Keep His Bitcoin Promise As BTC Breaks $100,000

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As a seasoned crypto investor with a knack for recognizing trends and a penchant for Bitcoin, I must admit, Michael Saylor’s latest tweet has me raising my glass in celebration. His unwavering faith in Bitcoin has been an inspiration to many, and his daily BTC posts have become a beacon of hope in the ever-changing crypto landscape.

Michael Saylor, the co-founder and executive chair of MicroStrategy – a company specializing in business intelligence software – frequently discusses Bitcoin on his account across the X social media platform (commonly recognized as Twitter previously), as part of his routine posts about the subject matter.

Saylor’s celebratory Bitcoin message

On this occasion, Saylor’s tweet was connected to the record-breaking height achieved by the leading global cryptocurrency, Bitcoin, earlier today. Saylor posted: “Stay True #Bitcoin.” The image accompanying his tweet shows the Bitcoin advocate, dressed in a festive BTC hat and holding a bottle of champagne, with the number “100k” in orange (symbolizing Bitcoin) displayed behind him.

Keep Your Promises #Bitcoin

— Michael Saylor⚡️ (@saylor) December 5, 2024

Approximately two weeks ago, Saylor declared he was planning a “Bitcoin $100,000” celebration at his home towards the end of December. The community believed that, even if Bitcoin was trading slightly below the projected price by then, it wouldn’t deter Saylor from throwing the party. Earlier today, MicroStrategy founder confirmed that the event would indeed occur since the $100,000 price level has been reached. He posted on Twitter: “There will be a 100K Party.

Saylor shares MicroStrategy’s BTC yield YTD

Today, Michael Saylor disclosed the year-to-date return on Bitcoin (BTC) earned by MicroStrategy’s shareholders. According to his latest post, MicroStrategy’s treasury operations generated a yield of 63.3% in BTC, which translates to an approximate net gain of around 119,800 Bitcoins.

As an analyst, I’m expressing that at present, with each Bitcoin priced around $103,000, it amounts to approximately $12.3 billion in value for this year. This significant figure places MicroStrategy at the forefront of the most profitable and rapidly expanding companies within the Bitcoin Standard.

So far this year, Mastercard’s treasury operations have produced a Bitcoin Yield of approximately 63.3%, resulting in an estimated 119,800 BTC being passed onto our shareholders. Given the current price of $103,000 per BTC, this translates to a staggering $12.3 billion in profits for the year. This impressive figure positions us as the most profitable and swiftly expanding company on the Bitcoin Standard.

— Michael Saylor⚡️ (@saylor) December 5, 2024

Saylor underscored the recent findings from Semler Scientific, a firm mimicking MicroStrategy’s approach and adhering to The Bitcoin Standard. The head of MSTR then retweeted their post, indicating that by purchasing 303 Bitcoins for approximately $29 million at an average price of $96,779 per Bitcoin, the company has already achieved a return of 54.7% since implementing this strategy in May of this year.

Currently, Semler Scientific owns around 1,873 Bitcoins, which were amassed and are valued at approximately $147.1 million, given each Bitcoin’s worth of about $78,553.

To put it simply, MicroStrategy is presently in possession of an enormous amount (approximately) 402,100 Bitcoins, which are valued at around $38.4 billion.

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2024-12-05 18:25