Bitcoin’s new all time high is being celebrated in style by Michael Saylor, co-founder and executive chairman of MicroStrategy, who took to X (formerly Twitter) to make a point.
In his trademark way, Saylor tweeted “Keep Your Promises #Bitcoin” and shared an AI generated picture of him in a celebratory Bitcoin-themed hat with a champagne bottle and the numbers ‘100K’ displayed in orange, Bitcoin’s color.
BTC $100,000 party: that’s what Saylor said was on the way. Saylor had already planned to have a ‘BTC $100,000’ party at year’s end, with plans even if BTC fell short of the milestone on a dollar basis. Now with BTC over $100,000 Saylor confirmed the event on Twitter stating that “the 100K Party” is happening.
MicroStrategy Records 63.3% Bitcoin Yield in 2023
MicroStrategy’s impressive performance recorded in its BTC treasury was also pointed out by him. The company’s operations yielded a year to date BTC yield of 63.3%, coincidentally, or less than 119,800 BTC.
If we take that BTC is currently selling at a current price of $103,000 per BTC, this translates to $12.3 billion in net benefit, making MicroStrategy the “most profitable, fastest growing company on the #bitcoin standard.”
However, Saylor mentioned Semler Scientific, an other company that is similar to MicroStrategy with regard to its BTC approach. Semler just bought 303 BTC for $29 million, averaging at $96,779 per BTC. Since May, this investment has given a 54.7% quarter to date return.
On December 4, Semler had 1,873 BTC he’d spent $147.1 million to buy at an average price of $78,553 per BTC. Meanwhile, MicroStrategy remains a crypto BTC treasury leader holding 402,100 BTC, worth an estimate $38.4 billion.
As BTC continues on an unprecedented surge followed by growing adoption of the Bitcoin Standard, Saylor is among the leading voices in the cryptocurrency space, celebrating their milestones and leading the charge for their potential as a transformative financial asset.
