Michael Saylor, co-founder of MicroStrategy, has sparked speculation about another major Bitcoin acquisition.

This follows the company’s recent inclusion in the Nasdaq-100 Index, a significant milestone that highlights its growing influence in the tech and financial sectors.

MicroStrategy Eyes Bitcoin Acquisition

On December 15, Saylor cryptically questioned whether the SaylorTracker, a portfolio tracker highlighting each Bitcoin acquisition by the company, was missing a green marker. These markers have traditionally signified new Bitcoin purchases, prompting speculation in the crypto community about an imminent acquisition.

Over the past five weeks, Saylor has dropped subtle hints on social media about Bitcoin purchases, followed by official announcements of large-scale acquisitions by the subsequent Monday. During this period, MicroStrategy expanded its Bitcoin holdings to over 171,000 BTC, investing over $15 billion.

If a new acquisition is confirmed, it would mark MicroStrategy’s first Bitcoin purchase since its inclusion in the Nasdaq-100 Index on December 13. Analysts view this inclusion as a potential precursor to the company’s entry into the S&P 500, which tracks the performance of the 500 largest companies in the U.S.

James Van Straten of CoinDesk noted that the only remaining criterion for MicroStrategy’s S&P 500 entry is achieving positive earnings over the past four quarters.

“On a theoretical basis, once FASB is implemented in Q1 202

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Author: Oluwapelumi Adejumo