Michael Saylor , the co-founder of MicroStrategy, has reignited speculation that the company could be making a new Bitcoin purchase. The company’s recent inclusion in the Nasdaq-100 Index has reinforced these rumors. This development also further demonstrates MicroStrategy’s growing influence in the world of technology and finance.
MicroStrategy and the Possibility of a New Bitcoin Purchase
Michael Saylor made a mysterious post on social media on Dec. 15. In it, he questioned whether his portfolio tracker, called “SaylorTracker,” had missed a sign. These signs have historically pointed to new Bitcoin purchases by the company. The statement sparked speculation in the crypto community that a new purchase was imminent. Over the past five weeks, Saylor has been sharing subtle hints about Bitcoin purchases. These hints have often been followed by official announcements of large purchases.
In addition, during this process, MicroStrategy’s Bitcoin holdings increased to over 171,000 BTC. The company invested over $15 billion in total for these purchases. If a new purchase is made, it will be the first Bitcoin purchase after joining the Nasdaq-100 Index. Moreover, analysts consider this development as a step towards entering the S&P 500 Index. For example, according to James Van Straten, the company should only report positive income for four quarters. Straten said the following on the subject:
If the FASB regulation is implemented in the first quarter of 2025 and Bitcoin reaches $120,000, MicroStrategy could generate $25 billion in net income, which could see the company join the S&P 500 in the second quarter of 2025.
Marathon Digital’s Nasdaq-100 Target
As MicroStrategy strengthens its leadership, Marathon Digital Holdings is also aiming for the same success. Saylor stated that Marathon is the next candidate to be included in the Nasdaq-100 . Moreover, in a post on December 14, he thanked Marathon CEO Fred Thiel. He also expressed his confidence in the company’s potential. Marathon is currently far from MicroStrategy’s market value. However, the company’s market value is below $10 billion.
However, Marathon is aggressively expanding its Bitcoin strategy. For example, it spent over $1 billion this month, increasing its Bitcoin reserves to 40,435 BTC. The current value of these reserves has reached $3.9 billion. As a result, with these new purchases, Marathon has become the second largest institutional Bitcoin holder. By growing its Bitcoin portfolio, the company is becoming a major player in the institutional crypto investment space.
The Future of Crypto Investments
As a result, companies like MicroStrategy and Marathon show that Bitcoin is increasingly being adopted by institutional investors. As we reported at Kriptokoin.com , institutional investments are one of the critical factors shaping the future of crypto markets. In short, this interest in Bitcoin contributes significantly to the growth of the crypto ecosystem.
