Strategy's Michael Saylor signals impending Bitcoin purchase
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According to data from SaylorTracker, Strategy's BTC investment is up over 50%, representing unrealized capital gains of over $20 billion.
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC acquisition by the company, marking week eight of consecutive purchases by the company during this latest buying stint.
"Orange is my preferred color," Saylor wrote to his 4.4 million followers on X — a number that has been steadily growing over the past two years as the Strategy co-founder commands increased media attention due to the company's corporate treasury plan.
The company's most recent Bitcoin acquisition on May 26 of 4,020 BTC, valued at roughly $427 million at the time of purchase, brought Strategy's total holdings to 580,250 BTC.
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