Saylor Hints at New Bitcoin Buy as Strategy Eyes 600,000 BTC
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- Strategy chairman Michael Saylor hinted at a new Bitcoin purchase via social media.
- The firm currently holds 553,555 BTC worth over $52.8 billion.
- It has raised $84 billion to support further Bitcoin acquisitions.
Michael Saylor might be gearing up for another Bitcoin shopping spree for MicroStrategy. In a post on X, Saylor shared a screenshot of Strategy’s Bitcoin portfolio tracker with the caption: “Too much blue, not enough orange.”
Saylor Drops ‘Orange Dot’ Hint on X
This cryptic message suggests the software firm may soon expand its already record-setting Bitcoin holdings. Notably, orange dots on the tracker represent each instance of Strategy buying Bitcoin.
Strategy’s Massive Bitcoin Bet Deepens
The company holds 553,555 BTC, worth approximately $52.8 billion, accounting for more than 2% of Bitcoin’s circulating supply. Saylor’s remark indicates plans to increase that total. Notably, similar posts in the past have often preceded Bitcoin acquisitions, typically announced on Mondays.
Just …
The post Saylor Hints at New Bitcoin Buy as Strategy Eyes 600,000 BTC appeared first on Coin Edition.
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