‘Still Adding Dots’: Saylor Has Bitcoin Bulls Watching Again

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Michael Saylor has once again sparked speculation that Strategy may be preparing another Bitcoin (BTC) purchase. The Strategy executive chairman shared the company’s well-known Bitcoin acquisition chart on X alongside the short message, “Still adding dots.” Similar posts have frequently appeared just before Strategy announces new BTC purchases, which led many investors to expect another update.

Familiar Weekend Signal Returns

The chart Saylor shared on June 14 plots Strategy’s historical Bitcoin purchases as orange dots against Bitcoin’s price over time. As of June 14, the dashboard shows the company holding 845,256 BTC acquired through 111 purchase events, with the reserve valued at approximately $54.36 billion.

The dashboard also lists an average acquisition price of $75,682 per Bitcoin, which means the company’s holdings remain below cost basis following Bitcoin’s recent pullback. Indeed, BTC was at press time on June 15 trading at $65,628.68, up 1.9% on the day and 4% across the week.

Though Saylor didn’t explicitly announce a new purchase, the timing of the post has caught investors’ attention. Over the past several years, Strategy has repeatedly shared similar Bitcoin tracker charts on Sundays before publishing official purchase disclosures in SEC filings on Monday.

Strategy Continues Its Long-Term Bitcoin Strategy

The latest speculation follows Strategy’s return to buying after making its first Bitcoin sale in years.

Earlier this month, the company disclosed the purchase of 1,550 BTC for approximately $101.3 million, increasing its holdings to 845,256 BTC. That acquisition came shortly after Strategy sold 32 BTC to help fund dividend obligations tied to its STRC preferred shares in the company’s first reported Bitcoin sale since adopting its treasury strategy.

Despite that brief sale, Strategy quickly resumed accumulation, reinforcing Saylor’s long-standing view that Bitcoin remains the company’s primary treasury reserve asset.

Saylor’s latest post also comes just one day after he congratulated Elon Musk and SpaceX on the company’s historic IPO, noting that 25% of the “Mag8” now holds Bitcoin on its balance sheet following SpaceX’s disclosure of its BTC holdings.

Whether “Still adding dots” proves to be another advance signal for a fresh Bitcoin purchase should become clearer when Strategy publishes its next treasury update. Based on previous buying patterns, many market participants will be watching closely for a possible SEC filing early this week.

The post ‘Still Adding Dots’: Saylor Has Bitcoin Bulls Watching Again appeared first on TechGaged.com.