Amid Talk That Strategy May Not Buy Bitcoin, Big Bull Michael Saylor Makes The Anticipated Post
Amid discussions in the market about whether Strategy might temporarily pause its Bitcoin purchases to strengthen its cash position due to the recent pullback in Bitcoin and global macroeconomic uncertainties, a noteworthy statement came from the company’s founder, Michael Saylor.
Saylor, by releasing another “Bitcoin Tracker” update on the X platform, hinted that a new BTC accumulation might be on the horizon.
The post shows a graph of Strategy’s BTC purchases to date. Saylor added the note “turning orange” to his post. The orange dots represent the company’s purchases, and this post usually indicates that the company is making another purchase in the new week.
Therefore, market participants believe that Strategy may publicly announce a new round of Bitcoin purchases next week.
Current data shows that Strategy’s BTC portfolio stands at 671,268 BTC. The company’s Bitcoin portfolio is valued at approximately $58.95 billion, with an average purchase cost of $74,972. This position represents an increase in value of approximately 17% at current prices and indicates unrealized profit exceeding $8.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Detects Bitcoin Payment Growth as Digital Currencies Reshape Global Finance
Flow faces rollback backlash after $3.9m exploit hits execution layer
AI Connects Global Macro Shifts to Bitcoin as Digital Safe Haven
Russia tests retail crypto access under strict caps and ruble-only rule
