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Saylor Hints at More Bitcoin Buying With ‘More Dots’ Post

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Summary

  • Michael Saylor, executive chairman of Strategy, signaled another purchase of Bitcoin (BTC).
  • The market interpreted Saylor’s remarks as a sign that he plans to increase the company’s Bitcoin holdings further.
  • Strategy last week bought another 1,587 Bitcoin worth about $100 million, bringing its total to 846,842.

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Photo: Michael Saylor
Photo: Michael Saylor

Michael Saylor, executive chairman of Strategy, hinted at another Bitcoin purchase.

Saylor shared a chart of Strategy’s Bitcoin holdings on X on June 21 and wrote, “Looks better with more dots.”

The market interpreted the post as a signal that the company plans to increase its Bitcoin holdings again. Saylor has made similar posts in the past shortly before announcing Bitcoin purchases.

Strategy is the world’s largest corporate holder of Bitcoin. The company last week bought another 1,587 Bitcoin worth about $100 million, bringing its total holdings to 846,842 tokens.

#Bitcoin Accumulation Strategy

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
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