Saylor Hints at New Bitcoin Buy as Strategy Eyes 600,000 BTC

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. Related: Michael Saylor, Arthur Hayes Bet On Bitcoin Price Crossing $1 Million, But Why Are Crypto Traders Flocking To This Hidden Altcoin? Just … The post Saylor Hints at New Bitcoin Buy as Strategy Eyes 600,000 BTC appeared first on Coin Edition .

Source: Coin Edition