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MainNewsSaylor Hints...

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


by Abdulkarim Abdulwahab
for CoinEdition
Michael Saylor of Strategy hinting at new Bitcoin buys via an 'orange dot' social media post screenshot analysis graphic.
  • 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.

Read the article at CoinEdition

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MainNewsSaylor Hints...

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


by Abdulkarim Abdulwahab
for CoinEdition
Michael Saylor of Strategy hinting at new Bitcoin buys via an 'orange dot' social media post screenshot analysis graphic.
  • 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.

Read the article at CoinEdition

Read More

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Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be

In response to criticisms labeling Social Security as a Ponzi scheme, Martin O’Malley...
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