Saylor Hints at Further Bitcoin Purchases for Strategy
Michael Saylor’s latest orange-themed post suggests Strategy may add to its roughly 848,000 BTC holdings after a recent $28.7 million purchase.
Strategy could increase its bitcoin holdings following an orange-themed social media post from Michael Saylor. The message hinted at another purchase but did not confirm a transaction.
The company holds roughly 848,000 BTC, according to Bitcoin.com News. Saylor’s latest signal came after Strategy acquired an additional $28.7 million worth of bitcoin.
Any further buying would come as the Nasdaq-listed company manages cash obligations to shareholders and creditors alongside its cryptocurrency purchases. The report did not specify the size or timing of a potential acquisition.
Source: Bitcoin.com News
