Financial Insights That Matter
Image=Michael Saylor X(X)
MicroStrategy seems poised to purchase additional Bitcoin (BTC).
On the 12th (local time), Michael Saylor, Chairman of MicroStrategy, posted a chart from Saylor Tracker, a platform that tracks MicroStrategy’s Bitcoin purchases, on his X (formerly Twitter).
This marks the 10th consecutive week of chart postings, and typically, after Saylor posts this chart, MicroStrategy has gone on to purchase additional Bitcoin. Therefore, this is considered a signal for the company’s additional Bitcoin purchases.
Meanwhile, according to the Saylor Tracker chart, MicroStrategy currently holds a total of 447,470 BTC (approximately $42.4 billion).
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