#MichaelSaylor

Michael Saylor Set To Buy More $BTC For Strategy

Strategy is showing no signs of slowing down its Bitcoin accumulation spree as company founder Michael Saylor hints at a fresh purchase. Saylor, in an X post, shared Strategy’s portfolio tracker, showing the Bitcoin price movement and the company’s purchases, a clear sign of an impending purchase.

Strategy’s previous $BTC purchases have always preceded Saylor’s portfolio tracker post with a purchase announced within 24 hours. This time, Saylor’s caption hints at a mega purchase despite the Bitcoin price, with the company keen on extending its purchasing streak.

“Never short a man who buys orange ink by the barrel,” wrote Michael Saylor on X.

According to the portfolio tracker, Strategy holds 568,840 BTC valued at $59 billion at current prices. The tracker reveals that the Bitcoin business has netted Strategy gains of $19.7 billion, with prices up by 49% since the accumulation spree.

Last week, Strategy scooped 13,390 $BTC for $1.34 billion to increase its Bitcoin holdings. The company has no shortage of cash to fund its purchase spree after revealing plans to raise $84 billion to fund its acquisition streak.