#SaylorBTCchase
Michael Saylor, co-founder of Strategy, has hinted at a forthcoming acquisition of Bitcoin (BTC) after raising additional capital through his recent preferred stock offering this week.
The executive shared a chart of the Bitcoin price on X and suggested that the company might make another BTC purchase as soon as tomorrow when traditional financial markets reopen. He accompanied his post with a playful message that said "needs more orange."
According to SaylorTracker, the company's last BTC purchase took place on March 17, when Strategy acquired 130 BTC for a total of $10.7 million, raising its accumulated reserves to 499,226 BTC.