Michael Saylor hints at a Bitcoin purchase as whales aggressively accumulate

Saylor's hint comes a week after Strategy announced its latest investment in Bitcoin of $555 million

Whales and large institutions continue their aggressive accumulation of Bitcoin, with Strategy hinting at another Bitcoin investment that could be announced on Monday.

The co-founder of Strategy, Michael Saylor, hinted at another imminent investment in Bitcoin

BTC

€82,904

on April 27, a week after the firm acquired Bitcoin worth $555 million at an average price of $84,785 per coin.

"Stay humble. Accumulate sats," Saylor wrote, generating speculation among investors about the size of the company's next Bitcoin investment.

Source: Michael Saylor

"Between $1.4 billion and $1.6 billion, in my opinion," wrote popular blockchain analyst RunnerXBT in anticipation of Saylor's announcement, which would make it three times larger than Strategy's previous investment.

Strategy is the largest corporate holder of Bitcoin worldwide, with over 538,200 Bitcoin valued at more than $50.5 billion, according to Bitbo data.