A high government of Strategy, previously MicroStrategy, posted a cryptic publish on X, fueling hypothesis that the corporate is perhaps positioning itself to make one other Bitcoin acquisition quickly.
Strategy Executive Chairman Michael Saylor prompt in an X publish that the corporate would buy extra Bitcoins to spice up its present BTC holding of $42 billion.
Saylor To Buy More Bitcoin
In a typical Saylor trend, the Strategy high honcho disclosed the corporate’s BTC funding portfolio tracker, an indicator that the corporate is planning an upcoming Bitcoin acquisition.
Needs much more Orange. pic.twitter.com/lV5qgUP6oY
— Michael Saylor⚡️ (@saylor) March 30, 2025
“Needs even more Orange,” Saylor mentioned within the publish, referring to the orange circles within the graph (under), which represents the corporate’s Bitcoin purchases since September 2020.
Once once more, Saylor’s publish intrigued the crypto group as a result of many consider the graph conveys a message that Strategy will purchase extra BTC quickly.
Strategy Stockpile: Over $40B BTC
According to Saylor, Strategy’s Bitcoin holding now stands at greater than $42 billion. Despite the corporate’s already large funding in BTC, it appears the corporate will proceed to extend its holdings, believing within the worth of crypto.
Strategy has made nice strides in constructing its BTC reserve from its preliminary Bitcoin buy of 21,454 cash value $250 million in August 2020.
On March 17, the corporate introduced its newest acquisition of 130 Bitcoins for about $10.7 million in money, with a median worth of round $82,981 per coin.
Meanwhile, Onchain Lens reported on Sunday that Strategy moved a appreciable variety of its cash to new addresses.
“Strategy (formerly MicroStrategy) transferred 7,383.25 $BTC worth $612.92M to three new addresses on March 30,” Onchain Lens mentioned in a publish.
Analysts consider the corporate is influencing the crypto market to strengthen its place, as its chairman has persistently urged others by no means to promote their Bitcoin.
Strategy (previously #MicroStrategy) has transferred 7,383.25 $BTC value $612.92M into 3 new addresses.https://t.co/8KVn8hYNDL pic.twitter.com/g92HZCvoLp
— Onchain Lens (@OnchainLens) March 30, 2025
Fueling BTC Adoption
Many market observers argued that Saylor’s BTC funding technique may need pushed crypto adoption. Ironically, Saylor was pessimistic about Bitcoin’s future in 2013, predicting that the flagship crypto would fail.
However, in 2020, Saylor turned one in every of Bitcoin’s staunch advocates and has now been preaching the deserves of the firstborn crypto, urging firms to amass Bitcoin.
For instance, Visa deliberate to let its prospects spend digital property immediately at 70 million retailers. At the identical time, monetary establishments such as JPMorgan and Morgan Stanley have begun providing crypto investments to rich shoppers and institutional traders.
Featured picture from Times Now, chart from TradingView
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