After seven straight weeks of regular Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to purchase extra Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a useless giveaway for a Strategy Bitcoin buy announcement.
Michael Saylor Cues Strategy Bitcoin Purchase
Michael Saylor has signaled a possible Bitcoin acquisition by Strategy after posting the corporate’s portfolio trackers. According to the tracker shared in an X post, Strategy holds 580,250 BTC valued at $60.69 billion at present costs.
Saylor has traditionally posted the MicroStrategy portfolio tracker on the eve of a Strategy Bitcoin buy announcement. Market contributors are deciphering the put up as a cue for an incoming Strategy Bitcoin acquisition, given earlier antecedents.
Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT
— Michael Saylor (@saylor) June 1, 2025
“Orange is my preferred color,” learn Saylor’s caption accompanying the portfolio tracker put up.
For seven consecutive weeks, Michael Saylor has posted the portfolio tracker earlier than Strategy’s Bitcoin bulletins. Last week, Strategy acquired 4,020 BTC for $427 million, deepening its place as the general public firm with the most important Bitcoin holdings.
Strategy has proven no signal of tapering its Bitcoin buying spree, with the corporate just lately elevating $2 billion to extend its holdings. Amid the proof of reserves fiasco, Arkham has unearthed Bitcoins related to Strategy that weren’t publicly introduced.
Will New Purchase Halt Price Decline?
Bitcoin value through the weekend has been torpid, underscored by dwindling transaction quantity. Ahead of the incoming Strategy Bitcoin buy, the most important cryptocurrency is buying and selling at $104K, down by 6.79% from its all-time excessive of $111,970.
While the asset has loved a streak of heavy institutional purchases through the week, company curiosity thawed because the weekend rolled in. Strategy, Gamestop, Metaplanet, and The Blockchain Group purchased sizable quantities of Bitcoin through the week.
On the one-week chart, Bitcoin price has crashed by 8%, with buyers hoping that renewed institutional shopping for led by Strategy will preserve costs from slipping under $100K. In mid-May, a hefty Strategy Bitcoin buy performed a key function in powering BTC to set a brand new all-time excessive.
Disclaimer: The offered content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty on your private monetary loss.