#michaelsaylor暗示增持btc
He sent four words: MSTR rose 8.7% in the early session.
▪️ 9/20 Saylor posted “A little more orange,” along with an added-position chart; the market read it as a sign of increasing holdings
▪️ Confirmation in the 8-K on 9/21: last week he bought 950 shares for $75.70 million, bringing holdings up to 846,000 shares
▪️ In the same week, he spent $174 million to repurchase the company’s STRC preferred stock—2.3 times the amount spent on buying crypto ▪️ STRC moved from 75 to 98.51; par value is 100. The CEO said that if it doesn’t return to par, he won’t resume buying crypto
The disagreement isn’t about whether he buys or doesn’t; it’s that “restarting buybacks” became a messaging tool: a single hint brought 8.7%—and the action in the filing was 950 shares, just 0.11% of the position.
The trigger also isn’t BTC’s price, but the threshold the company set itself: STRC is still 1.49 away from par value. The real money spent is in the preferred-stock repurchases.
On the same day, BTC broke above 85,000 for the first time in a month, up 6% versus last Friday. This filing isn’t the reason it went up; the average price for the 950 shares is 79,670—only when it breaks below that would this buy be considered wrong.
Is this him improving the balance sheet, or first lifting his own preferred stock’s price back to par value? Which side are you on?$BTC
He sent four words: MSTR rose 8.7% in the early session.
▪️ 9/20 Saylor posted “A little more orange,” along with an added-position chart; the market read it as a sign of increasing holdings
▪️ Confirmation in the 8-K on 9/21: last week he bought 950 shares for $75.70 million, bringing holdings up to 846,000 shares
▪️ In the same week, he spent $174 million to repurchase the company’s STRC preferred stock—2.3 times the amount spent on buying crypto ▪️ STRC moved from 75 to 98.51; par value is 100. The CEO said that if it doesn’t return to par, he won’t resume buying crypto
The disagreement isn’t about whether he buys or doesn’t; it’s that “restarting buybacks” became a messaging tool: a single hint brought 8.7%—and the action in the filing was 950 shares, just 0.11% of the position.
The trigger also isn’t BTC’s price, but the threshold the company set itself: STRC is still 1.49 away from par value. The real money spent is in the preferred-stock repurchases.
On the same day, BTC broke above 85,000 for the first time in a month, up 6% versus last Friday. This filing isn’t the reason it went up; the average price for the 950 shares is 79,670—only when it breaks below that would this buy be considered wrong.
Is this him improving the balance sheet, or first lifting his own preferred stock’s price back to par value? Which side are you on?$BTC
