🪙 Even more orange
Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor posted a chart on X captioned “Even more orange.” Each orange dot on his charts traditionally marks a Bitcoin purchase, with the dot's size reflecting the buy volume.
• Such posts often serve as unofficial teasers ahead of the company's official US regulatory filings, typically released on Mondays. Last week, a similar tweet preceded the announcement of a 950 BTC purchase.
• Alongside crypto acquisitions, Strategy spent $174 million last week buying back its STRC preferred dividend-paying shares. This amount is more than double what it spent on its latest Bitcoin buy ($76 million).
• The market is awaiting today's official filing to confirm the new purchase volumes. The company's current treasury holds 846,000 BTC at an average cost of approximately $75,416.
#BTC #StrategyStriveAdd2305BitcoinThisWeek #BITCOIN $BTC $STRC $MSTRB
Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor posted a chart on X captioned “Even more orange.” Each orange dot on his charts traditionally marks a Bitcoin purchase, with the dot's size reflecting the buy volume.
• Such posts often serve as unofficial teasers ahead of the company's official US regulatory filings, typically released on Mondays. Last week, a similar tweet preceded the announcement of a 950 BTC purchase.
• Alongside crypto acquisitions, Strategy spent $174 million last week buying back its STRC preferred dividend-paying shares. This amount is more than double what it spent on its latest Bitcoin buy ($76 million).
• The market is awaiting today's official filing to confirm the new purchase volumes. The company's current treasury holds 846,000 BTC at an average cost of approximately $75,416.
#BTC #StrategyStriveAdd2305BitcoinThisWeek #BITCOIN $BTC $STRC $MSTRB