Summary
- Michael Saylor said, "This week we bought bonds, not Bitcoin."
- Markets took the remark as a sign Strategy may be preparing financing or a treasury strategy for additional Bitcoin purchases.
- Strategy held 843,738 BTC as of May 24, worth about $64.45 billion, with an average purchase price of $75,701.
Forecast Trend Report by Period
Michael Saylor wrote on X on May 24 that "this week we bought bonds, not Bitcoin," adding that the "BitVac" is charging.
The "BitVac" Saylor mentioned refers to a "Bitcoin vacuum cleaner," a phrase interpreted as describing Strategy's Bitcoin acquisition strategy. Markets took the remark as a sign the company may be preparing financing or a treasury strategy for additional Bitcoin purchases.
As of May 24, Strategy held 843,738 BTC. The holdings were worth about $64.45 billion, and the company's average purchase price was $75,701. Strategy has bought Bitcoin 110 times since August 2020.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
