Michael Saylor Signals Another Bitcoin Purchase, Says It’s ‘A Good Time to Add More’

Strategy Chairman Michael Saylor shared a chart of the company’s Bitcoin holdings on his X account on June 7, writing, “A good time to add more dots.”

Strategy is considered the world’s largest corporate holder of Bitcoin. Saylor has repeatedly posted the company’s holdings tracker before new Bitcoin purchases, and Strategy has later disclosed additional buys.

The latest signal drew attention because it came shortly after news emerged on June 1 that Strategy had sold 32 Bitcoin. The sale shocked the market, and the broader digital-asset market, including Bitcoin, later underwent a sharp correction as investors focused on the fact that Saylor had moved to sell even a small amount of Bitcoin.

This latest post, however, underscored Saylor’s continued commitment to buying Bitcoin. Some in the market expect additional purchases by Strategy to help improve recently weakened investor sentiment.

Strategy currently holds more than 840,000 Bitcoin, making it the world’s largest corporate Bitcoin holder. Saylor has consistently maintained that Bitcoin will remain a core asset in the company’s treasury strategy.