Editor's PiCK
Michael Saylor Hints at Additional Bitcoin Purchase...12 Consecutive Weeks
Summary
- Michael Saylor, Chairman of MicroStrategy, has indicated additional Bitcoin purchases.
- MicroStrategy announced that shareholders approved expanding the stock issuance limit for additional Bitcoin purchases.
- MicroStrategy reportedly holds the largest amount of Bitcoin among single companies.
Michael Saylor, Chairman of MicroStrategy, has hinted at additional Bitcoin (BTC) purchases.
Chairman Saylor posted the 'Saylor Tracker' chart on X (formerly Twitter) that tracks MicroStrategy's Bitcoin purchases. This marks the 12th consecutive week of chart postings.
Following the posting of the Saylor Tracker chart, Chairman Saylor showed movements indicating additional Bitcoin purchases. MicroStrategy shareholders approved a plan on the 22nd of this month to expand the stock issuance limit for additional Bitcoin purchases.
Meanwhile, MicroStrategy holds the largest amount of Bitcoin among single companies. According to CoinTelegraph, MicroStrategy's unrealized Bitcoin investment profit amounts to $19 billion (approximately 27.2 trillion won).
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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