Michael Saylor Hints at Additional Bitcoin Purchase

Source
JOON HYOUNG LEE

Summary

  • Chairman Michael Saylor indicated the possibility of additional Bitcoin purchases.
  • Strategy revealed plans to purchase Bitcoin with $2 billion in new funding.
  • Strategy reported earning over $1.8 billion from Bitcoin investments this year.
Chart of 'Saylor Tracker' posted by Michael Saylor, Chairman of Strategy on X
Chart of 'Saylor Tracker' posted by Michael Saylor, Chairman of Strategy on X

Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has hinted at additional Bitcoin (BTC) purchases.

On the 23rd (local time), Saylor posted the 'Saylor Tracker' chart on X, which tracks Strategy's Bitcoin purchase history. Following the posting of the Saylor Tracker chart, Chairman Saylor showed movements indicating additional Bitcoin purchases.

Strategy had recently planned to raise $2 billion in new funding to purchase Bitcoin. Strategy has earned over $1.8 billion (approximately 2.6 trillion won) from Bitcoin investments this year alone.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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