Summary
- Michael Saylor, Strategy chairman, said there will be no additional Bitcoin purchases this week.
- Saylor emphasized the need to hold the $9 billion in holdings long term.
- The market said the remarks are interpreted as a determination to maintain a long-term holding strategy rather than short-term purchases.
Michael Saylor, Strategy chairman, said there will be no additional purchases of the company's Bitcoin (BTC) this week.
On the 5th (local time), Saylor wrote on his X, "There is no new orange dot (additional Bitcoin purchase) this week," and "it's merely $9 billion of evidence reminding us why we should hold."
The market interprets Saylor's remarks as indicating an intention to maintain a long-term holding strategy even without short-term purchases.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
