Strategy Gears Up for Another Bitcoin Haul as Saylor Drops a Familiar Hint

Michael Saylor may be signaling that Strategy (formerly known as MicroStrategy) is preparing to snap up even more Bitcoin.

MicroStrategy (NASDAQ:MICRO) chairman Michael Saylor may be hinting at another large Bitcoin purchase as the company’s co-founder shared a familiar clue on X.

What Happened: Saylor posted a screenshot of the firm’s Bitcoin holdings with the cryptic caption: "Too much blue, not enough orange."

This teaser, usually precursory to Strategy’s official purchase announcements, has piqued the interest of crypto traders.

At present, MicroStrategy holds over 553,000 BTC, amounting to roughly 2% of Bitcoin’s total supply. However, with fresh funds being raised via equity sales, many anticipate this next acquisition could propel Strategy closer to the 600K BTC mark and beyond.

The company’s co-founder has also expressed his intent to "forever buy the top" of Bitcoin, showcasing his unwavering bullish stance on the cryptocurrency.

Those who have been following Saylor’s posts closely know that whenever he gets "bored" of the crypto market and starts complaining about the lack of "orange," it usually signals an upcoming Bitcoin purchase by Strategy.

This time, Saylor’s post has already sparked a response from traders, with Bitcoin’s price showing a slight increase of nearly 3%.

Historically, Strategy’s purchases have often triggered bullish waves across the market, and anticipation is once again building as many are positioning for a potential breakout of BTC above the $95,000 level.

Top MicroStrategy Analyst Still Sees $116K BTC Price Target, But Is Closing Out Some Positions

While Kiyosaki Predicts $1 Million Bitcoin, Hayes Says BTC Will Hit $1 Billion First

Bitcoin Price Today: BTC trades at $93,000.

See More: Best Cryptocurrency Scanners

News data source: kdj.com

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