Michael Saylor has once again sent a signal to the market about consecutive Bitcoin (BTC) purchases. As the co-founder and chairman of Strategy, he recently posted on the social platform X, "Send more Orange," suggesting additional buying. Saylor's ambiguous message has previously led to new Bitcoin purchase announcements, increasing the likelihood of a ninth consecutive purchase.
This post came right after the company purchased 705,000 BTC. Strategy invested approximately 10.425 billion won (about $75 million) from May 26 to June 1, buying at an average price of $106,495 per coin. This has increased the company's total holdings to 580,955 BTC, currently valued at approximately 85.346 trillion won (about $61.4 billion).
According to the Bitcoin tracking site SaylorTracker, Strategy's total investment return is around 50%, with unrealized profits estimated at 28.634 trillion won (about $20.6 billion).
Recently, Strategy raised funds through a stock offering of approximately 1.39 trillion won (about $1 billion), and the industry believes these funds are likely to be used for additional Bitcoin purchases. Saylor, who has consistently emphasized long-term confidence in "digital gold," continues to draw global investors' attention to his future moves in the cryptocurrency market.
Real-time news...Go to Token Post Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
