Michael Saylor indicated on 10 Aug. that his firm, frequently referred to in the posts as “Strategy” and understood to be MicroStrategy, plans to add to its Bitcoin holdings as soon as 11 Aug. Saylor reposted his widely followed Bitcoin “tracker,” a signal he has used before unveiling new acquisitions, and several crypto-focused outlets said he had announced the forthcoming purchase. None of the posts specified the size of the planned transaction, though multiple accounts described the prospective buy as being worth “billions.” MicroStrategy is already the largest corporate holder of the token, with more than 214,000 Bitcoin on its balance sheet as of its last public filing. The company and Saylor have not released an accompanying regulatory filing or official statement with further details.
👀 Did Saylor just hint at Strategy's new Bitcoin purchase? https://t.co/e2rWgUTRjI
BREAKING: MICHAEL SAYLOR JUST ANNOUNCED STRATEGY WILL BUY MORE #BITCOIN 🚀 https://t.co/SDPhM5Qxaj
BREAKING 🚨 MICHAEL SAYLOR ABOUT TO BUY BILLIONS WORTH OF BITCOIN https://t.co/Vr55oesnLy