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Home News Michael Saylor Sparks Speculation of Bitcoin Mega-Buy with Cryptic Post

Michael Saylor Sparks Speculation of Bitcoin Mega-Buy with Cryptic Post

by Barbara

Michael Saylor, CEO of MicroStrategy, stirred up Sunday afternoon with a social media post that may signal a new Bitcoin acquisition by the company.

Saylor, a well-known advocate for cryptocurrency, shared a Bitcoin portfolio tracker from his company, accompanied by a cryptic caption. The orange dots on the tracker likely represent past Bitcoin purchases made by Saylor and his firm. The color orange is also strongly associated with Bitcoin due to its logo, which was introduced by its creator, Satoshi Nakamoto, in 2009.

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The post strongly suggests that Saylor and MicroStrategy plan to purchase more Bitcoin. Given that many corporate Bitcoin acquisitions are often announced on Mondays, this could be a teaser for an upcoming announcement.

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As of March 30, MicroStrategy remains the largest corporate holder of Bitcoin, with a total of 506,137 BTC, valued at approximately $42 billion.

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