Saylor Hints Strategy May Be Buying More Bitcoin Amid Speculation
Michael Saylor, executive chairman of Strategy, has hinted at the company's Bitcoin strategy, sparking fresh speculation about potential new purchases. In a social media post, Saylor wrote 'Doing ₿usiness,' which some interpret as a reference to the company's continued focus on acquiring Bitcoin.
The company's current holdings amount to 842,138 BTC, valued at approximately $54.66 billion with an average acquisition cost of about $75,653 per Bitcoin. Strategy has become the world's most prominent corporate Bitcoin holder by using corporate financing to acquire the digital asset through periods of both strong market growth and significant volatility.
Saylor's post does not confirm a new purchase, but it has renewed speculation that Strategy may be preparing to increase its holdings. Investors will typically look for formal company disclosures before treating a new purchase as confirmed, but the timing of Saylor's message has attracted attention given the company's willingness to buy Bitcoin even in uncertain market conditions.