Crypto
Saylor's 'Bitcoin Drive' Message Revives Buy Expectations Ahead of Monday Update
Michael Saylor's latest message has sparked speculation that Strategy Inc. (Nasdaq: MSTR) will announce another bitcoin purchase on Monday.
Saylor posted 'Bitcoin Drive engaged' on August 2, accompanied by the company's familiar acquisition tracker.
The tracker showed Strategy's bitcoin reserve at 843,775 BTC, valued at approximately $53.25 billion, and an average cost of $75,653 per bitcoin.
A similar Sunday signal preceded the company's July 27 announcement, when Saylor posted 'We're gonna need another color' before Strategy disclosed a larger cash reserve.