Saylor's 'Even More Orange' Chart Sparks Speculation About MicroStrategy's Next Bitcoin Move
MicroStrategy's executive chairman, Michael Saylor, has posted another Bitcoin chart on social media, sparking speculation about potential purchases.
The chart, captioned 'Even more orange,' features orange dots representing Bitcoin buys, with bigger dots indicating larger transactions. This type of post from Saylor often precedes the company's announcement of new Bitcoin acquisitions.
Last Sunday, a similar chart posted by Saylor was followed by a 950 BTC purchase worth around $76 million on Monday.
MicroStrategy is the largest public company holding Bitcoin and typically reports its purchases in filings with US regulators on Mondays.