Saylor's Mysterious Message Sparks Bitcoin Speculation
Michael Saylor, executive chairman of Strategy Inc., sparked fresh speculation over the company's next bitcoin move after posting a familiar bitcoin tracker chart on X with the caption 'Doing Business.'
The cryptic message drew attention because similar tracker posts have often preceded Strategy's weekly updates on its massive bitcoin holdings.
However, this summer has seen a change in Saylor's pattern. Last weekend's message sparked buy speculation, but the following filing showed a sale.
Strategy's public ledger shows four sales and no purchase since June 22, with the most recent sale of 1,638 BTC on August 3 for about $104.73 million at an average price of $63,957.