Saylor's 'We're Back' Signal Sends Bitcoin Buy Odds Soaring
Michael Saylor's rebranded company MicroStrategy has hinted at resuming its Bitcoin buying activities after a two-month pause. The company's Strategy co-founder posted 'We're Back' on the company's website, accompanied by an update to the BTC holdings tracker.
This move has increased expectations of another Bitcoin purchase, given that the company is sitting on an unrealized paper profit of $2.80 billion in its BTC holdings.
The Strategy co-founder's post sent Bitcoin buy odds soaring to 96% according to unnamed market analysts.