Strategy's Bitcoin Holdings Remain Steady Amid Saylor's Mysterious Post
Michael Saylor's company, Strategy, has been buying Bitcoin for years. Its most recent update shows that it still holds 843,775 BTC as of July 19th, purchased at an average cost of $75,476 per coin.
The company's last disclosed purchase was on June 22nd, when it bought 520 BTC at $67,068 each. Since then, there have been four consecutive weekly updates showing no purchases.
Saylor posted a cryptic message on X, saying 'We're gonna need another color', along with the Bitcoin acquisition chart. This has sparked speculation about Strategy's next move in the market.