Strategy's Saylor Hints at Another Big Bitcoin Buy

Strategy, formerly MicroStrategy, may be preparing to add more Bitcoin to its treasury, according to an X post by Michael Saylor. The company's chairman and founder shared a chart from SaylorTracker, which tracks Strategy's BTC holdings, with the comment 'We're gonna need another color.'

This is not the first time Saylor has hinted at an upcoming Bitcoin purchase through social media posts. He has developed a pattern of posting cryptic messages before announcing additional purchases.

Strategy currently holds approximately 226,331 Bitcoin, acquired at a total cost of around $8.33 billion, with an average price of roughly $36,798 per BTC.

The company's most recent purchase was disclosed in early March 2024, when it acquired an additional 12,000 BTC.