Strategy's Saylor Teases New Color in Cryptic Chart Post
Michael Saylor, executive chairman of Strategy ($MSTR), has sparked curiosity among Bitcoin enthusiasts and investors with his latest cryptic social media post.
The Sunday update shared a familiar chart tracking the company's Bitcoin acquisition history, accompanied by the caption: 'We're gonna need another color.'
This marks the fifth consecutive week that the tracker graphic has appeared without an accompanying announcement of new Bitcoin purchases.
Since its last disclosed buy on June 22, when Strategy added 520 BTC to its holdings, the company has focused on selling shares and building up its US dollar cash reserves, reaching a total of over $3.2 billion in cash.
The chart illustrates the scale of Strategy's long-running accumulation strategy, with 113 separate purchase events bringing the company's total Bitcoin holdings to 843,775 BTC at an average cost of approximately $75,476 each, representing a cumulative outlay of roughly $63.69 billion.