Michael Saylor Hints at "Working Better"… Suggests Additional Bitcoin (BTC) Purchase
Michael Saylor, founder of Strategy, is drawing attention after posting a message hinting at an additional purchase of Bitcoin (BTC). On the night of the 21st,
What to know
- Michael Saylor, founder of Strategy, is drawing attention after posting a message hinting at an additional purchase of Bitcoin (BTC). On the night of the 21st,
Michael Saylor, founder of Strategy, is drawing attention after posting a message hinting at an additional purchase of Bitcoin (BTC).
On the night of the 21st, the founder posted on his X (formerly Twitter) account a chart from the 'Saylor Tracker,' which indicates BTC buying timing, along with the phrase "Working Better." He has shown a pattern in the past of actually purchasing additional BTC after making similar posts, so this post is also being interpreted as a strong buy signal for the market.
Meanwhile, Strategy is currently conducting a shareholder vote on a proposal to change the dividend payment cycle of its STRC perpetual preferred stock from once a month to twice a month. The company explained that if the proposal passes, it would help improve liquidity and enhance price stability.