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Michael Saylor Hints at Additional Bitcoin Purchases...12 Weeks in a Row

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JOON HYOUNG LEE
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  • Michael Saylor hinted at additional Bitcoin purchases and announced that related charts have been posted for 12 consecutive weeks.
  • MicroStrategy shareholders approved an expansion of the stock issuance limit for additional Bitcoin purchases.
  • Currently, MicroStrategy is reported to hold the most Bitcoin among single companies.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Michael Saylor, the chairman of MicroStrategy, hinted at additional purchases of Bitcoin (BTC).

Saylor posted a 'SaylorTracker' chart on X, which tracks MicroStrategy's Bitcoin purchases. This marks the 12th consecutive week of chart postings.

After posting the SaylorTracker chart, Saylor showed signs of additional Bitcoin purchases. MicroStrategy shareholders approved an expansion of the stock issuance limit for additional Bitcoin purchases on the 22nd of this month.

Meanwhile, MicroStrategy holds the most Bitcoin among single companies. According to Cointelegraph, MicroStrategy's unrealized Bitcoin investment gain amounts to $19 billion (approximately 27.2 trillion KRW).

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gilson@bloomingbit.ioCrypto Journalist