Saylor posts Bitcoin chart, but market unsure if Strategy is buying or selling BTC

Michael Saylor posted Strategy's Bitcoin purchase chart on Sunday 12 July, captioned "the orange dots only tell part of the story." Historically, such Sunday posts preceded Monday announcements of new BTC purchases. This time the market is uncertain about the signal, as the previous week Strategy carried out its largest-ever Bitcoin sale, leaving investors unsure whether a buy or sell announcement is coming.

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🪙 Crypto Michael Saylor's Strategy sells 3,588 bitcoin for $216 million CoinDesk · 19d ago 🪙 Crypto Strategy overhaufs bitcoin metrics to give common shareholders clearer exposure picture CoinDesk · 1d ago 🪙 Crypto Strategy raises $225M selling MSTR stock, leaving bitcoin reserve untouched Decrypt · 5d ago

More on this topic

🪙 Crypto Michael Saylor's Strategy sells 3,588 bitcoin for $216 million CoinDesk · 19d ago 🪙 Crypto Strategy overhaufs bitcoin metrics to give common shareholders clearer exposure picture CoinDesk · 1d ago 🪙 Crypto Strategy raises $225M selling MSTR stock, leaving bitcoin reserve untouched Decrypt · 5d ago