Strategy Bitcoin holdings may soon expand. Michael Saylor posted a cryptic message on Sunday.
The post featured the company’s familiar acquisition chart. It shows holdings peaking after 113 buys since 2020.
Why Strategy Bitcoin holdings hint matters
Saylor’s comment suggests the value may outgrow the orange line. This fueled talk of more purchases.
The company recently sold some BTC and shares. Nevertheless, it built $3 billion in cash reserves. Strategy holds 843,775 BTC worth about $54 billion.
Interpretations of the post vary widely. Some see it as a buy signal. Others view it as a sale hint. Share buybacks remain another possibility.
All eyes are on the Q2 earnings call. This happens on July 30. Investors will seek clarity on the company’s plans.