Michael Saylor May Be Teasing a New Bitcoin (BTC) Acquisition by Strategy

CEO of Strategy Michael Saylor erupted the tranquility of Sunday afternoon with a post that may be hinting about a new Bitcoin (BTC) acquisition by the business intelligence company.

The tranquility of Sunday afternoon was disrupted by none other than Strategy (formerly MicroStrategy) CEO Michael Saylor, who may be hinting at a new Bitcoin (BTC) acquisition by the business intelligence company.

Thus, the entrepreneur and one of the most avid cryptocurrency fans shared a Bitcoin portfolio tracker of his company and accompanied it with a teasing caption.

"Needs even more Orange," Saylor penned, sharing a screenshot of a Bitcoin price tracker, highlighting previous purchases made by Strategy, which are being plotted on the graph with orange dots.

The other meaning of orange can be attributed to Bitcoin itself as the leading cryptocurrency is usually associated with this exact color due to its logo and brand, presented by Satoshi Nakamoto back in 2009.

Either way, Saylor's post is clearly suggesting one fact - he and his company have no intention of slowing down on Bitcoin accumulation.

And as the announcements of acquisitions often happen on Monday, today's post may indeed be a teaser of an announcement to follow.

Earlier this year, Strategy disclosed that it bought another 1,424 BTC for $71.5 million in the first quarter at an average price of $50,103.

The post comes shortly after Saylor stepped down as CEO of Strategy to focus on the metaverse project, which the company plans to launch later this year.

At the beginning of April, Saylor discussed the importance of investing in Bitcoin in an interview with Real Vision.

According to the billionaire, throughout history, people have lost fortunes due to inflation, while those who invested in "the best technologies" managed to accumulate wealth.

Saylor explained that civilizations have always advanced through technological innovation, and those who recognized and participated in these shifts in technology, however small their role, became wealthy in the process.

In today's world, Saylor highlighted that the most significant technological advancement is the integration of the digital and physical realms, with the metaverse serving as a pivotal aspect of this convergence.

Moreover, Saylor's company is the biggest corporate holder of Bitcoin. As of March 30, the total holdings of Saylor's company are amounting to 506,137 BTC, which is equivalent to $42 billion.

Earlier this year, Strategy disclosed that it bought another 1,424 BTC for $71.5 million in the first quarter at an average price of $50,103.