The week has started strongly: Bitcoin has broken the $ 87,000 limit and possibly more good news will follow soon. Michael Saylor, founder of Strategy, seems to announce a new purchase with a nod on X. This happens remarkably enough just after a recent capital round with which the company has raised more than $ 700 million.
On Sunday, Saylor shared a Bitcoin graph with the text “Needs More Orange” – a typical reference to Bitcoin. The timing seems no coincidence, because the markets open again on Monday. That is traditionally the moment when MicroStrategy announces new Bitcoin purchases.
Small purchase after long range
The last purchase of strategy dates from 17 March. Then the company bought 130 Bitcoin for around 10.7 million dollars. That is one of the smallest purchases in their history and came after a short break of two weeks. Nevertheless, the total remains impressive: Strategy now has 499,226 Bitcoin, making it more than the largest listed Bitcoin company in the world.
In the months of November 2024 to January 2025, Strategy bought Bitcoin for twelve weeks in a row. Since then there seems to be a more spread approach, possibly not to influence the market too much.
On March 21, the company announced that it is expected to raise around $ 711 million through a new issue of preferential shares. The shares were sold for $ 85 each and yield a coupon interest rate of 10 percent.
With this new capital in his pocket, a next purchase seems to be only a matter of time. Saylor has shown more often in the past that he quickly turns available funds into Bitcoin. This is in line with his vision that Bitcoin is the ultimate savings in a time of constant monetary expansion.
Call to the government
During his recent speech on the Blockworks Digital Asset Summit, Saylor went one step further. He called on the US government to possess no less than 25 percent of the entire Bitcoin offer by 2035. According to him, this is essential to maintain geopolitical influence in a world in which Bitcoin is becoming increasingly dominant.
In his proposal for a national strategy plan, he argues for clear legislation on cryptocurrencies and an active purchasing policy by the government. In addition, he states that Bitcoin is the only raw material that performs structurally better than the S&P 500 index.
Despite market volatility, Strategy is still on an unprecedented unrealized return of more than $ 9.3 billion. That is an increase of 28 percent on their total investment.
The signals indicate that the next purchase will not take long. If the rate continues to rise like this, the magical limit of half a million bitcoin could be exceeded within a few days.
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Source: https://newsbit.nl/michael-saylor-hint-op-nieuwe-bitcoin-aankoop-voor-strategy/
