#MicroStrategy Increases Bitcoin Holdings#
Hot Topic Overview
Overview
MicroStrategy founder Michael Saylor has released Bitcoin Tracker information for the ninth week in a row, but this time he said some things on the website were not quite right. Previously, MicroStrategy would mark a green dot on the corresponding date after each BTC purchase, while the BTC price trend line was blue. According to previous patterns, MicroStrategy always increased its holdings of Bitcoin the day after the relevant news was released. Blockstream founder Adam Back posted on X platform that he believes MicroStrategy has completed its Bitcoin purchase, but must announce it to the market through an 8-K filing before or after the normal trading hours of the stock market.
Ace Hot Topic Analysis
Analysis
MicroStrategy has been speculated to have increased its Bitcoin holdings recently. Adam Back, founder of Blockstream, posted on X, saying that MicroStrategy may have completed the Bitcoin purchase but must announce it to the market through an 8-K filing before or after the stock market opens. This speculation stems from MicroStrategy founder Michael Saylor's ninth consecutive week of posting Bitcoin Tracker-related information, but this time he said that some parts of the website were not quite right. Previously, the website would mark a green dot on the corresponding date after each time MicroStrategy bought BTC, while the BTC price trend line was in blue. According to past patterns, MicroStrategy always increased its Bitcoin holdings the day after the relevant news was released. While there is no official confirmation yet on whether MicroStrategy has increased its Bitcoin holdings, Adam Back's remarks and Michael Saylor's hints have sparked market speculation about MicroStrategy's increase in Bitcoin holdings.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
MicroStrategy may have bought more Bitcoin, but it must announce it to the market via an 8-K filing before or after the stock market opens.
MicroStrategy founder Michael Saylor released Bitcoin Tracker information for the ninth week in a row, but this time said some things on the website were not quite right.
MicroStrategy typically buys more Bitcoin the day after it releases related news.
Blockstream founder Adam Back believes MicroStrategy has completed its Bitcoin purchase.