#MicroStrategy Increases Bitcoin Holdings#
Hot Topic Overview
Overview
MicroStrategy has been speculated to have increased its Bitcoin holdings recently. Adam Back, founder of Blockstream, said on social media platform X 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. Previously, MicroStrategy founder Michael Saylor released Bitcoin Tracker information for the ninth consecutive week, but this time he said that some parts of the website were not quite right, which differed from the previous pattern of marking green dots on the website after each BTC purchase. Based on past experience, MicroStrategy usually increases its Bitcoin holdings the day after the relevant news is released, so the market speculates that the increase has been completed this time.
Ace Hot Topic Analysis
Analysis
MicroStrategy founder Michael Saylor has released his Bitcoin Tracker information for the ninth consecutive week, but this time he said some parts of the website were incorrect. Previously, the website would mark a green dot on the corresponding date whenever MicroStrategy bought BTC, while the BTC price trend line was blue. Based on previous patterns, MicroStrategy always increased its Bitcoin holdings the day after the relevant information was released. However, Saylor's remarks this time sparked market speculation, with Blockstream founder Adam Back posting on X platform: "I think MicroStrategy has completed its Bitcoin purchase, but it must be announced to the market through an 8-K filing before or after the normal trading hours of the stock market." This speculation is based on MicroStrategy's previous practice of increasing its Bitcoin holdings and Saylor's correction of the website information this time. While there is no official confirmation yet, the market generally believes that MicroStrategy may have already increased its Bitcoin holdings, but it needs to be officially announced before or after the stock market opens.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
MicroStrategy may have bought more Bitcoin, but it needs to announce it to the market via an 8-K filing before or after the stock market opens.
MicroStrategy founder Michael Saylor has released Bitcoin Tracker information for the ninth week in a row, but some things on the website are not quite right.
MicroStrategy typically buys more Bitcoin the day after releasing related news.
MicroStrategy's move to buy more Bitcoin could have an impact on the market, and its announcement should be watched.