#MicroStrategy Increases Bitcoin Holdings#

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Overview

MicroStrategy has been speculated to have increased its Bitcoin holdings recently. Adam Back, founder of Blockstream, posted on 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, hinting at a possible increase in holdings. According to past patterns, MicroStrategy usually increases its Bitcoin holdings the day after releasing related news.

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Analysis

MicroStrategy may have bought more Bitcoin, but it hasn't officially announced it yet. Blockstream founder Adam Back said on X that MicroStrategy may have completed the purchase of Bitcoin, but it must be announced to the market through an 8-K filing before or after the normal trading hours of the stock market. Previously, MicroStrategy founder Michael Saylor released Bitcoin Tracker information for the ninth consecutive week, but this time he said that something was not quite right on the website, which is different from the previous rule that the website would mark a green dot on the corresponding date after each purchase of BTC. Based on past experience, MicroStrategy always buys more Bitcoin the day after the relevant news is released, so the market speculates that MicroStrategy may have bought more Bitcoin, but it has not been officially announced yet.

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MicroStrategy may have bought more Bitcoin, but it hasn't announced it officially.

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MicroStrategy typically announces Bitcoin purchases through 8-K filings before or after the stock market opens.

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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.

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MicroStrategy typically buys more Bitcoin the day after releasing related news.

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