#MicroStrategy Increases Bitcoin Holdings#

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Overview

MicroStrategy founder Michael Saylor has released his Bitcoin Tracker for the ninth week in a row, but this time he said some things on the website were not quite right. Previously, the website would mark a green dot on the corresponding date whenever MicroStrategy bought BTC, while the BTC price trend line was in 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.

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Analysis

MicroStrategy's recent Bitcoin accumulation has once again drawn market attention. Adam Back, founder of Blockstream, posted on X that he believes MicroStrategy may have completed its 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 stated that some parts of the website were incorrect. Notably, MicroStrategy has always marked a green dot on its website on the corresponding date after each BTC purchase, while the BTC price trend line is in blue. Based on past patterns, MicroStrategy has always increased its Bitcoin holdings the day after the relevant news is released. Therefore, Adam Back's speculation has sparked market speculation about whether MicroStrategy has already increased its Bitcoin holdings. Currently, MicroStrategy has not responded to this news, but the market generally expects it to release relevant information soon.

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MicroStrategy may have already increased its holdings of Bitcoin, but it needs to announce it to the market through an 8-K filing 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 this time he said some things on the website were not quite right.

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According to previous patterns, MicroStrategy always increases its holdings of Bitcoin the day after the relevant news is released.

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Blockstream founder Adam Back believes MicroStrategy has completed the purchase of Bitcoin.

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