#MicroStrategy Increases Bitcoin Holdings#
Hot Topic Overview
Overview
MicroStrategy founder Michael Saylor has released Bitcoin Tracker information for the ninth consecutive week, but this time he said that some parts of the website were not quite right. Since MicroStrategy previously marked a green dot on the website after each BTC purchase, but not this time, it has sparked market speculation. Blockstream founder Adam Back posted on social media that he believes MicroStrategy has completed the purchase of Bitcoin, but must announce it to the market through an 8-K filing before or after the normal trading hours of the stock market. According to past patterns, MicroStrategy always increases its holdings of Bitcoin the day after the relevant news is released, so the market generally expects MicroStrategy to announce an increase in its holdings of Bitcoin soon.
Ace Hot Topic Analysis
Analysis
MicroStrategy founder Michael Saylor has released Bitcoin Tracker information for the ninth consecutive week, but this time he said that some parts of the website were not quite right, sparking market speculation. Blockstream founder Adam Back posted on social media 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. Previously, MicroStrategy would mark a green dot on its website after each BTC purchase and increase its holdings of Bitcoin the day after the relevant news was released. Therefore, Adam Back's remarks have sparked market speculation about whether MicroStrategy has increased its holdings of Bitcoin. As MicroStrategy must announce its increase to the market before or after the stock market opens, the market expects that if MicroStrategy has indeed increased its holdings of Bitcoin, it will announce the relevant news in the near future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
MicroStrategy may have bought more Bitcoin, but it hasn't officially announced it yet.
MicroStrategy typically announces Bitcoin purchases through 8-K filings before or after the stock market opens.
MicroStrategy founder Michael Saylor released his ninth consecutive Bitcoin Tracker update, but this time he said some things on the website were not quite right.
According to previous patterns, MicroStrategy always buys more Bitcoin the day after the relevant news is released.