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Since April, Strategy has posted co-founder Saylor Short, Bullish Posts on X, followed by Bitcoin strategic purchases the next day. This time a repeat of the same pattern could repeat.
Strategy (formerly Micro Strategy) co-founder Michael Saylor hinted on another bitcoin [BTC] Purchase on Sunday 20 July. In a post on X he just said,
“Stay modest. Stack Sats.”
Attached was one Saylor Tracker Graph that showed that the company had 601,550 BTC, worth $ 71.01 billion at the time of writing.
Saylor has the habit of placing this graph on Sundays for the non -ingewid, and it is often followed by an announcement of a Bitcoin acquisition per strategy on Monday.
The last purchase was made on the 14th of Julym, where the company bought 4,225 BTC for $ 472.5 billion.
Spot ETF flows also reflected a strong demand for Bitcoin. Apart from July 1, every trade day has seen Positive inflow For the Bitcoin spot ETFs. This underlined the strong demand of investors.
BTC mentioned publicly mentioned continued to add their participations. Data of Bitcoin Treasuries showed that 860,766 BTC was held by public companies. The vast majority of them came from the United States.
Saylor to “top blast” bitcoin up to $ 200k?
Many of the reactions on social media reflected bullish enthusiasm. The public expected a $ 200k target for Bitcoin this cycle. One Twitter statement posted“
‘This is how you really hold. “
Under the leadership of strategy, Bitcoin Treasury companies during the current run have been one of the most important factors of BTC question. The conviction of Saylor is legendary, because the BTC strategy continued to buy through the Berenmarkt.
With the rising NAV premium during a bull run, however, Saylor can give new equity or convertible notes. They can pick up more capital to buy even more BTC, and this positive feedback job is what Saylor has referred to as “Bitcoin revenue generation.”
In the past month, the The shares of the company has set 14.68%, from $ 369.03 to $ 423.22. Market capitalization was $ 118.9 billion.