Newsmv
Michael Saylor signaled Monday that Strategy plans to purchase bitcoin again — a move that would mark the firm's fourth consecutive week of $BTC buying — while the company's position sits roughly $13 billion in the red.
The anticipated transaction would be confirmed in a Monday regulatory filing.
A Streak Held Through a Shrinking Tranche Strategy's most recent disclosed purchase was 520 bitcoin, transacted on June 22 and flagged as the company's smallest recent tranche.
The reduction in lot size was notable; the continuity of the buying streak was not broken. If Saylor's Monday signal produces a filing, it extends four uninterrupted weeks of accumulation.
Keep reading