Michael Saylor, co-founder of Strategy, hinted at resuming significant Bitcoin purchases after a short pause. The company continues its Bitcoin accumulation plan.
Resumption of Bitcoin purchases
Recently, Saylor shared a Bitcoin chart, suggesting an imminent purchase, coinciding with the recent issuance of $2 billion in convertible bonds aimed at financing these new purchases.
Financial strategy and plans
Saylor mentioned his intention to enhance the use of financial leverage in the first quarter of 2025 to finance further purchases, aiming to increase shareholder value and Bitcoin assets. However, he also warns against a potential Bitcoin takeover by China due to its influence in crypto mining.
Bitcoin market impact
If Strategy rapidly resumes buying, it could pressure Bitcoin prices upwards, which are already near all-time highs. The company is the largest institutional BTC holder, and its decisions significantly influence the market.
If Strategy continues its acquisitions, it could strengthen the bullish trend and attract other companies. The market awaits Saylor's next moves with anticipation.
