Michael Saylor, chairman of Strategy, has once again published a familiar Bitcoin accumulation chart, sparking interest among traders and investors.
Bitcoin Accumulation Chart
On Sunday, Michael Saylor posted his famed Bitcoin accumulation chart, which usually precedes the company's purchase announcements. Along with this chart, he included a caption that has become his digital signature: 'Stay humble. Stack sats.' The focus was not just on the chart but also on his accompanying message.
Market Impact
Currently, Strategy holds 601,550 BTC at an average price of $71,269 per coin, representing a 65% gain. The company's market cap currently stands at $119 billion, with Bitcoin making up nearly 60% of that value. This prompts questions among investors about potential new acquisitions.
What to Expect Next?
Last week, Saylor also posted a chart that led to no follow-up actions from the company, marking a rare deviation from the usual pattern. Now, all eyes are on whether Strategy will announce a new Bitcoin acquisition in the next 24 hours or if this was merely a play on words.
The return of the Bitcoin accumulation chart and Saylor's commentary continue to generate significant interest in the crypto community, leaving investors waiting for news.
