Buy large bitcoins? Saylor abandons the clue as the strategy changes

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The highest strategy director, earlier, Microstrategy, published a mysterious post on X, fueling speculation that the company can position itself to create another Bitcoin takeover soon.

The chairman of the strategy, Michael Saylor, suggested in post X that the company would buy additional bitcoins to enhance the current ownership of BTC by $ 42 billion.

Saylor to buy more bitcoins

In a typical way, Saylor the highest honor revealed the BTC Investment Portfolio Tracker offer, the indicator that the company is planning the upcoming takeover of Bitcoin.

“He needs even more orange,” said Saylor on the post, referring to the orange circles on the chart (below), which represents the company’s Bitcoins from September 2020.

Once again, Paylor’s post intrigued the cryptographic community, because many believe that the chart reports the message that the strategy will soon buy more BTC.

Stockpile strategy: over USD 40 billion BTC

According to Saylor, Holdcoin Strategy’s Bitcoin is currently over $ 42 billion. Despite the huge investment of the company in BTC, it seems that the company will continue to enhance its shares, believing in the value of cryptography.

The strategy has made great progress in building the BTC reserve based on the first purchase of Bitcoins in the amount of $ 21,454 coins worth $ 250 million in August 2020.

On March 17, the company announced its last acquisition of 130 Bitcoins for around USD 10.7 million in cash, with an average price of about USD 82,981 per coin.

BTC now has USD 84,287. Chart: TradingView

Meanwhile, the Onchain lens announced on Sunday that the strategy has moved a significant number of its coins to fresh addresses.

“Strategy (earlier Microstrategy) moved 7,383.25 $ BTC worth USD 612.92 million to three new addresses on March 30,” said Onchain’s lens on the post.

Analysts believe that the company affects the cryptographic market to strengthen its position, because its chairman consistently encouraged others to sell its bitcoins.

Influencing BTC adoption

Many market observers have argued that the BTC Saylor investment strategy could lead to cryptocurrency acceptance. Ironically, Saylor was a pessimist about the future of Bitcoin in 2013, predicting that the flagship crypto would fail.

However, in 2020, Saylor became one of the die -hard supporters of Bitcoin and now proclaimed the advantages of the firstborn cryptography, calling for companies to take over Bitcoin.

For example, Visa planned to allow her clients to spend digital assets directly on 70 million buyers. At the same time, financial institutions, such as JPMorgan and Morgan Stanley, began to offer cryptographic investments to wealthy clients and institutional investors.

A distinguished picture from Times Now, chart from TradingView

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