Strategy executive chairman Michael Saylor posted a chart on Sunday suggesting another Bitcoin acquisition could follow. The post came as the company faces growing questions over its finances and recent Bitcoin sale.
Saylor wrote 'A good time to add more dots' alongside Strategy's signature Bitcoin purchase chart on X. Market observers often interpret such messages as precursors to new acquisitions, though the company has not confirmed any transaction. The messages followed Strategy's disclosure last Monday that it sold 32 Bitcoin worth about $2.5 million in late May. It was the firm's first such sale since 2022. Bitcoin fell below $60,000 on Friday. CEO Phong Le replied to Saylor's post by stating the company's strategy is to increase net Bitcoin and Bitcoin per share over time. SEC filings on Friday showed CEO Phong Le plans to sell about $11.1 million in shares and CFO Andrew Kang plans to sell about $3.9 million, tied to vested stock awards.