Michael Saylor, chairman of Strategy, posted on X to indicate that the Bitcoin treasury firm plans to purchase BTC this week. He also called on retail holders to participate in the STRC proxy vote.
Michael Saylor took to the social media platform X on Sunday to share his regular update on Bitcoin acquisitions. According to his statement, the firm is set to buy more BTC during the current week as part of its ongoing strategy.
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Strategy is approaching the $28 billion issuance limit on its STRC preferred stock, yet the company continues to convert investor demand into spot bitcoin buys through a monthly funding cycle. Recent data shows purchases slowed after April's peak but remain active ahead of this week's ex-dividend deadline.
Michael Saylor, co-founder of Strategy, signaled that the company will buy more Bitcoin on Monday. The purchase would boost the firm's Bitcoin treasury holdings. Strategy is the world's biggest Bitcoin treasury company.
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Michael Saylor's Strategy could acquire at least 3,127 BTC this week through STRC share sales. The purchases may reduce Bitcoin supply and support higher prices as bulls target 100,000 dollars.
Derivatives markets indicate that bitcoin could rise 14% to $80,000 by the end of June, according to analysis from Derive.xyz. This optimistic outlook persists amid escalating geopolitical tensions in the Middle East. MicroStrategy has added to its holdings by purchasing $1.3 billion worth of bitcoin.
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President Donald Trump's family trust acquired shares in several cryptocurrency-related companies during the first quarter of 2026. The purchases were detailed in mandatory ethics filings released this week.
Two separate Bitcoin transactions have surfaced in recent reports.
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Trump Media & Technology Group has withdrawn its plans for Truth Social-branded spot bitcoin and bitcoin-and-ether ETFs. The move came after the firm pulled its registration statements with the U.S. Securities and Exchange Commission on May 19.