Saylor Hints at MicroStrategy Bitcoin Buy After Four Weeks Without Purchase

BTC0.66%
MSTR-2.06%

According to The Block, on Sunday (July 26), Michael Saylor posted MicroStrategy's StrategyTracker chart showing 843,775 BTC worth approximately $54.4 billion with the caption "We're gonna need another color." It marks his fifth Sunday tracker post since the company last disclosed a bitcoin purchase on June 21.

MicroStrategy's most recent confirmed purchase was 520 BTC for about $34.9 million between June 15 and June 21. Subsequent filings on June 29, July 6, July 13 and July 20 recorded no bitcoin purchases, though the company completed $263.5 million in MSTR share sales, raising its dollar reserve to $3.225 billion.

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