#SaylorHintsAtMoreBTC

🟠 Saylor posted "Working Better" with a Bitcoin chart. This community knows what that means.

Michael Saylor has a way of signaling that something's about to happen with Bitcoin and he just did it again.

Let me tell you why this is important now.

On May 31 Saylor posted "Working Better" on media with a chart that shows every Bitcoin purchase since 2020.

If you have been following Michael Saylor and his company for a while you know what this means.

He has done this before posting a message with the Bitcoin chart and it always means the same thing. He is about to buy more Bitcoin.

The market always reacts the way when he does this.

People start to get excited and anticipation builds up.

The thing is, the timing of this signal is a bit complicated.

Michael Saylors company, Strategy already owns a lot of Bitcoin. 843,738 To be exact.

They bought all that Bitcoin at a price of $75,701 per coin.

Now the price of Bitcoin is around $59,641.

This means that Strategy is sitting on a loss. Around $13.5 billion.

Their stock, STRC is also not doing well.

It hit an all-time low of $74 week and is trading at a discount.

They have cash to cover their expenses for about 14 months.

There is a vote coming up on June 7 to decide if they should adjust their dividend.

So when Michael Saylor hints that he is going to buy Bitcoin it can be seen in two different ways.

Some people think it is an idea. If the price of Bitcoin goes up the new purchases will be very profitable.

This is like buying more of something when it's cheap so that you can sell it for a higher price later.

It is like Michael Saylor is saying that he believes in Bitcoin and he is willing to buy more of it even when the price is low.

The "Working Better" signal could mean that he is about to make a smart purchase.

Others think it is a bad idea. The company is already losing a lot of money on their Bitcoin purchases.

If they buy Bitcoin and the price goes down they will lose even more money.

It is like they are taking a risk with their money.

If the price of Bitcoin falls to $50,000 it could be very bad for the company.

The vote on June 7 is very important.

If the shareholders decide to adjust the dividend it could help the company. Make people less worried.

Michael Saylor has been wrong about when the price of Bitcoin would go up. He has always believed in it.

He bought Bitcoin when it was $11,000, $65,000 and $95,000.

He has never changed his mind, about Bitcoin no matter what the price was.

Whether he is a genius or taking a risk only time will tell.

The market is watching to see what will happen next.

The chart is. An announcement is likely to follow.

So do you think Michael Saylors next move will be an smart purchase of Bitcoin or a dangerous risk that could hurt the company?

‍#GateSquare #Bitcoin