Michael Saylors Strategy Signals Possible Bitcoin Accumulation After BTC Breaks $100K
On May 11, Saylor shared a seemingly casual post on X featuring the companys Bitcoin portfolio dashboard and the cryptic phrase connect the dots. While the message was brief, it fits a familiar pattern. Saylor has often hinted at major purchases with vague posts just before Strategy confirms new acquisitions. This has happened the past few weeks where he shares a post on Sunday and the next day the company makes a purchase.
Currently, Strategy controls over 555,000 BTC, according to Saylor Trackerplacing the company well ahead of any other corporate holder with a stash now valued at more than $58 billion. The firm has become synonymous with long-term Bitcoin conviction and has consistently expanded its holdings through both bull and bear markets.
Strategys aggressive approach has started to influence peers in the corporate space. Metaplanet, a Japan-based firm often dubbed the Asian MicroStrategy, recently opened a U.S. arm to extend its Bitcoin accumulation strategy internationally. The firm now holds more than 5,000 BTC.
In the U.S., the competition is growing more intense. Financial powerhouse Cantor Fitzgerald has teamed up with Tether to launch a $3 billion initiative focused on building a Bitcoin-focused treasury management firm. Meanwhile, Strive, led by Vivek Ramaswamy, has merged with Asset in a bid to establish another major Bitcoin-centric player.
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Text source: Coindoo
