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Michael Saylor · Bitcoin · Strategy ·

Strategy's Michael Saylor teases BTC buy with 'working better' tweet

2 min read

Compiled by KHAO Editorial — aggregated from 2 sources + 1 reference discovered via search. See llms.txt for citation guidance.

◎ Multiple-sources

Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.

Key facts

Summary

Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes days ahead of a proxy vote that depends in large part on retailer shareholders to enable semi-monthly dividend payouts on the company’s STRC perpetual preferred stock. “Working Better” was Saylor's tweet late Sunday morning to accompany a bubble chart tracking Strategy’s Bitcoin (BTC) purchases over the past nearly six years. To be sure, any purchases to be announced will likely reflect the company bought at or below the average cost of previous BTC purchases.

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