Saylor Signals Ninth Week of Bitcoin Buying with $1 B Preferred Stock Raise

“Send more Orange,” Strategy’s executive chairman Michael Saylor posted on X on June 8, accompanied by a chart detailing the firm’s escalating Bitcoin reserves. Historically, Saylor’s cryptic messages have often preceded significant Bitcoin acquisitions. If this pattern holds, the firm may soon announce its ninth consecutive weekly BTC purchase. Between May 26 and June 1, Strategy acquired 705 BTC for approximately $75.1 million, at an averag...

Saylor Signals Ninth Week of Bitcoin Buying with $1 B Preferred Stock Raise Coinatory