Michael Saylor Hints At Another Strategy Bitcoin Buy As BTC ETF Demand Dwarfs Mining Output
Strategy co-founder Micheal Saylor has hinted at another Bitcoin purchase for the firm as demand from US spot BTC ETFs (exchange-traded funds) dwarfed Bitcoin miner output last week. That’s as the Bitcoin price dropped over 1% in the last 24 hours to trade at $94,646.88 as of 1:10 a.m. EST, CoinMarketCap data shows. Despite the retracement, the leading crypto is still up more than 13% over the past 30 days. Saylor Hints At Impending Strategy Bitcoin Buy After Firm’s Q1 Earnings Call Saylor once again posted a snapshot of the SaylorTracker chart on X yesterday. With the caption, “Too much blue, not enough orange,” this is the fourth consecutive week the Strategy co-founder has posted the chart on his profile. The past posts were all followed by announcements of large Bitcoin purchases. Too much blue, not enough orange. pic.twitter.com/s1L6tWfC14 — Michael Saylor (@saylor) May 4, 2025 Saylor’s recent post comes after Strategy’s Q1...