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Saylor’s Cryptic Tweet Ignites Fresh Debate Over Strategy’s Bitcoin Machine

WebProNews·Juan Vasquez·4 months ago
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Michael Saylor posted two words on X late Saturday. “Working ₿etter.” Traders and analysts pounced. The message, laced with a Bitcoin symbol, revived a familiar ritual. For years similar updates from the Strategy executive chairman have preceded fresh Bitcoin acquisitions disclosed in SEC filings days later. Strategy, formerly known as MicroStrategy, holds 843,738 Bitcoin. That stack, accumulated at an average cost near $75,700 per coin, sits at roughly $62 billion in current value. The company added 24,869 BTC for about $2.01 billion in mid-May alone, according to a CoinDesk report . Its purchases this year have outstripped all Bitcoin mined globally during the same stretch. Yet the latest pause stretches longer than recent habit. No addition since May 18. Cash reserves have thinned after a $1.38 billion buyback of convertible notes. Preferred stock obligations loom. And Saylor himself opened the door in recent weeks to selling small amounts of Bitcoin. The combination has markets on edge.…

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