The post More Bitcoin Incoming? Michael Saylor Drops Hint at New Crypto Purchase appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure MicroStrategy (now rebranded to Strategy) looks set to keep piling into Bitcoin next week. The company’s founder, Michael Saylor, shared a snapshot of the Strategy Portfolio Tracker on X, a move he’s made on the eve of every purchase. Based on reports, this will mark the seventh weekly buy in a row. Strategy Keeps Buying According to the tracker Saylor posted, Strategy now holds 576,230 BTC. That stash is worth about $62 billion at current prices. It’s a small share of Bitcoin’s roughly 20 million coins in circulation, but it’s a big bet for one firm. Last week, on May 16, Strategy added 7,390 BTC to its haul for $764 million. Big Numbers On The Tracker Investors have watched this tracker signal six recent buys already. Each time, markets got a short-lived boost. Bitcoin even hit a fresh all-time high before slipping back. Now prices are hovering near $106K. That’s down about 5% over the past week, as traders took profits and global economic worries crept back in. I only buy bitcoin with money I can’t afford to lose. pic.twitter.com/h7pnFB8yvU — Michael Saylor (@saylor) May 25, 2025 What This Means For Bitcoin A fresh Strategy purchase could nudge prices higher again. Around 7,000 BTC is just 0.04% of the total supply. Yet, in thin trading or during a quiet news day, it can move the needle. Larger rallies usually need more than one firm. ETF inflows, big bank moves or clearer US rules might carry more weight. BTC is now trading at $109,937. Chart: TradingView Market Reactions And Risks Short sellers have already been busy. High-risk trader James Wynn closed a $1.2 billion Bitcoin long and opened a new short position. He was among those who bet…

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Filed under: News - @ May 26, 2025 10:25 am