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‘We’re Gonna Need Another Color’: Michael Saylor Fuels Speculation Over Strategy’s Next Bitcoin Move

Covered by 3 sources · 3 articles

3 outlets - including Cryptonews, Theblock and Bitcoin - are covering this story. Michael Saylor posted Strategy's Bitcoin chart on Sunday with the line "We're gonna need another color", after a fourth straight weekly filing showed no purchases and a $3.2 billion cash pile. The post Saylor Teases Strategy’s Next Bitcoin…

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Saylor Teases Strategy’s Next Bitcoin Move With Cryptic ‘New Color’ Post
Crypto News Australia Jul 27, 08:43 UTC

Saylor Teases Strategy’s Next Bitcoin Move With Cryptic ‘New Color’ Post

Michael Saylor posted Strategy's Bitcoin chart on Sunday with the line "We're gonna need another color", after a fourth straight weekly filing showed no purchases and a $3.2 billion cash pile. The post Saylor Teases Strategy’s Next Bitcoin…

Michael Saylor teases ‘another color’ after four straight weeks without a Strategy bitcoin buy
The Block Jul 26, 20:49 UTC

Michael Saylor teases ‘another color’ after four straight weeks without a Strategy bitcoin buy

Strategy holds 843,775 BTC at an average cost of $75,476, leaving the position roughly $9.3 billion underwater with bitcoin near $64,600.

‘We’re Gonna Need Another Color’: Michael Saylor Fuels Speculation Over Strategy’s Next Bitcoin Move
Bitcoin.com News Jul 26, 14:31 UTC

‘We’re Gonna Need Another Color’: Michael Saylor Fuels Speculation Over Strategy’s Next Bitcoin Move

Michael Saylor’s latest bitcoin chart comes as Strategy holds 843,775 BTC, maintains a $3.225 billion cash reserve, and still has authorization to sell up to $23.53 billion of additional stock to raise capital, sharpening questions over whe…