Michael Saylor may have given a hint on Strategy (MSTR)’s next move after last week’s bitcoin surprise sale.
On Sunday, the company’s executive chairman released the chart traditionally used to track Strategy’s bitcoin purchases on X, writing: “Good time to add more points.” »
Market watchers view the postings as a harbinger of a new acquisition, even though the company has yet to officially announce any deals and will likely release an action on Monday.
The strategy’s CEO, Phong Le, appeared to reinforce that message in a response to Saylor’s post. “Our @Business Strategy is to grow Bitcoin net and Bitcoin per share over time,” Le wrote. “Otherwise, rumors are just rumors.”
The messages came after the strategy found itself under new scrutiny last week. The company revealed last Monday that it had sold 32 bitcoins, worth about $2.5 million, its first sale since 2022. Although insignificant compared to its treasury of more than 843,000 BTC, the transaction sparked debate as investors have long viewed the strategy as one of Bitcoin’s most consistent sources of demand.
Some market participants interpreted the BTC sale as a potential sign that Strategy could sell more of its Bitcoin holdings to support dividend payments or shore up liquidity if market conditions deteriorate further. These concerns only grew when bitcoin fell below $60,000 on Friday, its lowest level since October 2024.
Adding to the spotlight, documents filed with the SEC on Friday showed plans by two top executives to sell a total of $15 million worth of MSTR stock.
CEO Phong Le revealed plans to sell about $11.1 million worth of shares, while CFO Andrew Kang filed to sell about $3.9 million. The transactions were related to recently vested stock awards.
