Michael Saylor, the eccentric co-founder of Strategy, has strongly hinted at yet another Bitcoin purchase.
As reported by U.Today, Strategy announced an additional $427.1 million Bitcoin purchase last week.
Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT
— Michael Saylor (@saylor) June 1, 2025
It remains to be seen whether the purchase will be able to move the market.
Usually, Strategy's Bitcoin purchases result in very little volatility.
Recently, Saylor attracted fresh criticism after rejecting the idea of publishing on-chain proof-of-reserves, citing security concerns.
Earlier this week, the billionaire also opined that it would get "exponentially harder" to actually buy Bitcoin.
