#MicroStrategy Increases Bitcoin Holdings#

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Overview

There have been recent reports suggesting that MicroStrategy may have increased its Bitcoin holdings. Adam Back, founder of Blockstream, posted on X that MicroStrategy may have completed the Bitcoin purchase but must announce it to the market through an 8-K filing before or after the stock market opens. Previously, MicroStrategy founder Michael Saylor had released Bitcoin Tracker information for nine consecutive weeks, but this time he stated that some parts of the website were incorrect. Based on past patterns, MicroStrategy typically increases its Bitcoin holdings the day after releasing related news.

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Analysis

Recently, MicroStrategy has been speculated to have increased its Bitcoin holdings. Adam Back, founder of Blockstream, posted on social media platform X that he believes MicroStrategy has completed the Bitcoin purchase, but must announce it to the market through an 8-K filing before or after the normal trading hours of the stock market. This speculation stems from MicroStrategy founder Michael Saylor's ninth consecutive week of releasing Bitcoin Tracker related information, but this time he said that some parts of the website were not quite right. Previously, after each BTC purchase by MicroStrategy, the website would mark a green dot on the corresponding date, while the BTC price trend line would be in blue. According to the previous pattern, MicroStrategy always increased its Bitcoin holdings the day after the relevant news was released. While there is no official confirmation yet whether MicroStrategy has increased its Bitcoin holdings, Adam Back's speculation and Michael Saylor's hints have both sparked market expectations for MicroStrategy to increase its Bitcoin holdings.

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MicroStrategy may have bought more Bitcoin, but it hasn't announced it publicly.

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MicroStrategy typically announces Bitcoin purchases through 8-K filings before or after the stock market opens.

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MicroStrategy founder Michael Saylor released his Bitcoin Tracker for the ninth week in a row, but some things on the website were not quite right.

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MicroStrategy may have bought more Bitcoin the day after the news was released.

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