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#MicroStrategy Increases Bitcoin Holdings#

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Overview

MicroStrategy founder Michael Saylor has released Bitcoin Tracker information for the ninth week in a row, but this time he said some things on the website were not quite right. Previously, the website would mark a green dot on the corresponding date whenever MicroStrategy bought Bitcoin, while the BTC price trend line was blue. According to the previous pattern, MicroStrategy always bought more Bitcoin the day after the relevant news was released. Blockstream founder Adam Back posted on X platform that he believes MicroStrategy has completed its 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.

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Analysis

MicroStrategy may have recently bought more Bitcoin, but it has not yet officially announced it. Blockstream founder Adam Back posted on social media platform 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 normal trading hours of the stock market. Previously, MicroStrategy founder Michael Saylor released Bitcoin Tracker related information for the ninth consecutive week, but this time he said that some parts of the website were not quite right. According to past patterns, MicroStrategy usually buys more Bitcoin the day after releasing related news. Therefore, Adam Back's speculation has sparked market speculation about MicroStrategy's purchase of more Bitcoin. Currently, MicroStrategy has not responded to this news.

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MicroStrategy may have bought more Bitcoin, but it needs to announce it to the market via an 8-K filing before or after the stock market opens.

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

MicroStrategy typically buys more Bitcoin the day after it releases related news.

MicroStrategy's Bitcoin purchases could have an impact on the market.