Whales and large institutions continue their aggressive Bitcoin accumulation, with Strategy hinting at another Bitcoin investment that may be announced on Monday.
Strategy co-founder Michael Saylor hinted at another imminent Bitcoin (BTC) investment on April 27, a week after the firm acquired $555 million worth of Bitcoin at an average price of $84,785 per coin.
“Stay Humble. Stack Sats,” Saylor wrote, spurring investor speculation of the size of the firm’s next Bitcoin investment.
Source: Michael Saylor
“1.4-1.6b range imo,” wrote popular blockchain analyst RunnerXBT in anticipation of Saylor’s announcement, which would make it three times as large as Strategy’s previous investment.
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Strategy is the world’s largest corporate Bitcoin holder with over 538,200 Bitcoin worth