Strategy Bitcoin Purchases Shrink as Buybacks Take Priority Ahead of Earnings

Saylor skips his Sunday bitcoin chart as Strategy heads into earningsStrategy chairman Michael Saylor did not share his usual Sunday bitcoin chart this week. Bitcoin watchers read that as a sign that Strategy (MSTR), the largest corporate holder of bitcoin, may have paused

Saylor skips his Sunday bitcoin chart as Strategy heads into earningsStrategy chairman Michael Saylor did not share his usual Sunday bitcoin chart this week.

Bitcoin watchers read that as a sign that Strategy (MSTR), the largest corporate holder of bitcoin, may have paused its buying

Saylor was active on X on Sunday: he described bitcoin as “the moat” in a reply to Jack Dorsey. But the chart that usually comes before a purchase announcement did not appear. A missing chart is a signal, not a confirmation.

The company’s Monday filing will settle the question, and its third-quarter results follow on Thursday. — Earlier: Bitcoin buyers are fighting back, but sellers aren’t finished. Here are the two prices swing traders should watch — What is the ‘orange dot chart’?For more than a year, Saylor has posted a snapshot of Strategy’s bitcoin tracker to X almost every Sunday. The chart plots the value of the company’s holdings over time, and each orange dot marks a purchase.

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