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Saylor Predicts Bitcoin Rally, Hints More Buying

Strategy Executive Chairman Michael Saylor hinted at a possible expansion of the company’s bitcoin holdings in a Nov. 1 X post. The chart he shared showed 848,517 BTC and 119 purchase events, but its balance matched Strategy’s disclosed holdings as of Oct. 25. The post did not confirm another purchase.

Strategy reported that it neither bought nor sold bitcoin during Oct. 19–25. Its holdings had risen 26% year to date through Oct. 25, while BTC Yield, a measure of bitcoin per assumed diluted share, was negative 3.7%. In an Oct. 29 earnings announcement, Saylor said bitcoin was at the start of another bull market, citing renewed institutional demand among other factors.

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