{"id":22044,"date":"2024-08-20T15:19:25","date_gmt":"2024-08-20T15:19:25","guid":{"rendered":"https:\/\/buycrypt.com\/blog\/?p=22044"},"modified":"2026-07-14T15:50:12","modified_gmt":"2026-07-14T15:50:12","slug":"big-bitcoin-buy-incoming-michael-saylor-playful-btc-tweet","status":"publish","type":"post","link":"https:\/\/buycrypt.com\/blog\/en\/big-bitcoin-buy-incoming-michael-saylor-playful-btc-tweet\/","title":{"rendered":"Big Bitcoin Buy Incoming? Michael Saylor Playful BTC Tweet"},"content":{"rendered":"<p><em><strong>Is Michael Saylor hinting at another big Bitcoin buy?<\/strong><\/em><\/p>\n<p>On Sunday, MicroStrategy executive chairman Michael Saylor posted on X, \u201cWe\u2019re going to need a bigger truck,\u201d with the Bitcoin hashtag. Could he be hinting at bold crypto moves ahead for his company?<\/p>\n<p>\u201cGonna need a whole fleet,\u201d answered a Solana meme coin project in response to Saylor\u2019s weekend Bitcoin post, meanwhile adding a puppy with lazer eyes to their reply.<\/p>\n<p>Under the leadership of founder Michael Saylor, an MIT graduate, the Virginia-based tech business intelligence and cloud services company has been acquiring Bitcoin like there\u2019s no tomorrow.<\/p>\n<p>Saylor\u2019s peers in the Bitcoin community online vehemently agree with his company\u2019s strategy.<\/p>\n<h2>MicroStrategy\u2019s Bitcoin Buying Spree<\/h2>\n<p>Earlier this month, MicroStrategy announced it would be raising $2 billion to buy more Bitcoin by selling corporate shares. The company announced its Class A share sales in a regulatory filing with the U.S. Securities and Exchange Commission on Aug. 1.<\/p>\n<p>In Q2 2024, from the beginning of April through June, MicroStrategy bought 12,222 BTC for $805 million, bringing its total Bitcoin on hand to 226,500 BTC, at a total cost to MicroStrategy of just $8.3 billion.<\/p>\n<p>At the prevailing Bitcoin price on crypto exchanges Sunday, Aug. 18, that Bitcoin pile is worth some $13.5 billion.\u00a0According to a new SEC filing, South Korea\u2019s pension fund\u00a0recently bought $34 million MSTR shares, which\u00a0could be the inspiration behind Saylor\u2019s tweet Sunday.<\/p>\n<h2>MSTR Shares Might Be On Sale<\/h2>\n<p>MicroStrategy stock may be on sale, but on-chain Bitcoin could provide investors with more security while being just as easy to acquire as stocks in 2024.<\/p>\n<p>The reason MSTR stocks could be on sale: they\u2019re now trading at around $130 per share. That makes them 90% cheaper after a 10-to-1 stock split to make the stock more affordable to a wider range of investors.<\/p>\n<p>Amazon has done this a handful of times in its history as a publicly traded company. It signals that the company and financial markets see its stocks as a high-growth investment with big upside left in the future.<\/p>\n<p>But retail investors who want to keep it simple are sticking with \u201chodling\u201d their on-chain Bitcoin in wallets. Or they prefer day-trading it in Bitcoin price markets on crypto exchanges to accumulate faster.<\/p>\n<p>Although in August, markets are exercising caution across the board and in crypto markets. Here are three bearish and two bullish signs to look out for regarding Bitcoin price in August.<\/p>\n<p>Source: www.cryptopotato.com<\/p>\n<p><!-- related-seo --><\/p>\n<div class=\"related-seo\">\n<h3>Related articles<\/h3>\n<ul>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/microstrategy-ups-its-bitcoin-centered-convertible-note-offering-to-700-million\/\">MicroStrategy Ups its Bitcoin-Centered Convertible Note Offering to $700 Million<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/microstrategy-buys-bitcoin-at-any-price\/\">MicroStrategy buys Bitcoin at any price<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/crypto-news-michael-saylor-btc-predictions-eric-trump-and-the-trump-token-investigation\/\">Crypto News: Michael Saylor, BTC Predictions, Eric Trump, and the TRUMP Token Investigation<\/a><\/li>\n<\/ul>\n<\/div>\n<p><!-- \/related-seo --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor teased a big Bitcoin purchase in his recent tweet. The crypto community is buzzing over potential moves by MicroStrategy.<\/p>\n","protected":false},"author":1,"featured_media":22062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"Big Bitcoin Buy Incoming? Michael Saylor's Playful BTC Tweet","rank_math_description":"Is Michael Saylor hinting at a major Bitcoin purchase? Read about his latest tweet and the crypto community's reaction to BTC news.","rank_math_focus_keyword":"Michael Saylor Bitcoin buy","_forpost_external_id":"","_seorun_article_id":"","footnotes":""},"categories":[369],"tags":[852,876,2648,7257,4841],"class_list":["post-22044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-bitcoin-en","tag-btc-en","tag-crypto","tag-michael-saylor","tag-purchase","resize-featured-image"],"lang":"en","translations":{"en":22044,"uk":22045,"ru":22046},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/22044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/comments?post=22044"}],"version-history":[{"count":3,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/22044\/revisions"}],"predecessor-version":[{"id":47556,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/22044\/revisions\/47556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media\/22062"}],"wp:attachment":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media?parent=22044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/categories?post=22044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/tags?post=22044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}