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Michael Saylor Sunday Change-Up Suggests New Announcement Coming Monday
Source: CryptoNewsNet Original Title: Michael Saylor Sunday Change-Up Suggests New Announcement Coming Monday Original Link: https://cryptonews.net/news/bitcoin/32067820/ For the past twelve months, Strategy Executive Chairman Michael Saylor has maintained a consistent pattern, making a playful social media post nearly every Sunday using a chart with orange dots to suggest a Monday announcement of additional bitcoin purchases.
The pattern appeared to break at least a little bit this Sunday, though, with Saylor posting the same chart, but saying, “what if we start adding green dots.”
The subtle change has ignited speculation across the bitcoin community. Some believe green dots could signal stock buybacks or balance sheet shifts, while others wonder if it’s a hint about possible bitcoin sales.
Adding another plot twist, Strategy CEO Phong Le in a podcast appearance reiterated that the company has no short term refinancing risk, but explained that if Strategy’s multiple to net asset value (mNAV) falls below 1, the company could sell bitcoin to fund dividends on its perpetual preferred equity. Le also noted that Strategy can selectively sell higher cost basis BTC, to offset capital gains in a way that increases bitcoin per share.