Michael Saylor signals Bitcoin buy after one-week hiatus

Strategy's co-founder, Michael Saylor, just dropped a hint that they're back on their BTC shopping spree after a brief one-week break. The dude literally posted their BTC purchase chart like it's a shopping list. Next stop? More Bitcoin, obviously.

Last week was all about raising a cool $4.2 billion instead of stacking sats. But before that? 12 straight weeks of buying Bitcoin like there's no tomorrow. Their latest haul? 4,980 BTC for $532 million. Total stash now? A whopping 597,325 BTC. That's over $70.9 billion in digital gold, folks.

Shares are chilling at $434, up 16% this month but still shy of their November 2024 peak at $543. Meanwhile, Bitcoin treasury companies are gobbling up BTC faster than it's mined. Supply shock incoming? Maybe. Or maybe it's just unsustainable debt-fueled madness. Time will tell.

Q2 was wild with these companies snatching 159,107 BTC. Strategy's leading the charge, holding more BTC than any other corporate whale. Total institutional BTC holdings? 3.5 million. That's public companies, private firms, crypto startups, and even some government orgs getting in on the action.

Some say Strategy's basically doing a 'synthetic halving' of Bitcoin by hoarding it so aggressively. Miners produce ~450 BTC daily, but Strategy's been averaging 2,087 BTC per day over the last six months. Talk about a power move.

Adam Livingston, author of 'The Great Harvest: AI, Labor, and the Bitcoin Lifeline,' thinks Strategy's on its way to becoming a 'financial superpower.' With their current pace, who's to argue?