Michael Saylor hints at further BTC buys

MicroStrategy (MSTR) founder Michael Saylor has hinted at another potential Bitcoin purchase with a social media post reading, "Big Dot Energy," according to BeInCrypto. The market anticipates confirmation of a large-scale BTC acquisition in an 8-K filing scheduled for release on May 19. This follows an estimate from on-chain tracking platform Strc.live that MicroStrategy accumulated an additional 15,466 BTC over four trading days last week. Speculation about the funding for this purchase has grown, as trading volume for MSTR's preferred stock reached an all-time high of 15.1 million shares during the same period. Currently, MicroStrategy holds a total of 818,869 BTC at an average purchase price of around $75,543.