Michael Saylor and Strategy (formerly MicroStrategy) are preparing for another round of Bitcoin purchases. This move follows a recent post by Saylor that displayed the firm’s BTC portfolio. Investors now anticipate a potential buying announcement in the coming days.

Portfolio Tracker Signals Next Bitcoin Move

Michael Saylor posted an update of Strategy’s Bitcoin holdings on X, revealing a total of 607,770 BTC. Based on current prices, the portfolio is valued at approximately $71.8 billion. The tracker post has often preceded an official announcement of a purchase by the company.

Earlier this month, Strategy acquired 4,225 BTC. This came shortly after a similar portfolio tracker post. Historically, the company has followed a consistent pattern where tracker updates come before purchase confirmations. The caption on Saylor’s latest post read, “It all began with a quarter billion in bitcoin,” referencing Strategy’s first $250 million purchase in August 2020.

Strategy’s recent activity includes two consecutive weekly BTC purchases. These came after a brief one-week pause in its 12-week buying streak. The firm now appears positioned to extend the streak with another acquisition.

Capital Raise Supports Bitcoin Buying Plans

Strategy has recently secured large sums through stock offerings, giving it resources to continue buying. Last week, the firm announced a $500 million STRC IPO, aimed at funding more Bitcoin purchases. It involved selling 5 million shares of preferred stock.

Soon after, the IPO was increased to $2.4 billion. The company also has $4.2 billion remaining from a previous STRD offering. This gives Strategy ample liquidity to deploy in the crypto markets.

With the current price level near $110,000 acting as support, incoming institutional inflows could boost Bitcoin’s value further. Market analysts note that if these inflows continue, Bitcoin could approach $130,000.

Institutional Demand Continues to Rise

The second-largest corporate holder of Bitcoins, MARA Holdings, has also declared that it plans to raise funds of 850 million dollars. These are the funds that will be further used to buy BTC. The rise of interest shown by the big companies indicates back belief in the long-term valuation of Bitcoin.

Strategy is also a long-term strategy that has not changed because Saylor believes in Bitcoin. Since becoming a Bitcoin treasury firm in 2020, the company has experienced successive growth as it has steadily grown through structured capital raises and opportune purchases.

The market and investors are still observing what Saylor will do next in its updates. The official announcement of the Strategy purchase may come shortly, which would strengthen its position as one of the biggest Bitcoin owners in the business.