Bitcoin Traders React to Saylor’s Mysterious Tweet

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The entire perception around his Sunday posts on X has shifted.

Michael Saylor rattled the community cages on X once again with a cryptic post containing a graph showcasing his company’s countless BTC purchases completed over the past six years, with the text “What’s next?”

Although many translated this message as a new hint that Strategy has made a new bitcoin purchase, the reality from the past several weeks tells a different story.

Buy or Sell Next?
The firm’s co-founder and former CEO has been publishing such posts for years. We didn’t pay much attention to them before, as they were always followed by a major purchase announcement on the next business day. However, this all changed a few weeks ago when, instead of bragging about the latest bitcoin acquisition, Strategy announced its biggest BTC sale to date by disposing of over 3,500 units.

The perception changed immediately. It came just a week after the firm had launched the Digital Credit Capital Framework to enhance liquidity and long-term BTC exposure. The idea was simple – the firm had a USD reserve of $2.55 billion, which was enough to cover 17.4 months of dividend payments. However, it wanted to raise that, and included potential BTC sales of up to $1.25 billion to expand the dividend payment period to over 25 months.

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