Strategy, Suggests additional purchase of Bitcoin up to 2 billion dollars

Michael Saylor who continuously purchases Bitcoin (Source: Reuters)

Strategy founder Michael Saylor, who has shown strong trust in Bitcoin, has once again announced a large-scale purchase, attracting market attention. It is expected that additional purchases worth hundreds of millions of dollars will be made this time, reigniting the enthusiasm for corporate investment in Bitcoin.

The cryptographic media The Defiant reported on April 20 (local time) that Strategy is likely to make a large purchase of Bitcoin on the 21st. The purchase scale is estimated to reach up to 2 billion dollars, and some officials forecast it to be around 500 million dollars. Although the exact amount has not been disclosed, the market expects a substantial amount of funds to be invested.

Saylor recently shared the ‘Saylor Tracker’ chart through his SNS, emphasizing that approximately 55 million investors are indirectly exposed to Bitcoin through Strategy's stock. He highlighted that Strategy is a company listed on Nasdaq, emphasizing the link between the traditional investment market and the cryptocurrency market once again.

In addition to Strategy, another listed company, Semler Scientific, is also known to have planned a large-scale investment in Bitcoin. According to reports, Semler Scientific is also preparing to purchase Bitcoin worth up to 500 million dollars.

This move is interpreted as the investment actions of companies trying to ‘buy the dip’ in the recent price correction period for Bitcoin. Particularly, with the regulatory environment in the United States gradually getting organized and President Donald Trump maintaining a pro-cryptocurrency policy stance, such purchases are evaluated as a strategic move aimed at long-term profit.

The market's attention is now focused on the actual purchase scale of Strategy and future announcements, and it is noted whether Saylor's choice can once again send a strong signal to the market.