Michael Saylor reignites speculation regarding bitcoin purchases as scrutiny of Strategy intensifies. The executive chairman shared a well-known chart depicting the company’s previous BTC acquisitions, captioning it with «a good time to add more dots.» What to note:

— On Sunday, executive chairman Michael Saylor shared Strategy’s characteristic bitcoin acquisition chart, a gesture often seen by traders as a hint at an impending purchase.

— The firm has attracted attention as concerns mount regarding its financial health and dividend commitments.

— The company executed its first BTC sale in late May since 2022. Michael Saylor may have hinted at Strategy’s (MSTR) upcoming actions following last week’s unexpected bitcoin developments.

On Sunday, the company’s executive chairman posted the traditional chart used for tracking Strategy’s bitcoin acquisitions on X, stating: «A good time to add more dots.» Market analysts have interpreted such posts as a signal for a forthcoming acquisition, although the company has not officially confirmed any new transactions and is likely to announce any updates on Monday.

Strategy’s CEO Phong Le seemed to echo this sentiment in response to Saylor’s post, saying, «Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors.» These comments surfaced after Strategy faced renewed scrutiny last week. The firm revealed on Monday that it had sold 32 bitcoin, valued at approximately $2.5 million, marking its first sale since 2022. While this amount is minor compared to its extensive treasury of over 843,000 BTC, the sale ignited discussions, as investors have historically viewed Strategy as a key contributor to bitcoin demand.

Some market players interpreted the BTC sale as a potential indication that Strategy might divest more of its bitcoin assets to fund dividend payouts or enhance liquidity amid worsening market conditions. Concerns have intensified as bitcoin fell below $60,000 on Friday, its lowest point since October 2024. Adding to the scrutiny, SEC filings on Friday revealed that two senior executives planned to sell a total of $15 million in MSTR shares. CEO Phong Le announced intentions to sell around $11.1 million in stock, while CFO Andrew Kang filed to sell roughly $3.9 million. These transactions were associated with recently vested stock awards.