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Co-founder approach Micheal Saylor has indicated another Bitcoin purchase for the firm as demand from US spot BTC ETFS (exchange-traded funds) dwarfed Bitcoin Miner output last week.
That is as Bitcoin price drops more than 1% in the last 24 hours to trade at $ 94,646.88 to 1:10 am EST, CoinMarketCap Data Shut up. Despite the retirement, the leading crypto has been up to 13% over the past 30 days.
Saylor Hints on upcoming approach Bitcoin Buy after firm's Q1's revenue call
Saylor again posted a snapshot of the Saylortracker chart on X yesterday. By caption, “Too blue, not orange enough,” this is the fourth consecutive week that the co-founder of the approach has posted the chart on its profile. Past posts were followed by all the announcements of large Bitcoin purchases.
Too much blue, not enough orange. pic.twitter.com/s1l6twfc14
– Michael Saylor (@saylor) May 4, 2025
Saylor's recent post arrived after a Q1 2025's Q1 2025 revenue call. During the call, the company reported that it obtained 61,497 BTC this year to date. Strategy It is also announced that its capital plan has doubled to supply more Bitcoin purchases.
6x bought Bitcoin ETF than the number of BTC miners made last week
Saylor and approach do not unite their aggressive accumulation of bitcoin. The US spot BTC ETF has bought almost 6 times a lot of bitcoins made by miners last week.
Together, the ETFs bought 18,644 BTCs last week, while miners made only 3,150 BTCs at the same time, according to Hodl15Capital.
US 🇺🇸 Bitcoin ETFS bought 18,644 Bitcoin last week compared to 3,150 mined 👇 pic.twitter.com/htcuwecgr6
– Hodl15Capital 🇺🇸 (@Hodl15Capital) May 4, 2025
Data from Farside Investors Shut up The US -based area BTC ETF recorded around $ 1.8 billion in net inflows last week. The new capital entered the funds every day except April 30, when the funds posted a $ 56.3 million net day -day -to -day flow. Blackrock's Ibit recorded part of the lion's leon last week.
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