On June 8th, Michael Saylor - CEO of Strategy (the new name of MicroStrategy) - continued to attract attention on the crypto social media. He posted information about Bitcoin Tracker, with the annotation: "Send more orange dots." This phrase implies a call to update more data related to Bit, following the organization's strong accumulation trend.
In previous instances, Saylor has always had the habit of announcing Strategy's Bitcoin holding growth data immediately after sharing information from Bitcoin Tracker. This is a strategic move aimed at consolidating market confidence in the organization's positive stance towards Bit, as well as driving the FOMO effect in the community.
The phenomenon of Strategy's increased buying not only creates supply pressure in the market but also positions the organization as a whale in the digital asset space. Saylor demonstrates consistency in his Bit accumulation strategy, making his organization one of the largest Bit holders globally.
Continuous updates about the amount of Bit held are also a driving force helping Strategy's asset value increase strongly, following the bullish trend in the crypto market. This simultaneously demonstrates transparency, builds trust, and develops the ecosystem at an organizational scale.
In summary, the "send more orange dots" move is an affirmation of Michael Saylor and Strategy's long-term commitment to Bit in the context of an increasingly competitive and volatile crypto market.
