![\"Strategy's](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/michael-saylors-big-bet-institutional-investments-role-in-bitcoins-price.png\")
<\/p>\n<\/p>\n
Standard Chartered sees communication challenges facing the biggest digital asset treasury company as “muddying the waters” for Bitcoin in the near term.<\/p>\n
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor\u2019s messaging as needing more clarity to help Bitcoin regain its momentum.<\/p>\n
\u201cOrange dots tell only part of the story,\u201d was Saylor\u2019s message on Sunday in a post<\/a> that accompanied a chart from Saylortracker.com<\/a>, similar to previous social media messages that have preceded news of Strategy’s Bitcoin (BTC) purchases, typically announced the day after his posts.<\/p>\n In recent weeks, the largest digital asset treasury company and a major BTC holder, has moved away from its long-time \u201cnever sell Bitcoin\u201d approach to a willingness to sell the biggest crypto as needed to fund dividends for holders of its STRC preferred stock and to replenish its cash reserves. Earlier this month, Strategy sold $216 million worth of Bitcoin, reducing its total holdings to 843,775 tokens, according to a July 6 filing<\/a> with the US Securities and Exchange Commission.<\/p>\n