Strategy's Michael Saylor again hints at impending BTC purchase
The biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000.
Michael Saylor, the co-founder of Strategy, the largest Bitcoin treasury company, as measured by total BTC holdings, signaled that the company will be boosting those holdings in the coming days.
Saylor shared a chart of the company’s Bitcoin purchase history, showing 107 BTC transactions since 2020, which has previously signaled an impending purchase.
Less than a week ago, Strategy completed its most recent BTC buy, purchasing 34,164 coins for more than $2.5 billion, bringing its total holdings to 815,061 BTC, valued at about $63.6 billion using spot market prices at the time of publication, according to the company.
Read more
