Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Michael Saylor hints at another Strategy Bitcoin buy as BTC trades near $76K

Picture: crypto.news

Strategy executive chairman Michael Saylor has hinted at another potential Bitcoin purchase after sharing his familiar accumulation chart on Sunday, November 8, as BTC struggles to recover above $76,000. Michael Saylor shared his familiar Bitcoin accumulation chart, raising expectations of another Strategy acquisition announcement. Strategy last acquired 811 BTC for $65.5 million, bringing total reported holdings to 849,327 Bitcoin. The November 2 purchase used MSTR stock sale proceeds, while cash financed separate STRC repurchases. STRC closed Friday at $99.84 as Saylor outlined the financial history behind Strategy's digital credit.

You are reading an excerpt. crypto.news wrote and owns the full article.

Continue reading at crypto.news

Also reported by

  • The Coin Republic
  • CoinGape