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Strategy Buys $65.5 Million in Bitcoin as Michael Saylor Predicts Return to Six Figures

Picture: CoinGape

HIGHLIGHTS Strategy purchased 811 BTC for $65.5 million, increasing its total Bitcoin holdings to 849,327 BTC. Strategy repurchased $208.2 million in STRC preferred shares after reporting $19.5 billion in Q3 net income. Michael Saylor expects Bitcoin to reclaim $100,000 despite recent market weakness and declining MSTR shares. Strategy has resumed Bitcoin purchases, adding 811 BTC for $65.5 million as Michael Saylor maintains his forecast of six-figure prices. The company disclosed the purchase on Monday, November 2, after taking a break from buying the previous week.

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