Michael Saylor Hints at Potential New Bitcoin Acquisition
- Michael Saylor indicated a possible new Bitcoin purchase with a message on Oct. 11.
- Strategy Inc.’s holdings stand at approximately 848,000 BTC, valued at $70.48 billion.
- The company has recorded a total of 117 Bitcoin purchase events in its history.
- A recent acquisition between Oct. 1 and Oct. 4 added another purchase of about $28.7 million for an average price of $85,839 per coin.
- Strategy’s latest acquisition was funded through MSTR stock sales and existing cash reserves.
Saylor’s messages have historically preceded formal announcements of Bitcoin purchases by Strategy Inc., suggesting the potential for another imminent acquisition following his latest hint on Oct.11.
The company’s current holdings reflect a significant investment strategy in Bitcoin, with the recent acquisition funded by both stock sales and cash reserves, reinforcing their commitment to digital assets as a store of value.(Source)
