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Crypto

Michael Saylor's Strategy Resumes Buying Spree After 10-Week Pause

Guavy AI Editorial Team
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BTC XRP
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Michael Saylor's Strategy has resumed its Bitcoin buying spree after a nearly 10-week pause. The firm accumulated $370 million in BTC on Sunday, August 30.

The return to buying came after the broader digital-asset market saw growing confidence following President Donald Trump's announcement that the US is considering purchasing a 'sizeable' amount of BTC.

After the announcement, Bitcoin prices surged from $62,000 to $78,000 in just two days. The rebound also pulled other cryptocurrencies up, including XRP, which rose from $1.10 to $1.57.

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