Crypto
Saylor Signals Strategy May Resume Buying Bitcoin
Michael Saylor has hinted that Strategy may resume buying Bitcoin after weeks without purchasing any. The company, formerly known as MicroStrategy, hasn't bought BTC since June and recently sold some of its holdings.
Saylor posted on X (formerly Twitter) to his 5 million followers, which in the past have often been followed by a large Bitcoin purchase announcement on Monday.
Strategy raised $2.01 billion through MSTR share sales but kept the funds in reserves and cash, rather than using them to buy more Bitcoin. The company's holdings remain at 840,447 BTC.