Saylor Signals Fresh Bitcoin Purchases as Strategy's Crypto Holdings Top $70 Billion
Strategy Executive Chairman Michael Saylor has signaled further Bitcoin purchases, with the company currently holding 848,000 BTC valued at roughly $70.48 billion, representing 4.04% of circulating supply. The tease follows an acquisition of 334 Bitcoin between late September and early October for $28.7 million, averaging $85,839 per coin. That purchase was funded by $15.7 million in MSTR stock sales and $13 million in cash. Over the same period, Strategy repurchased $176.3 million of its STRC preferred shares, which fell below their $100 par value, while maintaining $5.7 billion in dollar assets.