The biggest institutional bull MicroStrategy (Strategy) is trying to make regular Bitcoin purchases every week. The company, which announces BTC purchases every Monday of the week, shares a buy signal on Sundays. At this point, MicroStretegy founder Michael Saylor renewed his Bitcoin purchase speculations this week. Michael Saylor, in his post from the X account, said that the company currently has 582,000 BTC. Alongside this, Saylor shared a chart highlighting the scale of the company’s Bitcoin investment, adding, “Bigger Dots are ₿ etter.” In these posts, which he posts almost every Sunday, Saylor highlights orange dots marking each purchase on a chart showing his company Strategy’s Bitcoin purchases. Following Saylor’s past announcements, the company has been buying more Bitcoin, which means Strategy will likely be buying BTC today. Strategy, which made its last purchase last week, currently has 582,000 BTC purchased for $40.79 billion. The average price for purchasing Bitcoin is $70,086. *This is not investment advice.
Bitcoin clears $106K – Will the Fed or Iran-Israel tensions spark the next move?
1 hour ago
Bitcoin delivers 90% risk-adjusted return to 60/40 portfolios with 10% allocation, 2x gold’s risk efficiency
2 hour ago
Top Reasons Why Pump.fun X Account Was Suspended
2 hour ago
Why Bears Still Control Hedera (HBAR) Price Direction Despite Recovery
2 hour ago
Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why
2 hour ago
Fairmint calls for blockchain framework for private markets in SEC proposal
2 hour ago