Michael Saylor hints at a fresh Bitcoin purchase despite NAV collapse
Michael Saylor has hinted that Strategy may buy more Bitcoin after sharing a chart showing $69 billion in BTC holdings.
Michael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset values (NAV).
In a Sunday post on X, Saylor shared a chart from the Saylor Bitcoin Tracker, showing Strategy’s cumulative Bitcoin (BTC) purchases. “The most important orange dot is always the next,” he also wrote.
The chart, tracking 82 separate purchase events, lists Strategy’s holdings at 640,250 BTC, worth around $69 billion at current prices, up 45.6% from its aggregate cost basis of $74,000 per coin.
Read more
