Saylor Signals Third Straight BTC Buy Amid Strategy Stock Slump
Saylor Signals Third Straight BTC Buy Amid Strategy Stock Slump
Despite a sustained decline in share price from its November 2024 peak, Strategy—formerly known as MicroStrategy—continues expanding its corporate Bitcoin reserves. Co-founder Michael Saylor has indicated another potential BTC acquisition, which would mark the company’s third purchase in August.
The most recent buy occurred on August 18, when Strategy acquired 430 BTC for approximately $51.4 million, bringing its total holdings to 629,376 BTC...
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