🔥 Strategy “lightly scoops up” another 1,036 BTC (~$78 million) amid a market bloodbath
Michael Saylor’s Strategy just bought another 1,036 $BTC worth approximately $78 million — at an average price of about $75,300 per Bitcoin. This is the second consecutive week the company has added Bitcoin to its reserves, bringing its total holdings to 850,364 $BTC .
The timing of the latest purchase is noteworthy: it came during the market’s weakest stretch in weeks — $BTC had just seen over $1 billion in liquidations, at one point plunging to 73,510 USDT overnight, while spot ETFs recorded their largest outflows since June. As ETF funds flowed out, the market’s biggest “corporate whale” kept buying steadily, sticking to Saylor’s unchanged long-term accumulation strategy.
$BTC is currently around 74,935 USDT, down 1.40% over 24 hours. Strategy’s 850,364 $BTC holdings equal about 4% of the maximum supply of 21 million — an unusually high concentration for a publicly traded company.
Do you think Strategy’s steady purchases are enough to offset ETF outflows during this period?
(Not investment advice)
Michael Saylor’s Strategy just bought another 1,036 $BTC worth approximately $78 million — at an average price of about $75,300 per Bitcoin. This is the second consecutive week the company has added Bitcoin to its reserves, bringing its total holdings to 850,364 $BTC .
The timing of the latest purchase is noteworthy: it came during the market’s weakest stretch in weeks — $BTC had just seen over $1 billion in liquidations, at one point plunging to 73,510 USDT overnight, while spot ETFs recorded their largest outflows since June. As ETF funds flowed out, the market’s biggest “corporate whale” kept buying steadily, sticking to Saylor’s unchanged long-term accumulation strategy.
$BTC is currently around 74,935 USDT, down 1.40% over 24 hours. Strategy’s 850,364 $BTC holdings equal about 4% of the maximum supply of 21 million — an unusually high concentration for a publicly traded company.
Do you think Strategy’s steady purchases are enough to offset ETF outflows during this period?
(Not investment advice)
