Michael Saylor Hints at Bitcoin Buy as BTC Struggles Near $78,000
Photo: ETHNews
Michael Saylor’s latest post suggests another Bitcoin acquisition, although Strategy has not confirmed a purchase. Strategy’s preferred-stock financing and equity valuation influence how much additional BTC it can acquire. Bitcoin remains under pressure near $78,000, while U.S. spot ETFs ended October with net weekly withdrawals. Michael Saylor has hinted that Strategy could be preparing another Bitcoin acquisition, as the cryptocurrency struggles to recover from its latest selloff and institutional investment flows show signs of weakening. We found room for even more orange.
Source: ETHNews
