Michael Saylor hints at more Bitcoin buys as Strategy holds 848,250 BTC

Michael Saylor has hinted at another Bitcoin purchase for Strategy after the company reported holdings of 848,250 BTC, acquired for approximately $64 billion, in its latest weekly disclosure. Michael Saylor hinted at further Bitcoin accumulation, although Strategy has not confirmed another purchase this weekend. Strategy's latest filing shows holdings of 848,250 BTC, acquired for approximately $64 billion including transaction costs. The company bought 250 Bitcoin for $21.5 million during the week ending October 11, its latest disclosure. Strategy spent $192.4 million buying back STRC shares, nearly nine times its weekly Bitcoin purchase expenditure.

Source: crypto.news