Strategy Buys $65.5 Million In Bitcoin As Michael Saylor Predicts Return To Six Figures

Strategy has returned to Bitcoin accumulation, purchasing 811 BTC for $65.5 million despite continued market weakness. Bitcoin traded near $77,765.90 on November 2, while Michael Saylor maintained expectations of a recovery above $100,000. The latest acquisition increased the company’s holdings to 849,327 BTC , reinforcing its position as a major corporate Bitcoin holder. Strategy purchased 811 Bitcoin between October 26 and November 1, according to its latest regulatory disclosure. The company paid an average of $80,846 per coin, bringing the transaction’s total value to approximately $65.5 million.

Source: Crypto Breaking News