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Strategy (MSTR) Stock: Saylor Hints at More Bitcoin Buying After 334 BTC Purchase

Strategy (MSTR) Stock: Saylor Hints at More Bitcoin Buying After 334 BTC Purchase

Photo: CoinCentral

TLDR Michael Saylor posted “There’s always room for more orange” on X on Oct. 11, a hint at another Bitcoin purchase. Strategy bought 334 BTC for $28.7 million between Sept. 28 and Oct. 4, lifting holdings to 848,000 BTC. The company also repurchased about 1.77 million STRC preferred shares for $176.3 million. Strategy raised $5.41 billion from new common stock in Q3, but only 9.5% was allocated to Bitcoin purchases. No SEC filing is likely before Tuesday because of the Columbus Day holiday.

Source: CoinCentral

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