Michael Saylor hints at another Strategy Bitcoin buy as BTC trades near $76K

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Strategy executive chairman Michael Saylor has hinted at another potential Bitcoin purchase after sharing his familiar accumulation chart on Sunday, November 8, as BTC struggles to recover above $76,000. Summary Michael Saylor shared his familiar Bitcoin accumulation chart, raising expectations of another Strategy acquisition announcement. Strategy last acquired 811 BTC for $65.5 million, bringing total reported holdings to 849,327 Bitcoin. The November 2 purchase used MSTR stock sale proceeds, while cash financed separate STRC repurchases. STRC closed Friday at $99.84 as Saylor outlined the financial history behind Strategy’s digital credit. Bitcoin traded near $75,900, slightly above Strategy’s overall average purchase cost of $75,451 per coin. In an X post, Saylor wrote, “Connecting the dots,” alongside a link to his Bitcoin tracking chart. He has frequently shared similar updates ahead of Strategy’s Monday acquisition disclosures, although the latest message did not specify whether the company had purchased more Bitcoin or how much it might have spent. Source: X The post followed Strategy’s November 2 announcement of an 811 BTC purchase and a separate $208.2 million repurchase ...

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