Strategy’s Saylor to Continue BTC Purchases
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Michael Saylor, former CEO of the business intelligence firm Strategy, has hinted at another Bitcoin purchase announcement set for Monday. On the social media platform X, Saylor cryptically noted “no tariffs on orange dots.”
Strategy made a significant $2 billion Bitcoin purchase on March 31, increasing its total holdings to nearly 530,000 coins.
However, the company did not acquire any additional coins between March 31 and April 6. It’s important to note that Strategy’s Bitcoin purchases typically have minimal impact on the cryptocurrency’s price, as they are largely anticipated by the market. Currently, Bitcoin is trading at $84,762 on the Bitcoin exchange.
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