Michael Saylor Says ‘Second Century Begins,’ Hints New Bitcoin Buy
Synopsis
The firm so far has bought 101 Bitcoins at an average price of $75,985.
Michael Saylor, the Executive Chairman of Strategy (MSTR), has indicated that the company will buy more Bitcoin on Sunday.
Saylor posted on X, "The Second Century Begins," along with a chart showing how much Bitcoin the company has accumulated.
The chart showed that Strategy currently has 720,737 BTC. As of March 8, the company's Bitcoin reserve was worth about $48.54 billion.
The company has made 101 purchases, and the average price it paid for each Bitcoin was about $75,985. According to the chart, the company's Bitcoin holdings are currently down about 11.37%, or about $6.22 billion, compared to the average purchase price.
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