Strategy CEO Phong Le said last week that Bitcoin’s daily trading volume — averaging more than $60 billion — is large enough to absorb the company’s $1.5 billion in annual dividend payments without moving the market. Related Reading: Nearly 80% Of Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip That comment preceded co-founder Michael Saylor’s latest post “Back to work, BTC” on X Sunday, a phrase he has used before to signal an imminent purchase. A Pattern That Repeats Strategy typically buys Bitcoin the day after Saylor posts that message. The company last bought on April 27, picking up 3,273 coins for around $255 million. That brought its total stash to 818,334 BTC, worth roughly $61.8 billion at the time of publication, according to data from Strategy’s own website. Its average purchase price per coin sits at about $75,537 — meaning the position is up around 7.6%. Back to work. $BTC pic.twitter.com/HLbBv5Sbbx — Michael Saylor (@saylor) May 10, 2026 The buying announcem
Saylor's stance reassures investors but highlights the precarious balance between Bitcoin's market volatility and Strategy's financial stability.
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Seven pools covering 75% of Bitcoin hashrate have joined Stratum V2, shifting block control to individual miners. Seven of the world’s largest Bitcoin mining pools have joined the Stratum V2 working group, giving the open protocol a combined hashrate share…
After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of Monday morning. […]
A Bitcoin whale dormant since 2013 moved $40 million in BTC on May 10, with analysts ruling out an exchange dump. A long-dormant Bitcoin whale wallet moved about $40 million in BTC on Sunday after more than 12 years of…
Bitcoin briefly reclaimed $82,000 on Gate with a 0.81% daily gain, keeping price pinned near the top of its recent range as prediction markets and derivatives data still point to muted volatility. According to Gate market data, the BTC/USDT pair has broken…
Bitcoin's surge may boost institutional interest and market optimism, influencing long-term price predictions and geopolitical market dynamics.
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