Michael Saylor Orange Dots Pattern Points to Third Straight Strategy Bitcoin Buy

Bitcoin traded in a volatile but ultimately range-bound week, rallying from near $61K to almost $67K before settling around $65K. Participation and institutional demand softened, but resilient holder behaviour, stable futures positioning, and strong profitability continue to support the market.

Michael Saylor’s Strategy boosted its USD Reserve to $1.4 billion and added 520 Bitcoin, funded through $335.5 million in MSTR share sales.

Strive's aggressive Bitcoin acquisition strategy heightens its exposure to market volatility, posing significant risks to its financial stability. The post Strive acquires 759 Bitcoin for $50M, growing its treasury to 19,000 BTC appeared first on Crypto Briefing.

Strategy's aggressive Bitcoin accumulation could amplify financial risk, relying heavily on BTC's market performance to justify equity dilution. The post Strategy adds $35M in Bitcoin, $300M in cash reserves last week appeared first on Crypto Briefing.

The decline in the amount of BTC purchase comes amid growing criticism against the company's STRC.

Strategy founder Michael Saylor announced Monday that the company acquired 520 bitcoin for approximately $35 million, a noticeably smaller tranche than recent weeks, bringing the firm’s total reserve to 847,363 BTC. Smaller Buy, Same Cadence The purchase marks the third consecutive week of bitcoin accumulation for Strategy. Saylor disclosed the transaction in a Monday morning […]

With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.

This acquisition underscores the company's commitment to Bitcoin, potentially influencing market dynamics and investor sentiment. The post Strategy buys another 520 Bitcoin for $35 million appeared first on Crypto Briefing.