Strategy’s Michael Saylor Signals Impending BTC Buy For Treasury


The strategy co-founder Michael Sayler indicated the purchase of a adjacent bitcoin (BTC), and, if completed, the transaction would mark the company’s third BTC acquisition in August.

The company’s most recent bitcoin purchase took place on August 18, when the strategy bought 430 BTCs for $ 51.4 million, causing its total holdings 629,376 BTC at the time of this writing, which cost more than $ 72 billion.

data The strategy on its BTC investment from the Saylortracker show is more than 56%, which represents more than $ 25.8 billion in untrue gains on current prices.

Bitcoin price, microstrate, bitcoin adoption, Michael Sayler, Companies
History of strategy of bitcoin purchase. Source: Saylortracker

The company’s BTC acquisition has been relatively diluted in August. The strategy usually acquires thousands or tens of thousand BTCs in every purchase, yet in this month only 585 BTCs have been acquired in two separate transactions.

The strategy leads charge in corporate BTC acquisition and is a BTC Treasury company by a widespread margin. Saylor Orange-Pills continues to advocate bitcoin by individual investors and financial institutions, leading to a movement in corporate finance.

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Strategy is not directly affecting bitcoin market prices with its acquisition scheme

Recently the company’s corporate treasurer Shirish Jajodia told Podcaster Natalie Brunell said that the strategy does not transfer BTC market with its shopping.

The company acquires BTC through over-the-counter transactions, personal agreements and other methods between parties outside the spot exchanges that do not affect the market price.