coindesk.com
As bitcoin BTC$89,139.17 consolidates below the $90,000 level following its plunge this week, Strategy (MSTR) Executive Chairman Michael Saylor indicated there’s going to be no let-up in the company’s acquisition of the world's leading crypto.
“Thinking about buying more bitcoin," wrote Saylor in an X post Thursday morning.
It’s not really news that Strategy will continue to add to its BTC stack, as it has done nearly every week for many months. Indeed, the company, just in the past two weeks, has purchased roughly $3.4 billion of bitcoin, raising funds from a combination of common and preferred stock sales. The company's stack as of Monday stood at 709,715 coins worth more than $60 billion.
Coming mid-week, though, the timing of the post is interesting. For months, Saylor has typically previewed his company’s purchases with a weekend tweet referencing orange dots, signaling a Monday announcement of a fresh BTC acquisition.
MSTR shares are lower by 1.4% on Thursday as bitcoin holds on just above the $89,000 level.