Michael Saylor Hints at Bitcoin Purchase, MicroStrategy Doubles Down

MicroStrategy co-founder Michael Saylor, whose company holds 444,262 BTC worth $41.4B, hinted at another purchase with a Dec. 29 Bitcoin chart post on X. Saylor’s posts often precede Monday acquisitions, with the last buy on Dec. 22 adding 5,200 BTC at $106,000 per coin.

MicroStrategy’s 21/21 plan aims to raise $42B via equity and corporate securities to fund more BTC purchases over three years. Saylor also proposed a framework positioning Bitcoin as a US strategic reserve to offset national debt and bolster the dollar’s global dominance.

Source: Cointelegraph

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img

You might also like...