Michael Saylor unfazed as Bitcoin’s rally faces fresh trouble – ‘We’re back!’

Share

Michael Saylor posted on X the message « We are ₿ack », hinting that Strategy is about to make a new Bitcoin purchase after selling 6,916 BTC in 2026. Strategy currently holds 840,447 BTC valued at approximately $65.72 billion, with an average purchase cost of $75,653 per BTC, representing $2.13 billion in unrealized gains. The company also raised $2.0065 billion by selling 18.26 million MSTR shares between August 17 and 23. Bitcoin was trading at $78,128.46 at press time, up more than 23% over the past month, but this rally lacks strong buying support in the spot market, making it potentially fragile. Wintermute transferred approximately 5,100 BTC, worth $399 million, to Binance over the past two days, fueling concerns of increased sell-side supply.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles