‘Always Room for More Orange’: Saylor Teases Next Bitcoin Buy at $70 Billion Milestone

Share

Strategy Inc., led by Michael Saylor, announced holding 848,000 BTC, worth $70.48 billion, representing 4.04% of all Bitcoin in existence. On October 11, 2026, Saylor posted a treasury chart with 117 purchase dots and his signature phrase, signaling that the company is ready for the next buy. STRC preferred shares fell below their $100 par value, trading between $99.43 and $99.66, which automatically triggered the Buyback Zone mechanism and prohibited issuing new shares to purchase cryptocurrency. Despite this technical pause, the company has other credit lines totaling $12.69 billion and uses STRF shares, trading at $103.98, to fund acquisitions. The most recent purchase was 334 BTC at $85,838 per coin, with an average portfolio price of $75,436 against a current price above $83,000.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
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.

Read More

Items