Michael Saylor posted a historical chart of Strategy’s Bitcoin acquisitions on September 20th with the caption ‘A little more orange,’ hinting at upcoming purchases. Strategy recently acquired 4,603 BTC for approximately $369.7 million at an average price of $80,318 per Bitcoin, bringing its total holdings to 845,050 BTC, representing 4.02% of Bitcoin’s maximum supply of 21 million coins. Strategy’s MSTR stock surged 16.39% in a single session to $153.92, gaining 47.65% over one month. Other Bitcoin ETFs also saw significant inflows, with BlackRock’s iShares Bitcoin Trust recording $426.4 million in net entries. These developments come during September, a month traditionally considered bearish for the crypto market.
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