Michael Saylor, the eccentric co-founder of Stratech, strongly hinted at another Bitcoin purchase. $BTC
As reported by U.Tod_ay, Stratech announced an additional Bitcoin purchase worth $427.1 million last week.
It remains unclear whether the purchase will be able to move the market.
Typically, Bitcoin purchases made by Stratech lead to very little volatility.
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Recently, Saylor attracted fresh criticism after rejecting the idea of publishing proof of reserves on-chain, citing security concerns.
Earlier this week, the billionaire also expressed his view that it will become "exponentially harder" to actually buy Bitcoin.
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