Michael Saylor has signaled another potential #Bitcoin purchase as Strategy (formerly MicroStrategy) continues its aggressive accumulation. The company now holds 582,000 $BTC worth $61 billion and has been buying consistently using a dollar-cost averaging (DCA) approach. Last week alone, it bought 1,045 BTC for $110 million and may soon break its record of 12 consecutive weekly buys.
While Strategy has raised over $3 billion through stock offerings like STRD, STRF, and STRK to fund its purchases, concerns are growing among MSTR shareholders over possible stock dilution and Bitcoin volatility. Insider sales and warnings from figures like Peter Schiff have fueled doubts. However, MSTR’s stock has outperformed major tech companies over the past year, reflecting strong market confidence, for now.