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Michael Saylor hints at additional Bitcoin purchase... Bitcoin surges to the $91,000 range
Source: BlockMedia Original Title: Michael Saylor Hints at Additional Bitcoin Purchase… Bitcoin Surges to $91,000 Range Original Link: https://www.blockmedia.co.kr/archives/1016256 Michael Saylor(Michael Saylor) has hinted at an additional Bitcoin purchase. He revealed the StrategyTracker(StrategyTracker) chart, which marks Strategy’s Bitcoin purchases with orange dots, suggesting another acquisition is imminent.
Strategy Preparing for Additional Bitcoin Purchase?
Through X(formerly Twitter), Michael Saylor shared the StrategyTracker chart with the comment, “Back to the orange dot?” This chart records Bitcoin purchases made during various market cycles. Each orange dot on the chart represents a confirmed purchase event, and Saylor typically posts this chart before announcing new acquisitions.
Currently, Strategy holds a total of 650,000 BTC, valued at approximately $57.8 billion. The average purchase price is calculated at $74,436. The chart shows Strategy’s consistent purchase pattern over 88 instances, indicating the most recent purchase of 130 BTC occurred amid heightened market fear.
After Michael Saylor posted the chart with an orange dot, the price of Bitcoin surged from the $88,000 range to the $91,000 range in just four hours.