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Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall
Key takeaways
- That chart displays orange bubbles for MSTR's buys overlaid on bitcoin price history, highlighting aggressive accumulation especially in 2024-2025 with the average purchase price line trending upward.
- "We’re gonna need more charts" signals Saylor's intent for continued bitcoin purchases, generating more data points as Strategy maintains its position as a leading corporate BTC holder.
- Strategy's (MSTR) stock fell 8% lower Thursday to $86, amid concerns about its ability to meet dividend obligations.
That chart displays orange bubbles for MSTR's buys overlaid on bitcoin price history, highlighting aggressive accumulation especially in 2024-2025 with the average purchase price line trending upward.
"We’re gonna need more charts" signals Saylor's intent for continued bitcoin purchases, generating more data points as Strategy maintains its position as a leading corporate BTC holder.
Last week, Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Saylor's approach to funding bitcoin purchases has damaged the wider cryptocurrency market, as the preferred stock at the center of Strategy's model fell to a record low.
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