Strategy Resumes Bitcoin Buys as Saylor Shifts Focus to 'Never Be a Net Seller'
The treasury firm resumed Bitcoin buys after last week's pause, with Michael Saylor saying that Strategy would buy 30 BTC for every one sold.
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Crypto pundit X Finance Bull has highlighted the XDC altcoin, noting that it recently surpassed Bitcoin on CoinMarketCap as the most-visited coin. The pundit explained why the altcoin is getting much attention and why it could see significant growth in the near future. Pundit Explains What Is Happening With XDC After Surpassing Bitcoin In an […]
Read full articleThe treasury firm resumed Bitcoin buys after last week's pause, with Michael Saylor saying that Strategy would buy 30 BTC for every one sold.
With the price of Bitcoin back above the pivotal $80,000 mark following a slight rebound on Sunday, several indicators are beginning to demonstrate strength once again. One of the most recent indicator that has turned bullish as market conditions slowly improves is the Bitcoin Realized Cap. A Change In Bitcoin Market Dynamics Bitcoin’s renewed bullish […]
Crypto analyst Tom has declared that a projected XRP rally to $21.5 isn’t a gamble and will definitely happen. This came as he revealed that a measured move is coming for the altcoin, which will send its price to this $21 target. XRP Eyes Measured Move To New ATH Of $21.5 In an X post, Tom said that XRP is set to see a measured move to a new all-time high (ATH) of $21.50, with this price target also his second take-profit zone. The analyst revealed that he had held XRP when the token was trading at $0.30 and and held until it reached its current ATH of $3.84. Related Reading: XRP Analyst Reveals The Question No One Asks And Why It’s Important Now, the analyst is again holding the token, targeting higher prices for XRP. He highlighted some positives as the token eyes the $21.50 target, noting that the 3-week golden cross has fired. Furthermore, Tom noted that the current base is a 1:1 fractal of the 2014 to 2017 cycle and that the volume is lower than the last cycle’s bottom, with su
In a notable shift from its long-standing “never sell” narrative, executives at Strategy signaled that the company may sell Bitcoin under a narrowly defined condition – funding shareholder dividends. Earlier in February, Executive Chairman Michael Saylor reiterated his widely circulated stance on X: “Never sell your Bitcoin.” However, he also introduced a practical exception, stating […] The post Strategy (MSTR) Says Firm Will Unload Bitcoin (BTC) Under One Specific Condition appeared first on The Daily Hodl.
Strategy bought 535 BTC for $43M, lifting holdings to 818,869 BTC days after Saylor said limited Bitcoin sales may fund dividends.
Strategy, the Virginia-based business intelligence firm led by Michael Saylor, acquired 535 bitcoin for approximately $43 million, paying roughly $80,340 per coin and bringing its total treasury to 818,869 BTC. Michael Saylor’s Strategy Adds 535 Bitcoin After ‘Back to Work’ Post on X Saylor posted “Back to work” on X on May 10, signaling another […]
Strategy Inc's aggressive Bitcoin accumulation via equity offerings may influence market dynamics and investor sentiment towards cryptocurrency. The post Strategy adds 535 Bitcoin for $43 million as total holdings near 819,000 BTC appeared first on Crypto Briefing.