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ASX:CPU 23 February 2026

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  • MSTR's Michael Saylor Signals Potential New Bitcoin Buy Amid Rising STRC Demand
    March 16, 2026, 11:13 AM EDT. Michael Saylor, executive chairman of Strategy (MSTR), hinted at a possible new Bitcoin purchase by sharing a chart of the company's buying history, marked by 'orange dots.' Strategy holds 738,731 BTC, averaging $75,863 per coin, worth $53 billion at current prices. Hedge fund Elequin Capital LP increased its stake in Strategy by 134.9% in Q3, reflecting growing institutional interest. Demand for Strategy's Perpetual Stretch (STRC) instrument, a corporate financing tool for Bitcoin buying, is rising globally, according to Roxom platform data. Analysts note Bitcoin trading near $71,729 is gaining interest as a catch-up asset alongside gold and global liquidity, suggesting potential upside based on historical trends.
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