Michael Saylor’s Strategy Bets $835M on the Bitcoin Dip as Crypto Market Slides Below $95K
Strategy Inc. bought 8,178 Bitcoin for $835.6 million last week, its largest purchase since July, SEC filings show. The company now holds 649,870 BTC, worth about $62 billion at current prices. Purchases were funded mainly through euro and U.S. preferred share offerings after a sharp drop in Strategy’s common stock. Bitcoin is down roughly 25% from its October high.