Home Strategy Buys Another $2B Worth Of Bitcoin As Michael Saylor Doubles Down

Strategy Buys Another $2B Worth Of Bitcoin As Michael Saylor Doubles Down

Share
Strategy Buys Another $2B Worth Of Bitcoin As Michael Saylor Doubles Down
News
Share

Michael Saylor’s company Strategy has expanded its large Bitcoin holdings with a new purchase of over $2 billion. This move shows the company’s strong long-term commitment to Bitcoin, despite ongoing market ups and downs.

Saylor shared on X that Strategy bought 24,869 BTC for about $2.01 billion, paying an average of nearly $80,985 per Bitcoin. This brings the company’s total Bitcoin holdings to 843,738 BTC.

The company said its total Bitcoin reserve cost about $63.87 billion, with an average purchase price of $75,700 per BTC. Even though Bitcoin was trading at around $77,200 at press time, the company’s holdings are still well above their average buying cost.

This purchase is much larger than the company’s previous buy just a week ago, when it spent about $43 million on BTC. The nearly 47-fold increase shows Strategy’s growing confidence in Bitcoin’s future.

The recent buying was mostly funded by capital from Strategy’s STRC preferred stock offering. Reports say the company raised over $2 billion in just four trading sessions, giving it the resources to keep growing its Bitcoin treasury.

Michael Saylor also hinted at another purchase with his familiar “Orange Dots” chart post on social media, a signal that many Bitcoin traders now link to upcoming Strategy acquisitions.

The company reported a 12.6% Bitcoin yield so far in 2026, showing strong results from its treasury strategy. Strategy is still the largest publicly traded corporate holder of Bitcoin and continues to shape institutional views on the asset.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Morpho Targets $5B In Vault Liquidity With New Midnight Adapter In Q4 2026
News

Morpho Targets $5B In Vault Liquidity With New Midnight Adapter In Q4 2026

Morpho plans to launch its Midnight Adapter in Q4 2026, expanding access to fixed-rate lending across more than $5 billion in Vault...

Binance Seeks Brazil Crypto License As 22 Tokens Face Delisting & 8 Services Halt
News

Binance Seeks Brazil Crypto License As 22 Tokens Face Delisting & 8 Services Halt

Binance applied for a Brazilian crypto license through BBrasil ahead of the October 30 regulatory deadline. Brazil’s new crypto rules have led...

GLXY Stock Jumps 4.4% As Galaxy Digital Reports $323M Q3 Profit
News

GLXY Stock Jumps 4.4% As Galaxy Digital Reports $323M Q3 Profit

Galaxy Digital (GLXY) shares rose 4.4% after the company reported $323 million in Q3 2026 net income. Galaxy Digital posted $454.7 million...

Generali Boosts Strategy (MSTR) Stake By 101,000 Shares To $36.4M
News

Generali Boosts Strategy (MSTR) Stake By 101,000 Shares To $36.4M

Generali Asset Management increased its Strategy (MSTR) holdings by 100,985 shares in Q3 2026. The asset manager held 237,930 MSTR shares valued...

Related Articles

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...

How To Build AI Agents From Scratch

Artificial Intelligence (AI) is no longer just about answering questions since AI...