After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now
According to posts from Michael Saylor, Strategy’s regular run of Bitcoin buys will pause this week. He told followers there would be “no new orange dots this week,” and used the break to point to the size of the firm’s holdings — now worth $79.03 billion. Related Reading: Blockchain Earnings Take A Dip — 16% […]
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According to market reports, BlackRock’s iShares Bitcoin Trust (IBIT) has climbed to the edge of a major milestone, with assets under management roughly between $98 billion and $100 billion. Related Reading: After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now In just over a year since launch, the fund […]
Senator Cynthia Lummis said acquisition of funds for a Strategic Bitcoin Reserve can “start anytime,” but actual purchases are not happening yet. Related Reading: After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now According to her post on X, the legal path appears open, while the steps needed inside […]
Strategy’s Bitcoin stash sits at roughly $64.44 billion — and it didn’t grow this week. A Pause After 4 Straight Weeks Michael Saylor, executive chairman of Strategy, confirmed Sunday that the company made no Bitcoin purchases during the current week, snapping a four-week buying run. The announcement came through his usual channel: the “Orange Dots” […]
Opendoor, the US home-buying company often described as an iBuyer, has signaled it may accept Bitcoin for property purchases, according to public comments by its new chief executive. Related Reading: After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now Based on reports, the remark has sparked a rush of […]
Strategy CEO Phong Le said last week that Bitcoin’s daily trading volume — averaging more than $60 billion — is large enough to absorb the company’s $1.5 billion in annual dividend payments without moving the market. Related Reading: Nearly 80% Of Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip That comment preceded co-founder Michael Saylor’s latest post “Back to work, BTC” on X Sunday, a phrase he has used before to signal an imminent purchase. A Pattern That Repeats Strategy typically buys Bitcoin the day after Saylor posts that message. The....