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Strategy’s Michael Saylor Signals indicating BTC Buy for Treasury


Co-Founder approach Michael Saylor signed an upcoming bitcoin (Btc) purchase, and, if completed, the transaction will mark the company’s third acquisition of the company in August.

The company Bitcoin’s latest purchase It took place on August 18, when the strategy bought 430 BTC for $ 51.4 million, carrying its total handling at 629,376 BTC, costing more than $ 72 billion at the time of this writing.

Data From the Saylortracker shows the approach is more than 56% in BTC investment, which represents more than $ 25.8 billion in the unknown gains at the current prices.

Bitcoin price, microstrategy, adoption of bitcoin, Michael Saylor, companies
History of Strategy of Bitcoin purchases. Source: Saylortracker

Getting the company’s BTC in August was a bit thin. The approach usually gets thousands or ten -ten -thousand BTCs per purchase, however it only gets 585 BTC to this day, in two separate transactions, this month.

The strategy is leading the BTC’s BTC acquisition charge and the BTC’s largest treasury company through a wide margin. Saylor continues to advocate for Bitcoin by orange-filling individual investors and financial institutions, Sparking a financial movement in the corporation.

Related: Do the difficult companies use crypto reserves as a PR’s lifeline?

The approach does not directly affect bitcoin market prices in its acquisition plan

Shirish Jajodia, the company’s corporate treasurer, recently said Podcaster Natalie Brunell already The approach does not move in the BTC market with its purchases.

The company captures the BTC by over-the-counter transactionPrivate agreements between parties that occur outside of place exchanges, and other methods that do not affect market prices.