‘We Are Buying’: Michael Saylor Confirms Strategy (MSTR) Is Aggressively Buying Bitcoin
Michael Saylor confirmed Strategy (MSTR) is aggressively buying Bitcoin, dismissing rumors of selling amid market panic.Summary
Amid market panic and rumors that Strategy (MSTR) was selling its Bitcoin holdings, Executive Chairman Michael Saylor firmly stated, “We are buying bitcoin,” and promised accelerated purchases. The rumors stemmed from on-chain movements coinciding with a brief BTC price drop below $95,000. Saylor reassured investors, noting that MSTR shares had fallen but emphasized that Bitcoin's current price still represented a significant return over the past year. Strategy currently holds over 641,000 BTC, with an average purchase price around $74,000, and Saylor remains bullish long-term, viewing Bitcoin as a superior investment to traditional assets for those with a four-year horizon. He reiterated the company's commitment to doubling down on its treasury strategy, using market dips to expand holdings.
(Source：Bitcoin Magazine)