- Saylor signaled another potential Bitcoin purchase after Strategy’s 100th acquisition.
- Bitcoin’s price was trading at around $66,200, down about 20% over the past month.
Michael Saylor hinted on social media that the Strategy company is preparing to announce another Bitcoin purchase, where the MSTR stock trades near multi-month lows and Bitcoin has lost over 20% in the last 30 days
In the social media platform X, Saylor posted a usual BTC accumulation chart on March 1 with the caption “The Turn of the Century,” which indicated the Strategy, Bitcoin treasury company is set to buy another bitcoin after its 100th purchase happened in February 16, as the company purchased 592 BTC, valued at over $39.8 million, as its total holdings stands at 717,722.
While writing the article, Bitcoin is trading at $66, 252, down nearly 1% in the last 24 hours, with extended monthly losses. According to the coinglass data, BTC has liquidated $142.13 million in the past 24 hours, majorly wiped by the long positions. While the open interest rate was also reduced to 1.43%, despite the losses, Saylor has consistently used market pullbacks as accumulation opportunities, reinforcing Strategy’s long-term Bitcoin treasury approach.
Strategy Raises STRC Dividend Amid MSTR Weakness
Before hinting at BTC purchase, Saylor posted, the treasury company is raising the dividend on its STRC preferred stock, also known as “Stretch,” to 11.50% for March 2026, from the previous 11.25%
Since STRC is a perpetual preferred stock, the company is not required to repurchase it at a specific point in time. Additionally, its yield may vary each month. This allows Strategy greater freedom to raise capital without having to meet investors’ demands right now, while continuing its goal of acquiring more Bitcoin.
With that, as per Google Finance data, Strategy Inc (MSTR) stock’s current price is at $129.50, as the stock is down 2.92% today with a drop of $3.90 in value and down 62.09% over the last six months.
Highlighted Crypto News:
X Allows Paid Crypto Promotions but Restricts Ads in EU and UK
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: 838.89 BTC transferred from an anonymous address, routed through a relay, and flowed into Wintermute
ChainCatcher reports that, according to Arkham data, at 02:51, 838.89 BTC (worth approximately $50.26 million) was transferred from an anonymous address (starting with bc1qzudnxd...) to another anonymous address (starting with bc1qsxjg55...). Subsequently, this address transferred some BTC (130 coins) to Wintermute.
GateNews13m ago
Data: 155.22 BTC transferred from an anonymous address, worth approximately 11.09 million USD
ChainCatcher reports that, according to Arkham data, at 00:43, 155.22 BTC (worth approximately $11.09 million) was transferred from an anonymous address (starting with 1AkTDtK7...) to another anonymous address (starting with 1NErFWRW...).
GateNews2h ago
Bitcoin Poised for Next Leg Down as $73K Precedes Death Cross
Bitcoin is navigating a delicate chart landscape as traders weigh the risk of a protracted bear cycle against the possibility of a renewed bounce. After a March rally, market watchers say a sustained move higher will require a meaningful bullish catalyst to overcome persistent resistance and the wei
CryptoBreaking2h ago
Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck
Predictors have turned bullish on Bitcoin's near-term price, suggesting a rise to $84,000 before a potential drop. However, analysts remain divided on sustainability, while sentiment for Ethereum is bearish, with expectations of a decline to $1,500.
Decrypt2h ago
Data: In the past 24 hours, the entire network has liquidated $339 million, with long positions liquidated at $182 million and short positions at $157 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $339 million, with long positions liquidated at $182 million and short positions at $157 million. Among these, Bitcoin long positions were liquidated at $67.776 million, Bitcoin short positions at $69.678 million, Ethereum long positions at $38.385 million, and Ethereum short positions at $50.239 million.
GateNews2h ago
