CandleFocus Michael Saylor hints at Strategy’s upcoming Bitcoin purchase amid price fluctuations
2025-02-09
Author: Content Editor
Strategy co-founder Michael Saylor has hinted at a possible resumption of Bitcoin acquisitions after a week's break, as the price of Bitcoin fluctuates. Strategy currently holds 471,107 Bitcoin valued at over $45 billion. The potential purchase would mark the company's first acquisition since its rebranding. Strategy reported a net loss for the fourth quarter and revenue decline, but its expenses have increased due to its investment plan. Bitcoin has fallen 11% from its record high in January. Despite market uncertainty, Strategy is likely to continue its Bitcoin purchase strategy.
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