Michael Saylor’s strategy appears to have recovered its Bitcoin (Bitcoin) appetite.
Company Announce Today, she bought 1,550 BTC for $101 million, increasing her total holdings to 845,256 BTC.
The strategy is bought a week later Announce The first Bitcoin sale since 2022, with 32 Bitcoin sold worth $2.47 million.
The sale represents a radical shift in strategy tone after Saylor spent years encouraging investors to “never sell” their bitcoin.
However, he indicated the possibility of a sale, suggestion On a recent earnings call, the company said it would “potentially sell some bitcoin to fund the dividend just to graft the market — just to send a message that we did it.”
Saylor was a staunch Bitcoin evangelist Remarkably quiet About selling on social media. The company’s weekly purchases of BTC are usually announced on X.
In this week’s announcement, Saylor noted that the strategy also increased its US dollar reserve by $100 million to $1.0 billion.
The company’s stock rose more than 6% on Monday, but remains down more than 10% in the past five days and nearly 32% in the past month.
Bitcoin’s price also suffered last week, falling more than 10% in the past seven days. However, the top-ranked crypto assets by market capitalization rose more than 2.5% over the past 24 hours.
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