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Michael Saylor Teases MSTR's Next Bitcoin Buy Even As Company Sits On $7B Paper Loss

From stocktwits.com

Strategy (MSTR) executive chairman Michael Saylor signaled on X that the company is on track to announce another Bitcoin (BTC) purchase on Monday after the apex cryptocurrency ended February with a near 15% loss. “The Turn of the Century,” Saylor wrote on X alongside the signature ‘Orange Dot’ chart, hinting that the company continued accumulating Bitcoin this year after announcing its 100th buy in February. MSTR’s stock edged 0.15% higher in overnight trade on Sunday, while Bitcoin’s price fell 1.45 in the last 24 hours to around $66,200. On Stocktwits, retail sentiment around Strategy’s shares improved to ‘bullish’ ... (full story)

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  • Category: Fundamental Analysis