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Michael Saylor Hints at Bitcoin Buy as BTC Struggles Near $78,000 Bitcoin News ETHNews
xCruzo Brief
Michael Saylor has suggested Strategy may be preparing another Bitcoin acquisition as BTC struggles to recover near $78,000. Strategy has not confirmed any new purchase, but the post highlights how the company’s financing structure and equity valuation affect how much additional BTC it can accumulate. The latest figures cited show Strategy acquired 848,517 BTC at an average price of $75,446, with an estimated reserve value of $66 billion. As of Nov. 1, BTC was about $77,950 and Strategy’s holdings were valued around $66.14 billion versus $64.02 billion in acquisition cost, implying roughly $2.12 billion in unrealized gains.
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