- 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
Bitcoin Depot Discloses $3.6M BTC Theft After Hack on Settlement Accounts
Bitcoin Depot reported a security breach where hackers stole 50.9 BTC, worth approximately $3.6 million, by compromising internal settlement account credentials. This incident highlights vulnerabilities in crypto companies' operational infrastructure, emphasizing the need for enhanced security measures.
CryptoNewsFlash47m ago
The U.S. government transferred 2.4 Bitcoins to a certain CEX address.
Gate News update, April 11, according to Arkham data, about 8 hours ago the U.S. government address transferred a total of approximately 2.438 BTC to a certain CEX address in two transactions, of 0.46 BTC and 1.979 BTC, respectively. The related funds belong to the Bitcoin that was previously seized by law enforcement from Glenn Olivio.
GateNews1h ago
Strategy bought 3,468 BTC via STRC perpetual preferred stock at today’s early morning hours.
Gate News update: On April 11, Strategy (formerly MicroStrategy) led by Michael Saylor purchased 3,468 BTC early this morning through its perpetual preferred stock STRC（Stretch）.
GateNews2h ago
Thailand Tightens Crypto Rules While Expanding Bitcoin Products
Hidden Funders Face Shareholder-Level Scrutiny
Thailand is moving to tighten control over crypto ownership structures while expanding regulated market access. Authorities plan to track hidden financiers and restrict illicit capital flows. At the same time, regulators are opening pathways for
CryptoBreaking2h ago
BlackRock withdrew 3,741 BTC and 41,075 ETH from a certain CEX, totaling approximately $364 million in value
Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 3,741 BTC (worth $272.49 million) and 41,075 ETH (worth $92.00 million) from a certain CEX. The total value of the two transfers is about $364 million.
GateNews2h ago
