Saylor signals impending Bitcoin purchase amid Israel-Iran conflict
Strategy co-founder Michael Saylor hinted the company would purchase more Bitcoin on Monday when traditional financial markets open.
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC purchase by the company, despite the ongoing conflict in the Middle East, which could rattle global financial markets when they open on Monday.
The company’s most recent Bitcoin buy occurred on June 9, with a relatively small purchase of 1,045 BTC, valued at approximately $110 million, bringing Strategy’s total holdings to 582,000 BTC.
Data from SaylorTracker shows that Strategy is up over 50% on its investment. This translates to over $20 billion in unrealized capital gains in fiat terms.
