Strategy's Saylor Teases New Bitcoin Purchases as BTC Price Approaches New ATH
05/12/2025 01:31
Strategy co-founder Michael Saylor is likely to announce another massive Bitcoin purchase on Monday
Strategy co-founder Michael Saylor is likely to announce another massive Bitcoin purchase on Monday
Strategy co-founder Michael Saylor has taken to the X social media network to tease yet another Bitcoin purchase that will likely be announced on May 12.
As reported by U.Today, Strategy announced a $180 million Bitcoin purchase last Monday.
The total number of coins held by the company now stands at more than 555,000 coins.
The company's stock has risen by nearly 40% on a year-to-date basis.
Meanwhile, the leading cryptocurrency is steadily approaching the $105,000 mark amid renewed optimism surrounding a potential trade deal with China.
According to data provided by CoinGecko, Bitcoin is just 4% away from reaching the all-time high that was logged in January.