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MicroStrategy’s Saylor hints at first Bitcoin purchase above $100K

MicroStrategy’s Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.

Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted it bought more Bitcoin over the weekend — marking the firm’s first acquisition with an average purchase price of over $100,000.

In a Dec. 15 post to X, Saylor asked whether MicroStrategy’s Bitcoin (BTC) portfolio tracker SaylorTracker was “missing a green dot” — hinting the Bitcoin-stacking firm has purchased again.

Source: Michael Saylor

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Coinbase Shares Down 27%, .2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. Coinbase Shares Drop Below Reference Rate Coinbase Global, […]

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