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- Saylor drops a new weekend signal as Strategy hints at another Bitcoin purchase filing.
- Strategy now holds 717,131 BTC after its latest buy, despite a 10.7% unrealized decline. Bitcoin pressure grows as ETF outflows hit $8.3B and tariffs lift global rates to 15%.
Michael Saylor issued another weekend signal as Bitcoin fell below $68,000. Strategy posted its accumulation chart on X with the caption “The Orange Century.”
This update indicated that the company would file its update. This is not unusual for the company. They have been making these types of posts before filing updates on new purchases.
Saylor has used these signals many times before. They are typically used before Strategy announces new Bitcoin purchases. The timing of Saylor’s update followed the same pattern. This has sparked new speculation for the company.
Strategy’s Bitcoin Holdings Reach 717,131 BTC
Strategy made a large purchase announcement earlier in the week. They purchased 2,486 Bitcoin on February 17. This purchase came with a price tag of $168.4 million. They paid $67,710 for each of these coins.
The purchase brought their total to 717,131 Bitcoin. They paid $54.52 billion for their coins. They are currently averaging $76,027 for each of their coins.
Strategy has made 99 Bitcoin purchases since 2020. The company has not sold any coins. It now holds more than 3% of the total supply of Bitcoins. The company is gradually moving towards a much higher total supply.
Bitcoin’s price continues to be under pressure. It lost more than 40% from the high of more than $125,000. It failed to hold support near $70,000 this week. The failure to stay at this level caused the stop-loss to be executed, resulting in short-term sales.
Also Read: Strategy Buys 2,486 BTC for $168M, Holdings Reach 717,131 BTC
At the time of writing, Bitcoin is trading at $67,412. It is down by 1.24% in the last 24 hours and is also down 1.88% over the past week, according to CoinMarketCap.
ETF Outflows Grow as Tariff Policy Tightens
In the last week, ETF inflows were negative. The data indicates that there has been a total outflow of $8.3 billion from the all-time high. Analysts note that the decline is because of changing investor demand. Gold and stablecoins are gaining more popularity.
A change in the US government’s tariff policy caused more downward pressure on the market. It increased the global tariff level to 15%. The change affected all countries that have active trade agreements. It reset some countries that had a higher level to the new level, such as Venezuela.
Strategy’s stock MSTR moved slightly. It went up by 1.24% on Friday. It trades between $129.41 and $136.14. After-hours trading showed the stock at $131. The stock’s trading range is between $104.17 and $457.22.
Also Read: Bitdeer Sells Entire Bitcoin Treasury as Corporate Holdings Fall to Zero
