MicroStrategy is expected to announce an additional Bitcoin acquisition on Monday, according to its CEO Michael Saylor’s recent comments and a chart he posted indicating further buying capacity.
The firm currently holds 848,517 BTC, valued at roughly $66 billion based on the latest price, against a cumulative purchase cost of $64 billion, and has added 334, 250 and 267 BTC in three separate weeks during October.
In the third quarter, MicroStrategy sold 5,552 BTC to fund dividend‑paying preferred share buybacks, spending $204.9 million on repurchasing those shares, showing a willingness to balance on‑chain exposure with capital returns.
Saylor’s earnings‑release remark that “We’re at the beginning of the next bitcoin bull market” and his chart caption “We found room for even more orange” suggest confidence in continued price appreciation, which could influence institutional sentiment.
The announcement comes as broader macro conditions show the Fed holding rates at 3.75%–4% and U.S. inflation at 3.7%, while oil closed October at $117.64 a barrel, providing a backdrop of relatively stable macro‑financial markets.
This story was compiled by the Tradexus News Desk with the help of AI.
