Michael Saylor’s Strategy Adds 487 Bitcoin Worth $49.9 Million

Michael Saylor dismissed rumors of Bitcoin sales by affirming Strategy’s continued and accelerated accumulation of BTC, despite MSTR’s 35% year-to-date decline and current trading below $200. In a CNBC interview, he stated the company will report new purchases on Monday and currently holds over 641,000 BTC valued at approximately $22.5 billion. Saylor emphasized Bitcoin’s long-term strength, noting its significant price rise from a $55,000–$65,000 range a year ago to $95,000. Market speculation arose due to on-chain data showing BTC movements from company wallets, but Saylor confirmed these did not represent sales. Broader crypto markets weakened as ETH fell 14% to $3,060, driven by spot ether ETF outflows, declining network activity, and a hawkish Fed stance.