✉news BusinessCrypto first seen 7 d ago, last 6 d ago, peak #13
Saylor Praises Rival's $280 Million Bitcoin Buy as His Own Purchases Slow
Original: Michael Saylor Cheered a Rival’s $280 Million Bitcoin Buy Despite His Own Company Buying 85% Less the Same Week.
Strategy executive chairman Michael Saylor publicly welcomed a rival company's $280 million bitcoin purchase, even as his own firm's weekly buying dropped by roughly 85% compared with previous weeks. The contrast has drawn attention from crypto watchers, who see it as a sign that the era of huge corporate bitcoin accumulation may be cooling, at least for Strategy, while other companies step in to buy.
Why now: The apparent slowdown in Strategy's bitcoin buying is being read as a signal about weakening corporate demand for bitcoin.
Evidence
- Michael Saylor Cheered a Rival’s $280 Million Bitcoin Buy Despite His Own Company Buying 85% Less the Same Week. · Yahoo Finance
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