- Saylor signaled another potential Bitcoin purchase after Strategy’s 100th acquisition.
- Bitcoin’s price was trading at around $66,200, down about 20% over the past month.
Michael Saylor hinted on social media that the Strategy company is preparing to announce another Bitcoin purchase, where the MSTR stock trades near multi-month lows and Bitcoin has lost over 20% in the last 30 days
In the social media platform X, Saylor posted a usual BTC accumulation chart on March 1 with the caption “The Turn of the Century,” which indicated the Strategy, Bitcoin treasury company is set to buy another bitcoin after its 100th purchase happened in February 16, as the company purchased 592 BTC, valued at over $39.8 million, as its total holdings stands at 717,722.
While writing the article, Bitcoin is trading at $66, 252, down nearly 1% in the last 24 hours, with extended monthly losses. According to the coinglass data, BTC has liquidated $142.13 million in the past 24 hours, majorly wiped by the long positions. While the open interest rate was also reduced to 1.43%, despite the losses, Saylor has consistently used market pullbacks as accumulation opportunities, reinforcing Strategy’s long-term Bitcoin treasury approach.
Strategy Raises STRC Dividend Amid MSTR Weakness
Before hinting at BTC purchase, Saylor posted, the treasury company is raising the dividend on its STRC preferred stock, also known as “Stretch,” to 11.50% for March 2026, from the previous 11.25%
Since STRC is a perpetual preferred stock, the company is not required to repurchase it at a specific point in time. Additionally, its yield may vary each month. This allows Strategy greater freedom to raise capital without having to meet investors’ demands right now, while continuing its goal of acquiring more Bitcoin.
With that, as per Google Finance data, Strategy Inc (MSTR) stock’s current price is at $129.50, as the stock is down 2.92% today with a drop of $3.90 in value and down 62.09% over the last six months.
Highlighted Crypto News:
X Allows Paid Crypto Promotions but Restricts Ads in EU and UK
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran Conflict Not Major Concern For Bitcoin Mining Hashrate, Say Experts
In brief
Social media rumors argued that massive BTC dumps and hashrate collapse could follow the U.S.-Israel attacks on Iran.
Analysts and miners say Iran’s share of global Bitcoin mining is small and the impact limited.
War-driven volatility is tied more to price sentiment than supply n
Decrypt4m ago
BTC short-term decline of 0.81%: Futures long liquidation wave triggers passive selling and liquidity resonance, intensifying volatility
On 2026-03-02 from 17:30 to 17:45 (UTC), the BTC price experienced a significant fluctuation, with a period return of -0.81%. The price rapidly declined within the range of 68802.7 to 69447.1 USDT, with an amplitude of 0.93%. Trading volume during this period was significantly higher than the previous hour, indicating increased selling pressure and short-term volatility, which attracted widespread market attention.
The main driver of this fluctuation was large-scale forced liquidation of long positions in the futures market. Data shows that during this hour, the total forced liquidation amount for BTC futures contracts reached as high as $117 million, with a 24-hour cumulative total of 3.8
GateNews28m ago
BTC drops below 69,000 USDT
Gate News bot message, Gate market display, BTC drops below 69,000 USDT, current price 68,996.9 USDT.
CryptoRadar32m ago