Michael Saylor: Strategy Could Involve Buying Up to 1.5 Million Bitcoin
By: theblockbeats.news|2025/08/01 13:01:52
BlockBeats News, August 1st, Michael Saylor stated in a CNBC interview that Strategy may purchase up to 1.5 million bitcoins. This would amount to holding over 7.14% of the total Bitcoin supply.
As of publicly disclosed data as of this Monday, Strategy holds a total of 628,791 bitcoins, with an overall average holding price of $73,277.
Futures Market Implication: Traders believe there is a 75% chance that the Fed will cut interest rates by 25 basis points at the September meeting.The trader is fully pricing in the scenario of two more Fed rate cuts before the end of the year.
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