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Michael Saylor: Strategy Could Involve Buying Up to 1.5 Million Bitcoin
By: theblockbeats.news|2025/08/01 13:22:21
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.
The trader is fully pricing in the scenario of two more Fed rate cuts before the end of the year.
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.
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