{"id":25105,"date":"2026-11-08T16:27:02","date_gmt":"2026-11-08T16:27:02","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/11\/08\/michael-saylor-hints-at-another-strategy-bitcoin-buy-as-btc-trades-near-76k\/"},"modified":"2026-11-08T16:27:02","modified_gmt":"2026-11-08T16:27:02","slug":"michael-saylor-hints-at-another-strategy-bitcoin-buy-as-btc-trades-near-76k","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/11\/08\/michael-saylor-hints-at-another-strategy-bitcoin-buy-as-btc-trades-near-76k\/","title":{"rendered":"Michael Saylor hints at another Strategy Bitcoin buy as BTC trades near $76K"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"is-style-lead\">Strategy executive chairman Michael Saylor has hinted at another potential Bitcoin purchase after sharing his familiar accumulation chart on Sunday, November 8, as BTC struggles to recover above $76,000.<\/p>\n<div id=\"cn-block-summary-block_70aad8fc806bde89ba3b89e9a5264949\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Michael Saylor shared his familiar Bitcoin accumulation chart, raising expectations of another Strategy acquisition announcement.<\/li>\n<li>Strategy last acquired 811 BTC for $65.5 million, bringing total reported holdings to 849,327 Bitcoin.<\/li>\n<li>The November 2 purchase used MSTR stock sale proceeds, while cash financed separate STRC repurchases.<\/li>\n<li>STRC closed Friday at $99.84 as Saylor outlined the financial history behind Strategy\u2019s digital credit.<\/li>\n<li>Bitcoin traded near $75,900, slightly above Strategy\u2019s overall average purchase cost of $75,451 per coin.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In an <a href=\"https:\/\/x.com\/saylor\/status\/2119414787134083540\" target=\"_blank\">X post<\/a>, Saylor wrote, \u201cConnecting the dots,\u201d alongside a link to his Bitcoin tracking chart. He has frequently shared similar updates ahead of Strategy\u2019s Monday acquisition disclosures, although the latest message did not specify whether the company had purchased more Bitcoin or how much it might have spent.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"646\" src=\"https:\/\/media.crypto.news\/2026\/11\/image-50-1024x646.webp\" alt=\"Source: X\" class=\"wp-image-14489261\" srcset=\"https:\/\/media.crypto.news\/2026\/11\/image-50-1024x646.webp 1024w, https:\/\/media.crypto.news\/2026\/11\/image-50-300x189.webp 300w, https:\/\/media.crypto.news\/2026\/11\/image-50-768x484.webp 768w, https:\/\/media.crypto.news\/2026\/11\/image-50-880x555.webp 880w, https:\/\/media.crypto.news\/2026\/11\/image-50.webp 1164w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption class=\"wp-element-caption\">Source: X<\/figcaption><\/figure>\n<p>The post followed Strategy\u2019s November 2 announcement of an 811 BTC purchase and a separate $208.2 million repurchase of its STRC preferred shares. The company held 849,327 BTC as of November 1, making its next financing and acquisition update another closely watched event.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Michael Saylor Signals Possible Bitcoin Purchase on Monday<\/strong><\/h2>\n<p>Saylor\u2019s latest message follows a familiar pattern in which he shares Strategy\u2019s Bitcoin accumulation chart before the company reports its weekly treasury activity.<\/p>\n<p>The company typically publishes acquisition details in a Form 8-K filed with the U.S. Securities and Exchange Commission. Previous disclosures have identified the number of bitcoins purchased, their average acquisition price and the financing arrangements used.<\/p>\n<p>On November 2, crypto.news <a href=\"https:\/\/crypto.news\/strategy-buys-811-btc-strive-adds-124-bitcoin\/\" target=\"_blank\">reported Strategy\u2019s latest purchase<\/a> after the company returned to Bitcoin accumulation following a week without new acquisitions.<\/p>\n<p>Strategy purchased 811 BTC between October 26 and November 1 for approximately $65.5 million, paying an average of $80,846 per coin, including fees and expenses.<\/p>\n<p>Its holdings subsequently reached 849,327 BTC, acquired for an aggregate $64.08 billion. The company\u2019s overall average purchase price stood at $75,451 per Bitcoin.<\/p>\n<p>Sunday\u2019s post provided no updated holdings figure. A new acquisition would require confirmation through Strategy\u2019s next official disclosure, which could identify purchases completed since November 1.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Strategy\u2019s Previous Bitcoin Buy Was Funded by MSTR Shares<\/strong><\/h2>\n<p>According to Strategy\u2019s November 2 <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000119312526442707\/mstr-20261102.htm\" target=\"_blank\">SEC filing<\/a>, the company sold 1,178,552 MSTR common shares through its at-the-market offering program during the previous reporting period.<\/p>\n<p>The transactions generated $164 million in net proceeds, of which $65.5 million funded the Bitcoin purchase. Another $98.5 million was allocated to the company\u2019s cash balance.<\/p>\n<p>Strategy reported no preferred-share sales during that period. Its separate repurchase program acquired 2,092,035 STRC preferred shares for $208.2 million using existing dollar-denominated cash.<\/p>\n<p>The company ended November 1 with approximately $4.79 billion in its designated dollar reserve and $132.7 million in separate cash holdings.<\/p>\n<p>Strategy\u2019s financing structure gives management several options when purchasing Bitcoin, including selling common shares and issuing preferred securities. However, any new financing activity would need to be confirmed in the relevant reporting period.<\/p>\n<p>A potential purchase would attract attention to the company\u2019s market-value-to-net-asset-value ratio, or mNAV, which compares its equity valuation with the value of its underlying Bitcoin holdings under the company\u2019s methodology.<\/p>\n<p>Strategy\u2019s <a href=\"https:\/\/www.strategy.com\/\" target=\"_blank\">official dashboard<\/a> recently placed the ratio near 1.12 times. Its November 6 common-stock closing price stood at $128.93.<\/p>\n<h2 class=\"wp-block-heading\"><strong>STRC Stock Closes at $99.84 as Saylor Discusses Digital Credit<\/strong><\/h2>\n<p>Saylor\u2019s latest Bitcoin message came after he published a separate discussion explaining the financial structures behind Strategy\u2019s preferred-stock products.<\/p>\n<p>In his November 7 post, he described how common stock, preferred shares, securities regulation and Bitcoin had contributed to the development of what he calls digital credit.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDigital credit took four centuries to make possible,\u201d Saylor wrote while discussing Strategy\u2019s Stretch preferred shares, which trade on Nasdaq under the ticker STRC.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Digital credit took four centuries to make possible. From the Dutch East India Company to Bitcoin, this is the story of the ten foundations that brought us here. <a href=\"https:\/\/x.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRC<\/a> <a href=\"https:\/\/t.co\/f2kEGAQDYI\">https:\/\/t.co\/f2kEGAQDYI<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/x.com\/saylor\/status\/2119203067015098830?ref_src=twsrc%5Etfw\">November 7, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to <a href=\"https:\/\/www.google.com\/finance\/quote\/STRC:NASDAQ\" target=\"_blank\">Google Finance<\/a>, STRC closed at $99.84 on Friday, November 6, gaining 0.38% during the session. The security traded between $99.50 and $99.84, with volume around 1.61 million shares.<\/p>\n<p>STRC uses a variable monthly dividend-rate policy designed to encourage trading around its $100 stated amount. Its dividend structure differs from MSTR common stock, which gives shareholders residual exposure to Strategy\u2019s business and Bitcoin holdings.<\/p>\n<p>Saylor explained that the company can issue preferred shares to raise capital or repurchase them to reduce outstanding dividend obligations.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Price Remains Below Strategy\u2019s Latest Purchase Cost<\/strong><\/h2>\n<p>Bitcoin traded around $75,900 on November 8, leaving its market price below Strategy\u2019s most recent average acquisition cost of $80,846.<\/p>\n<p>The latest price was nevertheless close to the company\u2019s overall average purchase cost of $75,451, according to the November 2 filing.<\/p>\n<p>Bitcoin\u2019s recovery has been limited by selling pressure across cryptocurrency markets and continued withdrawals from U.S. spot Bitcoin exchange-traded funds.<\/p>\n<p>A November 7 <a href=\"https:\/\/crypto.news\/bitcoin-price-76000-etf-outflows-75000-support\/\" target=\"_blank\">Bitcoin market assessment<\/a> recorded approximately $1.28 billion in net ETF withdrawals during November 2\u20136, including $411.9 million on Friday.<\/p>\n<p>Strategy\u2019s financing outlook faces another scheduled event on November 11, when MSCI is expected to announce its index review decisions.<\/p>\n<p>The potential <a href=\"https:\/\/crypto.news\/strategys-bitcoin-plan-faces-november-11-index-decision\/\" target=\"_blank\">index exclusion decision<\/a> concerns whether companies with substantial digital-asset treasury exposure should remain eligible for certain equity indexes.<\/p>\n<p>Strategy previously estimated that relevant index-tracking funds held approximately 13 million MSTR shares, representing 3.1% of its basic outstanding shares.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/michael-saylor-strategy-bitcoin-buy-hint-strc\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategy executive chairman Michael Saylor has hinted at another potential Bitcoin purchase after sharing his familiar accumulation chart on Sunday, November 8, as BTC struggles to recover above $76,000. Summary Michael Saylor shared his familiar Bitcoin accumulation chart, raising expectations of another Strategy acquisition announcement. Strategy last acquired 811 BTC for $65.5 million, bringing total [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-25105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=25105"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/24044"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=25105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=25105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=25105"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=25105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}