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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Michael Saylor Hints at More BTC Purchases After Major Buy Last Week as Prices Dip Below $90K

Michael Saylor's MicroStrategy boasts over 660,624 Bitcoins in holdings. (Credit: X.com)

Bitcoin prices dipped below $90,000 (£67,314) once again amid ongoing market volatility, which was largely triggered by a significant sell-off in early October. Despite this turbulence, Strategy's Michael Saylor remains committed to acquiring more bitcoin, signalling his confidence in the long-term prospects of the cryptocurrency.

Saylor shared a cryptic post on Sunday on X, stating: 'Back to More Orange Dots.' This phrase refers to orange markers on Strategy's treasury charts, which denote bitcoin purchase events. Each dot signifies a verified purchase of bitcoin by the company. The post's implication is clear: Strategy appears poised for another substantial bitcoin buying spree.

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