Strategy Buys $65.5 Million in Bitcoin as Michael Saylor Predicts Return to Six Figures
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Strategy (formerly MicroStrategy) has resumed its Bitcoin buying program, purchasing 811 BTC for $65.5 million between October 26 and November 1, after a one-week pause, per a Monday, November 2 disclosure. The purchase implies an average price of roughly $80,764 per BTC, bringing the company's total holdings to approximately 640,000 BTC, the largest corporate Bitcoin treasury. Executive Chairman Michael Saylor reiterated his forecast that Bitcoin will return to six-figure price levels, signaling continued conviction despite recent market volatility. The resumption matters because Strategy's weekly buy patterns have become a key liquidity signal for Bitcoin markets, with pauses often coinciding with weaker price action. Investors will watch whether the company sustains its buying cadence in coming weeks and whether Saylor's six-figure call materializes amid ongoing macro uncertainty.
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Strategy (MSTR), Bitcoin (BTC), Michael Saylor
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