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Michael Saylor buys 811 Bitcoin amid $405M outflow from BlackRock's Bitcoin ETF in one day

04 Nov 2026, 20:43 WIB
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Michael Saylor buys 811 Bitcoin amid $405M outflow from BlackRock's Bitcoin ETF in one day

Michael Saylor's Strategy Inc. purchased 811 Bitcoin for $65.5 million between Oct. 26 and Nov. 1, increasing its holdings to nearly 850,000 coins. This buying occurred while U.S. spot Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust, saw significant outflows totaling over $400 million in a single day. Meanwhile, Strategy Inc. spent more on buying back its preferred stock (STRC) than on Bitcoin itself. Investors should watch Strategy's future filings to see if more funds go to Bitcoin or STRC, and monitor ongoing ETF flows for market trends.

Michael Saylor's Strategy Inc. stock (MSTR) is up 6.89% at USD 144.98 on Pluang as of Nov 05, 2026 02:01 WIB. Meanwhile, the iShares Bitcoin Trust (IBIT) price rose 3.02% to USD 45.38 on Pluang during the same period. Despite ETF outflows, these price gains show continued investor interest in both Strategy Inc. and Bitcoin-linked assets.

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