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Michael Saylor hints at new bitcoin buys as Strategy holds 848,517 BTC worth $66B.

Market News
02 Nov 2026, 11:05 WIB
Cointribune
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Bullish
Michael Saylor hints at new bitcoin buys as Strategy holds 848,517 BTC worth $66B.

Michael Saylor, executive chairman of Strategy, hinted at potential new bitcoin purchases by sharing a chart of past acquisitions totaling 848,517 BTC valued at about $66 billion. This follows his bullish outlook on bitcoin's market, citing increased adoption by banks and institutional demand. Strategy paused bitcoin buying recently, instead repurchasing $204.9 million in preferred shares, reflecting a temporary shift in capital management. Investors await further announcements to confirm if Strategy will resume accumulating bitcoin amid ongoing financial commitments and market fluctuations.

Michael Saylor and Strategy's bitcoin holdings total approximately $66 billion, highlighting the scale of their investment. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 02, 2026 16:21 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, EOS (EOS.IO) up 8.13% at Rp12.649, and BAT (Basic Attention Token) down 5.75% at Rp2.396 with a 73% sell order activity.

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