Microstrategy
Michael Saylor dismissed rumors and told CNBC that MicroStrategy remains committed to aggressively accumulating bitcoin, even as BTC and the company's stock have slid. He called recent chatter “no truth to the rumor.”
Michael Saylor's Strategy continues weekly Bitcoin purchases that frequently land near local price tops, raising questions about concentration risk and corporate treasury strategy. CryptoQuant flagged the latest move on Nov. 10, highlighting a pattern that could amplify volatility for markets and corporate investors alike.
Strategy (Nasdaq: MSTR) added 487 BTC this week — just shy of $50 million — continuing its long-running accumulation. The buy reinforces the institutional narrative around bitcoin while offering retail investors multiple routes to exposure, including installment plans like the one at Bitlet.app.