Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered Says

BTC4.12%

According to Standard Chartered's Geoffrey Kendrick, Strategy (Nasdaq: MSTR) may announce a bitcoin purchase of either 320 BTC or 3,200 BTC following this week's sale of 32 BTC. Kendrick expects buying to be "more aggressive" than the recent disposal, citing a 2022 precedent when Strategy sold 704 BTC on Dec. 22, then bought 810 BTC two days later.

Executive Chairman Michael Saylor's recent post stating "A Good Time to Add More Dots" alongside Strategy's bitcoin tracker fueled speculation of renewed accumulation. The company currently holds 843,706 BTC, keeping MSTR closely tied to BTC price movements and making Strategy's next disclosure potentially decisive for near-term market direction.

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