BULLISH 📈 : Saylor signals new Bitcoin buys after last week’s $2.54B addition
Saturn added $18M to STRC as it trades below its $100 par. Strategy keeps funding Bitcoin buys through the instrument.
STRC pays 11.5% annually, monthly. Proceeds go to buying more Bitcoin.
Saturn’s total now stands at $33M. Critics question if demand can sustain the pace.
An account tracking STRC activity estimated roughly zero Bitcoin bought last week. It asked what Monday’s 8‑K will confirm. Source: STRC_live on X.
Michael Saylor posted “The Beat Goes On.” He attached the “Orange Dots” chart of buys. This post often precedes a purchase update. Source: Saylor on X.
Strategy says it holds more than 815,000 Bitcoin. It added more last Monday after a large buy. Source: Strategy.
Peter Schiff called STRC “the most obvious Ponzi that has ever existed.” He argues the 2% Bitcoin rise claim only works if issuance stops. More STRC issuance lifts the required Bitcoin appreciation to fund the 11.5% yield. He warned of potential lawsuits and said canceling the dividend is the only exit, with losses across STRC, Strategy’s stock, and Bitcoin. Source: Peter Schiff on X.
Strategy hasn’t responded publicly. Saylor keeps posting the orange dots.
