NewsBTC
Dec 15, 2025
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Michael Saylor’s Firm Adds 10,624 BTC Amid Bitcoin Price Drop

1 min

Michael Saylor signaled his firm may increase its Bitcoin holdings amid recent market declines. Strategy recently bought 10,624 BTC, bringing its total to about 660,624 BTC, valued at approximately $58.5 billion with an average cost of $74,696 per coin.

Market Movements

  • Bitcoin briefly hit a two-week low near $87,750 before recovering to over $89,000.
  • Weekends show quick price movements due to thin liquidity.
  • Ether showed relative strength, while major altcoins lagged.

Bank Of Japan's Influence

  • Analysts attribute selling pressure to expectations around the Bank of Japan's actions.
  • Fear of a carry trade unwind linked to Japanese rate expectations is noted as a factor.
  • Some believe Japan’s impact is already priced in, indicating markets anticipate events.

Market Dynamics

  • Recent drops are seen as part of standard market adjustments rather than new shocks.
  • Long-term holders and short-term traders are influencing price movements.
  • No signs of widespread liquidations or funding crises, suggesting measured declines.