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Saylor hints at impending BTC purchase after latest capital raise

Coin Telegraph LogoCoin Telegraph2d ago

Saylor hints at impending BTC purchase after latest capital raise - Coin Telegraph

Quick Summary:

Source: SaylorTrackerRelated: Michael Saylor’s Strategy to raise up to $21B to purchase more BitcoinSaylor pushes for the US government to purchase 25% of BTC's total supplySaylor wrote that the US government should acquire 25% of Bitcoin's total supply by 2035 — when 99% of the total BTC supply has been mined.

Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.

Michael Saylor continues evangelizing for the Bitcoin network, inspiring dozens of publicly traded companies to adopt BTC as a treasury asset and petitioning the US government to buy more of the scarce digital commodity.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-23 @ 15:55:51 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27259996

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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