Michael Saylor Pauses Bitcoin Buys, But A $3B Acquisition Frenzy Could Start This Week, Analyst Says

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Strategy Inc. (NASDAQ:MSTR) chairman Michael Saylor announced no Bitcoin (CRYPTO: BTC) purchases this week but analyst Taiki Maeda expects $2 billion to $3 billion in buying over the next two weeks via STRC.

The Ex-Dividend Buying Pattern

Ahead of the March 13 ex-dividend date, Strategy accumulated $1.54 billion in Bitcoin with steady, spread-out purchases. The largest single-day buy hit $402 million on March 12.

The April cycle accelerated dramatically. Ahead of the April 15 ex-dividend date, total purchases jumped to $3.47 billion. 

Buying compressed into the final days with $416 million on April 10, $922 million on April 13, and $1.21 billion on April 14.

Analyst Expects $2B-$3B Next Wave

Maeda believes the aggressive accumulation pattern continues through the next ex-dividend cycle.

“I’m expecting Saylor …

Full story available on Benzinga.com

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