Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Tech Chain Daily
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Tech Chain Daily
    Home»Crypto News»Bitcoin»Bitcoin Buying Streak Ends? Saylor Confirms No New Strategy Purchase
    Bitcoin
    Bitcoin

    Bitcoin Buying Streak Ends? Saylor Confirms No New Strategy Purchase

    May 4, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    binance


    Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

    Strategy’s Bitcoin stash sits at roughly $64.44 billion — and it didn’t grow this week.

    A Pause After 4 Straight Weeks

    Michael Saylor, executive chairman of Strategy, confirmed Sunday that the company made no Bitcoin purchases during the current week, snapping a four-week buying run.

    bybit

    The announcement came through his usual channel: the “Orange Dots” chart posted to X, which tracks every purchase the company has ever made.

    Followers have come to read the chart as a signal of fresh buying. This time, the message underneath told a different story — “No buys this week.”

    He did not leave it there. Saylor added that the firm would resume purchases the following week, writing simply, “Back to work next week.”

    No buys this week. Back to work next week. $BTC pic.twitter.com/lqliYZPAf4

    — Michael Saylor (@saylor) May 3, 2026

    Scale Of Recent Purchases Had Already Been Shrinking

    The pause follows a noticeable slowdown in the size of Strategy’s acquisitions. According to reports, the firm picked up 3,273 BTC last Monday at an average price of $77,906 per coin, totaling roughly $255 million.

    That figure sounds large on its own, but it represents a near 90% drop from the $2.54 billion purchase made on April 20.

    Strategy’s total Bitcoin holdings now stand at 818,334 BTC, acquired at an average cost of $75,537 per coin.

    BTCUSD trading at $79,858 on the 24-hour chart: TradingView

    BTC Price Holds Steady Despite The News

    Bitcoin did not react sharply to the announcement. As of Sunday, BTC traded at around $78,590, up about 0.28% on the day. The $78,000 level has held as a floor, with analysts pointing to $75,000 as the next meaningful support below it.

    Some analysts noted that the next resistance above current prices sits near $79,000. A break past that level, based on his read, could push Bitcoin into the $86,000 to $88,000 range. Higher up, the $92,000 to $94,000 zone would be the next ceiling to watch.

    For now, the market appears to be taking Saylor’s week off in stride. Strategy’s buying activity has grown into one of the more closely watched signals in the Bitcoin market, and the company’s sheer scale of holdings means even a one-week absence draws attention.

    Whether next week brings a return to large-scale accumulation — or another modest dip — remains to be seen.

    Featured image from MetaAI, chart from TradingView

    Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





    Source link

    notion
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    Strategy Moves 411 BTC to Coinbase Prime as Polymarket Sell Odds Hit 84%

    May 29, 2026

    11-Year Dormant Wallets Torch $8.3M in BTC

    May 29, 2026

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail

    May 28, 2026

    Bitcoin Bears Break $75K Support: Is $70K Next?

    May 28, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    synthesia
    Latest Posts

    Memecoin Platform DxSale Drained for $7.3M Across 1,400 LPs

    May 29, 2026

    Stock Indexes Rally to Record Highs on Peace Deal Hopes and AI Spending

    May 29, 2026

    Pinterest cut AI costs 90% by gutting a frontier model's vision layer

    May 29, 2026

    If you’re trying to get rich with AI, you need to hear this…

    May 29, 2026

    【AI Basics #02】Deep Learning & Neural Networks Explained

    May 29, 2026
    binance
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Trezor Launches USDC, USDT Yield in Trezor Suite Through Morpho

    May 30, 2026

    Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

    May 29, 2026
    frase
    Facebook X (Twitter) Instagram Pinterest
    © 2026 TechChainDaily.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.