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Saylor is adding to his BTC position again, but the question is how much more can he actually buy? Michael Saylor: Others study cycles, he studies inventory. Strategy recently bought another 950 BTC at an average price of about $79,670, totaling approximately $76 million. After the purchase, Strategy's holdings reached about 846,000 BTC. This number is no longer just "buying BTC." This is: a BTC mine sitting directly on the company's books. What's even more interesting is that Strategy has recently been repurchasing its preferred shares, with a funding scale even larger than the amount spent on buying BTC this time. So what the market really cares about now is: Will Saylor continue to buy? If he does, it represents a sustained large buying narrative for BTC. But if he pauses, the market might immediately start asking: "Does even Saylor think the price isn't cheap anymore?" Of course, this is currently just market speculation and does not mean Saylor has changed his BTC strategy. After all, this guy's obsession with BTC is beyond what the word "faith" can explain.