Key facts: Michael Saylor to buy more Bitcoin; CFTC plans leveraged trading; Bitcoin risks drop below $100K
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- Michael Saylor's Strategy plans to buy more Bitcoin, currently holding 641,205 BTC at an average cost of $74,064. The firm recently added 397 BTC, showing ongoing accumulation.1
- CFTC chair Caroline Pham revealed talks with exchanges to possibly start leveraged spot trading for Bitcoin next month, a significant shift in crypto market regulations.2
- Bitcoin recently broke down from a rising wedge pattern and is currently trading just above the $100K–$101K support block, with a risk of dropping to the next support level around $95K.3