Michael Saylor signals another bitcoin buy as BTC price slumps to $78,000

Strategy’s ability to fund a large bitcoin purchase appears limited after a weak performance for the price of its common and preferred shares. What to know : Strategy Executive Chairman Michael Saylor hinted at another bitcoin purchase following the weekend selloff. With company's shares down 6% on the week and its STRC preferred stock trading below par, any purchase is likely to be limited due to constrained capital raising options.