# Saylor Signals More Bitcoin Purchases as Strive Funding Model Hits Wall

> Saylor says there's room to buy more Bitcoin while Strive's funding model stalls at $100 stock price.
- Title: Saylor Signals More Bitcoin Purchases as Strive Funding Model…
- Summary: Saylor says there's room to buy more Bitcoin while Strive's funding model stalls at $100 stock price. Strategy chairman Michael Saylor plans to buy more…
- Keywords: michael saylor, strategy, strive, bitcoin, sata, strc, us securities and exchange commission, columbus day, preferred stock, finance, markets, Saylor
- Source: BigGo Finance — https://finance.biggo.com/news/152ab6b2-58dd-4a00-87b4-4022d456b3f3
- Author: BigGo Finance
- Published: 2026-10-11T22:35:20+00:00
- Read time: 1 min
- Topics: michael saylor, strategy, strive, bitcoin, sata, strc, us securities and exchange commission, columbus day, preferred stock, finance, markets
## Saylor Signals Bitcoin Purchases
Michael Saylor, chairman of Strategy, posted on X: 'There's always room to buy more orange (Bitcoin).'

> There's always room to buy more orange (Bitcoin)
## SEC Filings Delayed Until October 13
Official purchase details expected in SEC filings on October 13 due to Columbus Day holiday.
## Strategy Holds 848,000 Bitcoin
Strategy previously acquired 334 BTC, bringing total holdings to 848,000 BTC.
## Strategy Redeemed 1.77 Million STRC Shares
Strategy spent $176.3 million to redeem 1.77 million shares of STRC preferred stock.
## Strive's SATA Stock Falls Below $100
Strive's SATA preferred stock fell below $100, halting capital-raising efforts this week.
## Strive Raised $55 Million for 638 Bitcoin
Strive raised approximately $55 million, enough for 638 Bitcoin at current prices.
## Strive's Model Requires Stock Above $100
Strive's funding model depends on SATA stock remaining above $100 par value.
## Key takeaway

Strategy chairman Michael Saylor plans to buy more Bitcoin, but Strive's capital-raising efforts halt after its preferred stock falls below $100.