Strategy founder Michael Saylor hinted at adding more Bitcoin to the firm’s holdings after a 13% weekend slide. The company has purchased $55 billion worth of Bitcoin since August 2020. It would mark Strategy’s fifth Bitcoin purchase this year, with a total of 712,647 Bitcoin to its name, the largest treasury company.

Despite Strategy’s early Bitcoin profits, the recent market fall briefly pushed BTC below the company’s cost basis. The crash followed the nomination of Kevin Warsh as the potential new Fed chair by President Trump, causing gold, silver, and the S&P 500 to drop. Crypto market sentiment is at a six-week low.

Former Binance CEO CZ expressed less confidence in the “Bitcoin supercycle” he predicted last month due to community FUD. The Crypto Fear & Greed Index hit a low of 14 out of 100, the lowest in over a month. $1.82B was pulled from spot Bitcoin and Ether ETFs amid a metals rally, signaling market uncertainty.

Read more at Cointelegraph: Strategy’s Saylor Hints It Bought Bitcoin Dip After Weekend Slide