According to CoinMeta, Michael Saylor ( Michael Saylor ), the Executive Chairman of MicroStrategy, and Matt Cole ( Matt Cole ), the CEO of Strive, expressed their intention to increase their holdings of Bitcoin after the price fell back to $62,000. Saylor tweeted, "This pullback can be viewed in a positive light." Cole then added, "Bitcoin is cheap; we want more." Their remarks followed the purchasing actions disclosed by both companies on November 9th, when the Bitcoin price was significantly higher. According to Crypto.News market data, the current Bitcoin price has rebounded to $65,500, although it is still below the recent purchase prices of both companies. MicroStrategy confirmed on November 8th that it had purchased 1,036 Bitcoins for a total of $81.9 million, at an average price of $79,012 each. According to its SEC document from November 9th, this transaction increased MicroStrategy's Bitcoin holdings to 850,364 coins, worth approximately $64.16 billion, at an average purchase price of $75,456 per coin.