Crypto Fund Doubles Down: $21B Bitcoin Buying Spree Despite Q1 Bloodbath

Wall Street’s latest Bitcoin gamble just got bolder—even after getting mauled by the Q1 downturn. Here’s the playbook:

1. The Big Bet: Strategy Capital is raising another $21 billion to buy the dip, turning paper losses into a high-stakes dollar-cost averaging experiment.

2. The Damage Report: Their Q1 filings show nine-figure losses from BTC’s slump—proving even institutional whales get wrecked by crypto winters.

3. The Irony: Same fund that pitched ’hedge against inflation’ now begging LPs for more cash after getting caught holding the bag. Classic Wall Street alchemy—turn gold into lead, then double down.

Will this go down as the ultimate contrarian move or just another case of throwing good money after bad? The blockchain never lies—we’ll know in the next cycle.