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Michael Saylor Doubles Down: MicroStrategy’s Bitcoin Treasury Swells to 580,250 BTC
Michael Saylor Doubles Down: MicroStrategy’s Bitcoin Treasury Swells to 580,250 BTC
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Another day, another nine-figure bet on Bitcoin—MicroStrategy just can’t quit its orange-pill addiction.
The corporate hodl parade
CEO Michael Saylor’s latest purchase adds to what’s now a $40B+ position (depending on which way the crypto winds blow today). That’s enough BTC to make even BlackRock’s spot ETF stash look like pocket change.
Wall Street analysts weep into their spreadsheets while the company treats dollar-cost averaging like an extreme sport. ’Liquidity? What liquidity?’—Saylor probably, while wiring another $500M to Coinbase Prime.
Funny how ’risky treasury management’ becomes ’visionary allocation strategy’ when the chart goes right. But hey—at least someone’s putting those zero-interest era war chests to work.
Bitcoin has once again taken the spotlight by reaching a new all-time high of nearly $112,000. Despite the price pulling back modestly, the HYPE hasn’t cooled. The recent value surge has propelled the currency into a new stratosphere, enticing... Read More
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