MicroStrategy’s Bold Bet: Saylor Nears 7% Bitcoin Dominance—Can $112K Support Hold?

Michael Saylor's MicroStrategy just doubled down—again. The enterprise software-turned-Bitcoin treasury play now holds a staggering 7% of all circulating BTC. At $112K per coin, the market holds its breath.

Wall Street analysts scramble to update models while crypto OGs nod approvingly. "Another corporate treasury hedging against fiat debasement," quips one trader. "Or another leveraged gamble waiting for a margin call," fires back a skeptical fund manager.

The $112K level becomes critical technical support. Break below? A liquidity nightmare for overexposed institutions. Hold? Another brick in Bitcoin's wall of institutional adoption.

Meanwhile, traditional finance pundits clutch pearls as Saylor converts another quarter's profits into “magic internet money.” Because clearly, what the balance sheet needed was more volatility between Fed meeting minutes.