MicroStrategy Doubles Down: Scoops Up 4,020 Bitcoin in Bold Bet Against Fiat
Michael Saylor’s crypto juggernaut just dropped another $200M+ into BTC—because why diversify when you can YOLO into digital scarcity?
The Monday announcement timing? Classic Wall Street theater. Nothing like a fresh week to distract from the fact traditional finance still can’t math out Bitcoin’s 12-year winning streak.
This brings their total stash to over 150,000 BTC. At this rate, they’ll need a private blockchain just to track their own holdings.
Why Does Michael Saylor Buy Bitcoin on Monday Only?
Michael Saylor, the Executive Chairman of Strategy, has garnered attention for his strategic Bitcoin purchases, which are often announced on Mondays. This pattern appears intentional with Saylor announcing the firm’s Bitcoin purchases ahead of the weekly openings, supposedly to influence week’s market sentiment positively.
By revealing his Bitcoin acquisitions early in the week, Saylor aims to boost confidence among investors while leveraging the fresh momentum of market openings. This approach reinforces Saylor’s bullish stance, as he recently said, “I only buy Bitcoin with money I can’t afford to lose,” signaling unwavering conviction to his 4.3 million followers.
Also read: Robert Kiyosaki: Even 0.01 BTC Could Make You Rich by 2027