MicroStrategy Doubles Down: Scoops Up 155 More BTC—Now Holds 628,946 Bitcoin

Another day, another stack of sats for Michael Saylor’s billion-dollar bet.

MicroStrategy just dropped another $5M-ish (give or take a few Lambos) on 155 BTC—pushing its total stash to 628,946 bitcoin. That’s roughly 3% of the entire supply. Not bad for a ‘business intelligence’ company moonlighting as a crypto hedge fund.

Why stop at software when you can HODL the hardest asset in history?

Wall Street analysts are still scratching their heads—meanwhile, Saylor’s cold wallet could survive nuclear winter. The ultimate ‘number go up’ strategy.

Fun fact: At current prices, their position is worth about [REDACTED—insert absurd number here]. But who’s counting? (Answer: Their auditors. Relentlessly.)

*Cue the inevitable ‘but the shareholders!’ pearl-clutching from traditional finance.*

Stock and Market Reaction

After the announcement, MicroStrategy’s stock increased by 9%, reaching $404.9. At the same time, Bitcoin was trading at $119,665, a 0.95% increase over the past 24 hours, with a daily trading volume of $87.81 billion.

The company’s aggressive accumulation strategy has inspired other publicly listed firms to adopt Bitcoin as part of their treasuries. Collectively, these companies now hold 964,314 BTC, much of it funded through capital raises modeled after MicroStrategy’s approach.

Beyond MicroStrategy, other high-profile players are making headlines. The Trump family’s crypto venture, World Liberty Financial, is partnering with ALT5 Sigma Corp. to raise $1.5 billion for its WLFI token. ALT5 Sigma plans to sell 200 million new and existing shares to fund the purchase.

Also Read: SharpLink Plans Raising $400M to Boost Its ETH Treasury