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MicroStrategy Doubles Down—Announces $84B Bitcoin Purchase in Boldest Bet Yet
MicroStrategy Doubles Down—Announces $84B Bitcoin Purchase in Boldest Bet Yet
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Michael Saylor’s tech-turned-crypto juggernaut just upped the ante—again. MicroStrategy (MSTR) reveals plans to drop another $84 billion on Bitcoin, making Wall Street’s goldbugs squirm.
Why it matters: The move cements MSTR as the ultimate corporate Bitcoin whale, holding more BTC than some nations’ reserves. Saylor’s all-in strategy either looks like genius or reckless FOMO—depending on which finance bro you ask.
The kicker: This comes as traditional hedge funds quietly exit crypto positions, proving once again that in finance, ’contrarian’ just means ’waiting for someone else to go first.’
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