tldr; Michael Saylor, chairman of Strategy, hinted at another Bitcoin purchase shortly after the company acquired 13,627 BTC for $1.25 billion. Strategy, the largest corporate holder of Bitcoin, has aggressively increased its holdings to 687,410 BTC, representing 3.27% of the total Bitcoin supply. Despite these acquisitions, Strategy’s stock has fallen over 52% in the past year, raising investor concerns about its debt-financed Bitcoin strategy. Saylor remains confident in the firm’s ability to handle market volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Brunosaurs4 on
Yeah, that’s probably as common as grocery shopping for him
4 Comments
His purchase price is probably 95k
tldr; Michael Saylor, chairman of Strategy, hinted at another Bitcoin purchase shortly after the company acquired 13,627 BTC for $1.25 billion. Strategy, the largest corporate holder of Bitcoin, has aggressively increased its holdings to 687,410 BTC, representing 3.27% of the total Bitcoin supply. Despite these acquisitions, Strategy’s stock has fallen over 52% in the past year, raising investor concerns about its debt-financed Bitcoin strategy. Saylor remains confident in the firm’s ability to handle market volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yeah, that’s probably as common as grocery shopping for him
does he want to become an etf??? wth