tldr; MicroStrategy announced a $5.4 billion Bitcoin purchase, increasing its total holdings to 386,700 BTC, valued at $37.6 billion. This marks the company’s largest Bitcoin acquisition in terms of both BTC and dollar value. The purchase was made using proceeds from convertible note offerings and share sales, with an average price of $97,862 per Bitcoin. This acquisition is the largest since MicroStrategy began buying Bitcoin in August 2020 under Executive Chairman Michael Saylor’s leadership.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
sadiq_238 on
The largest-ever purchase at the top, even whales make bad decisions and are scared to buy them cheap
ShoshiOpti on
News: MSTR buys 5 crapton,
Response: 3% dip.
Lol can’t make this up.
[deleted] on
[removed]
DeFi_Ry on
If we fail to break $100k and we lose 50% in a potential 2025 recession…..he’s underwater
8 Comments
Michael Saylor is going for records now
tldr; MicroStrategy announced a $5.4 billion Bitcoin purchase, increasing its total holdings to 386,700 BTC, valued at $37.6 billion. This marks the company’s largest Bitcoin acquisition in terms of both BTC and dollar value. The purchase was made using proceeds from convertible note offerings and share sales, with an average price of $97,862 per Bitcoin. This acquisition is the largest since MicroStrategy began buying Bitcoin in August 2020 under Executive Chairman Michael Saylor’s leadership.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The largest-ever purchase at the top, even whales make bad decisions and are scared to buy them cheap
News: MSTR buys 5 crapton,
Response: 3% dip.
Lol can’t make this up.
[removed]
If we fail to break $100k and we lose 50% in a potential 2025 recession…..he’s underwater
What an idiot, this man is not good for BTC
This man is indefatigable
He’LL fUcKiN dO iT aGaiN .meme