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Strategy Makes Another Big Bitcoin Buy, Total Stash Surges to 538,200 BTC

Michael Saylor, the co-founder and current Executive Chairman of the world’s largest corporate BTC holder, announced the latest acquisition earlier today. The firm spent $555.8 million to accumulate another 6,556…

Continue ReadingStrategy Makes Another Big Bitcoin Buy, Total Stash Surges to 538,200 BTC

Strategy’s Bitcoin Holdings at Risk, May Sell BTC to Meet Obligations

In a recent regulatory filing, business intelligence firm Strategy disclosed the potential risk of selling its massive Bitcoin holdings to meet debt obligations. The company, which has been known for…

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Michael Saylor Explains Why Bitcoin Acts Like a Risk Asset—But Only for Now

Michael Saylor told Dave Portnoy that bitcoin only mimics stocks short term because traders dump the most liquid assets first—masking its true long-term independence. Michael Saylor Explains Bitcoin’s Short-Term Risk…

Continue ReadingMichael Saylor Explains Why Bitcoin Acts Like a Risk Asset—But Only for Now

Strategy Resumes Multi-Billion Dollar Bitcoin Purchases by Acquiring Over 22K BTC

The NASDAQ-listed largest corporate holder of bitcoin seems unfazed by the asset’s lackluster price performance lately, as it continues to scoop up more. In its latest announcement, company co-founder Michael…

Continue ReadingStrategy Resumes Multi-Billion Dollar Bitcoin Purchases by Acquiring Over 22K BTC

Bitcoin Tsunami: Strategy Loads 22,048 More Coins, Holdings Explode to 528,185 BTC

Strategy just spent $1.92B to buy 22,048 more bitcoin, pushing its total stash past 528K BTC—worth over $35.6B and counting. 22,048 Bitcoin in One Shot—Strategy’s Crypto War Chest Surges Past…

Continue ReadingBitcoin Tsunami: Strategy Loads 22,048 More Coins, Holdings Explode to 528,185 BTC