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    1. CriticalCobraz on

      **Summary:**

      Strategy, the world’s largest Bitcoin treasury company, acquired 8,178 Bitcoin for approximately $835 million at an average price of $102,171 per coin, marking its largest Bitcoin purchase since July. This acquisition was confirmed through a new SEC filing and was made during recent market fluctuations when Bitcoin dipped below $95,000 before rebounding. The company now holds 649,870 Bitcoin, valued at over $61 billion at current prices. Founder Michael Saylor highlighted Bitcoin’s strong performance relative to traditional assets like gold and the S&P 500, noting that Strategy holds over 3% of all Bitcoin with significant returns and controlled leverage.

    2. Ok I will say it. Are they fucking stupid? They aren’t going to be able to hold on to so many coins for long enough, sooner or later they’ll start selling at a loss and lose everything.

    3. DryMyBottom on

      can’t believe people really thought he would have sold at $95k just a few days ago

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