Hopefully SaylorMoon at 69B does not mean ATH for the crypto markets..
coinfeeds-bot on
tldr; Michael Saylor’s Strategy has amassed over $73 billion in Bitcoin holdings, representing 2.8% of all tokens ever minted. The company recently purchased 4,225 Bitcoin for $472 million, funded by preferred share offerings. Strategy, the largest corporate Bitcoin owner, has seen its shares soar 3,300% since 2020, with Bitcoin prices up over 1,000% in the same period. The firm is expected to report a multi-billion dollar profit next quarter due to Bitcoin’s price rebound and accounting changes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
clayton191987 on
When he sells, ooof 😅
MichaelAischmann on
Are you selling to him today or will you be buying from him in 2050?
jclaslie on
Is this the craziest gamble in history?
nick20191 on
None of them will sell, there is definitely a secret pact among the btc treasuries to keep buying and then using it as collateral to buy more and pay for the rich life
LaRoosterTime on
Legend
Nice_Collection5400 on
Man. I remember when he started this with $500m in cash in his treasury. He was just looking for a way to keep it from melting from inflation of the dollar.
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Hopefully SaylorMoon at 69B does not mean ATH for the crypto markets..
tldr; Michael Saylor’s Strategy has amassed over $73 billion in Bitcoin holdings, representing 2.8% of all tokens ever minted. The company recently purchased 4,225 Bitcoin for $472 million, funded by preferred share offerings. Strategy, the largest corporate Bitcoin owner, has seen its shares soar 3,300% since 2020, with Bitcoin prices up over 1,000% in the same period. The firm is expected to report a multi-billion dollar profit next quarter due to Bitcoin’s price rebound and accounting changes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
When he sells, ooof 😅
Are you selling to him today or will you be buying from him in 2050?
Is this the craziest gamble in history?
None of them will sell, there is definitely a secret pact among the btc treasuries to keep buying and then using it as collateral to buy more and pay for the rich life
Legend
Man. I remember when he started this with $500m in cash in his treasury. He was just looking for a way to keep it from melting from inflation of the dollar.