Hold onto your hats, folks! Strategy, that savvy business brain trust, just went full-on Scrooge McDuck and tossed an extra $1.4 billion at Bitcoin. Yes, billion. With a âBâ big enough to scare your accountant. This might be one of their biggest BTC love notes yet. đ°đĽ
Now, these number wizards are paying an average price of about $68,459 per Bitcoinâwhich sounds like the price of a spaceship, but nope, just digital gold. đ
Drumroll, please⌠Strategy is now lounging on a mountain of 553,555 BTC. Thatâs like owning 2.64% of every single Bitcoin coin out there, a share so big it probably has its own zip code! đ đ
And surprise, surprise, the market barely twitched. Michael Saylorâthe guy who basically moonlights as Bitcoinâs biggest hype-manâhinted this purchase on social media Sunday, but instead of fireworks, the price just yawned. Bitcoinâs playing it cool again. đ´đĽ
Right now, Bitcoinâs strutting around the price catwalk above $95,000, hitting a peak of $95,490 earlier. Thatâs almost enough to buy a private island… almost. đď¸đ¸
And hereâs some Bloomberg drama for you: Eric Balchunas claims these endless Bitcoin splurges are why Bitcoinâs price hasnât freaked out. Stabilizer, not agitator. Who knew? đ¤ˇââď¸
Meanwhile, Blockstreamâs CEO Adam Back is throwing side eye at all the other companies: âWhy arenât you all playing Strategyâs game? Itâs staggering!â (No, Adam, thatâs just your coffee spilling.) âđ
Strategyâs stock is up 1.4% pre-market after a 5% Friday fiesta and a 23% year-to-date flex. What, is everyone just throwing money around today? đđš
And What Now, You Ask?
Vetle Lunde from K33 Research spills the beans: only $122 million left in Strategyâs giant $21 billion ATM offering. This cash party that was supposed to last til 2027 wrapped up faster than a Netflix bingeâjust six months. đ âł
Will Strategy drop a âgiga ATM announcementâ soon like a blockbuster sequel? Weâre all popcorn-ready to watch. đżđŹ
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2025-04-28 15:35