Michael Saylor’s Bitcoin Bonanza: Is He the New Crypto King? 👑💰

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So, here we are in 2025, and guess who’s back in the Bitcoin game? That’s right, Strategy (formerly known as MicroStrategy, because who doesn’t love a rebrand?). They’ve scooped up over 50,000 Bitcoin like they’re collecting Pokémon cards—because apparently, that’s what dotcom-era software developers do now! 🎉

Last week, they went on a little shopping spree and bought 20,356 Bitcoin for a cool $1.99 billion. I mean, who needs a yacht when you can have a digital currency that fluctuates more than my mood on a Monday morning? 😅

Our favorite BTC cheerleader, Michael Saylor, proudly announced that they snagged this batch at an average price of $97,514. But hold your horses! By the time you read this, Bitcoin is trading at $94,305. Oops! Looks like someone forgot to check the market before hitting “buy.” 📉

But wait, there’s more! Strategy is using its at-the-market equity program to fund this crypto craze. Last week, Saylor waved his magic wand and conjured up $2 billion in convertible notes to buy even more Bitcoin. And guess what? Investors were all in, like they were at a Black Friday sale! 🛒

Now, with a staggering 499,096 Bitcoin in their digital wallet, Strategy is officially the largest corporate BTC holder. That’s over 2% of all Bitcoin that will ever exist! Talk about a power move! 💪

Strategy has completed a $2 billion offering of convertible notes at 0% coupon and 35% premium, with an implied strike price of ~$433.43. $MSTR

— Michael Saylor⚡️ (@saylor) February 24, 2025

US should dominate Bitcoin supply, says Strategy’s boss

Once a crypto skeptic, Saylor has transformed into Bitcoin’s biggest hype man. He’s not just inspiring companies to swap ATMs for BTC; he’s also eyeing nation-state adoption. Because why not? Let’s just have the U.S. take over the Bitcoin network like it’s a game of Monopoly! 🎲

At CPAC in D.C., Saylor declared that the U.S. should grab 20% of the Bitcoin network. He’s convinced that only one country should hold this power, and spoiler alert: it’s the United States. 🇺🇸

Meanwhile, lawmakers are busy debating more conservative proposals. Wyoming Senator Cynthia Lummis is like, “How about we let the Federal Reserve hold some BTC and maybe buy 5% of the supply over the next few years?” Because nothing says “let’s get with the times” like a slow and steady approach! 🐢

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2025-02-24 18:51