MicroStrategy’s Bitcoin Bonanza: You Won’t Believe How Much They Bought! 😲💰

So, here we are again. Strategy, this U.S.-based business intelligence company, decides to buy a whopping 20,356 BTC. I mean, who needs that many bitcoins? What are they planning, a Bitcoin theme park? 🎢

And get this, they spent $1.99 billion on it! At an average price of $97,514 per BTC. You know, just a casual Tuesday for them. In 2025, their Bitcoin holdings have grown by a staggering 6.9%. Wow, 6.9%! That’s like finding a penny on the street and thinking you’re rich! 💸

As of February 23, 2025, they now hold 499,096 BTC. That’s right, nearly half a million! Acquired for $33.1 billion at an average price of $66,357 per BTC. I mean, who needs that much Bitcoin? Are they hoarding it for a rainy day? ☔

Oh, and let’s not forget, on February 18, they announced plans to raise $2 billion through 0% senior convertible notes. Because why not? Just keep throwing money at it until it sticks! 🤷‍♂️

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2025-02-24 17:09