MSTR’s Bitcoin Hoard Hits 720k BTC: The Saylor Saga Continues (Spoiler: It’s Still Not a Ponzi Scheme)
In a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), the company said it acquired the bitcoin between February 23 and March 1, 2026, spending approximately $204.1 million at an average price of $67,700 per BTC, inclusive of fees and expenses. Because why not throw in some fees for good measure?



![The average age of entanglement decreases as the elementary link generation probability increases, exhibiting this relationship under conditions of mostly visible links-defined by visibility transition matrices of [latex]0.3\ 0.7; 0.3\ 0.7[/latex]-and a switching probability of 0.8.](https://arxiv.org/html/2602.23985v1/2602.23985v1/x1.png)