Hold onto your wallets, folks! Strategy (formerly MicroStrategy – the artist formerly known as “Eh, just another company”) has whipped out the corporate credit card AGAIN and bought a whopping 7,633 Bitcoins (BTC) last week. That’s like ordering pizza, but instead of delivery, they got a $742 million bill and a whole bunch of digital coins! 🪙💸
And get this – their average purchasing price was $97,255 per Bitcoin. Yep, they’re really taking “Go big or go home” to heart. Somewhere, a Bitcoin enthusiast is slow-clapping.
But wait, there’s more drama than a telenovela! Earlier this month, these folks paused their 12-week Bitcoin buying spree RIGHT before their earnings report. What were they waiting for? A sign from the crypto gods? A clearance sale? We may never know. 🙄
Oh, and did we mention the rebranding circus? Strategy ditched their old name, slapped a shiny new logo featuring a big, bold “B,” and basically shouted, “We LOVE Bitcoin, okay?!” Subtlety clearly isn’t their thing. 🎭
So, where does this leave them? The company now boasts a staggering hoard of 478,740 BTC. Folks, that’s more Bitcoins than most of us will ever see in our lifetimes – even if we squint really hard. Here’s hoping their digital treasure trove doesn’t accidentally get “deleted” like a bad TikTok trend. 😂
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2025-02-10 16:24