Why Selling Your Kidney for Bitcoin Might Just Be the Next Big Thing!

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In a twist of cosmic irony that could only be rivaled by the Hitchhiker’s Guide to the Galaxy, Strategy CEO Michael Saylor has ignited a veritable firestorm of bemusement on X. This all began after he made a rather cheeky remark about selling kidneys, presumably to fund one’s Bitcoin addiction, following the cryptocurrency’s dramatic plummet below the $80,000 threshold. 🚀💰

“Sell a kidney if you must, but keep the Bitcoin,” he quipped, as if the universe itself were a giant cosmic joke. Some users, in a fit of disbelief, initially mistook this for a parody account, only to have their hopes dashed by the harsh reality that this was indeed a genuine post. 😱

“Saylors out here trying to have people sell their kidneys so that his investors don’t take both of his and feed him to the fishes,” one astute observer noted, clearly channeling their inner philosopher. 🐟

Let’s not forget the glorious year of 2021, when our dear Saylor encouraged the masses to mortgage their homes to buy more Bitcoin, back when it was a mere $57,000. Ah, the good old days! The viral comment back then was met with a wave of backlash, as the cryptocurrency took a nosedive in 2022. Yet, Saylor, ever the optimist, defended his advice as not being bad financial counsel. Because who needs a house when you have Bitcoin, right? 🏠❌

Will Strategy be forced seller?

In a plot twist worthy of a Douglas Adams novel, Strategy has been on a massive Bitcoin accumulation spree, with its holdings inching ever closer to the 500,000 BTC mark. The company’s average price currently hovers around $66,350. If this downtrend continues at its current breakneck speed, MSTR stock could soon find itself swimming with the fishes. 🐠

However, the ever-astute Vetle Lunde of K33 Research has chimed in, reassuring us that Strategy is still “years away” from becoming a forced seller, even if Bitcoin decides to take a nosedive: “Keep seeing MSTR’s average entry price pop up more frequently on my timeline. It’s irrelevant. We’re still years away from any scenario where MSTR would be a forced seller, and their average entry price is just noisy engagement material.” Because who doesn’t love a bit of noise in their financial life? 📈🔊

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2025-02-28 13:23