Strategy just bought another 4,048 bitcoins for a casual $449.3 million – because hey, who needs a beach house when you can own 636,505 shiny internet coins worth a lukewarm $70 billion?
Bitcoin treasury whizzes, formerly known as MicroStrategy (because “Strategy” sounds cooler, right?), dropped a bomb on the U.S. Securities and Exchange Commission’s inbox. According to their fancy filing, they snagged 4,048 bitcoins between Aug. 26 and Sept. 1 – at a bargain basement average price of $110,981 each. They financed this little shopping spree by printing money in the form of Class A common stock and perpetual preferred shares. Basically, “Hey shareholders, we got this… maybe.”
Now, Strategy owns a breathtaking 636,505 bitcoins, bought for a mere $47 billion at an average cost of $73,765 per coin. That’s like collecting Beanie Babies but with way more zeros. Their mastermind co-founder and executive chairman, Michael Saylor, couldn’t resist showing off on X – because if you don’t tweet your digital fortune, did it even happen? See the brag here.
Read More
- EUR USD PREDICTION
- Epic Games Store Free Games for November 6 Are Great for the Busy Holiday Season
- How to Unlock & Upgrade Hobbies in Heartopia
- Battlefield 6 Open Beta Anti-Cheat Has Weird Issue on PC
- Sony Shuts Down PlayStation Stars Loyalty Program
- The Mandalorian & Grogu Hits A Worrying Star Wars Snag Ahead Of Its Release
- ARC Raiders Player Loses 100k Worth of Items in the Worst Possible Way
- Unveiling the Eye Patch Pirate: Oda’s Big Reveal in One Piece’s Elbaf Arc!
- TRX PREDICTION. TRX cryptocurrency
- Prime Gaming Free Games for August 2025 Revealed
2025-09-02 15:57