Oh, the humanity! Strategy, the company that once was MicroStrategy, has decided to throw its entire savings into Bitcoin like itās the last pizza slice at a party. ššø They dropped $450 million on BTC, because who needs a business model when you can just buy Bitcoin? š§
Michael Saylor, the man who probably dreams in blockchain, remains optimistic. āEven if Bitcoin dips 10%? No problem! Itās just a ācorrectionā-like a bad haircut but for your portfolio!ā šø
Strategy Continues Bitcoin Buying Spree
In a stunning display of financial courage, Strategy bought 6,048 Bitcoin for $449.3 million. Because nothing says āIām serious about my investmentsā like buying 6,000+ cryptos. š§¾
Now they own 636,505 BTC, which is roughly 100 times more than your average Joeās savings. Their average cost? A cozy $73,765 per Bitcoin. Thatās more than a luxury car, less than a spaceship. š
Saylor also bragged about a 25.7% YTD yield. Because nothing says āIām a geniusā like a number thatās probably not real. š¤·āāļø
Meanwhile, they sold shares like theyāre going out of style. 199,509 shares of āPerpetual Strikeā preferred stock for $19 million. Because who doesnāt want a stock thatās āperpetuallyā stressful? š
This bold move has inspired other companies to jump on the Bitcoin bandwagon. Because nothing says āinnovationā like copying a guy who thinks crypto is the future. š§
And thanks to Trumpās āfavorable regulations,ā even altcoins like Ethereum and XRP are getting a shot. Because who needs a plan when you can just follow the crowd? š§ø
Metaplanet Becomes Seventh-Largest BTC Holder
Meet Metaplanet, Japanās answer to MicroStrategy. They sold 550 million shares to buy more Bitcoin. Because who needs hotels when you can have digital gold? šØā”ļøāæ
CEO Simon Gerovich liquidated his hotel empire, which was probably doomed anyway. Now heās a Bitcoin billionaire. Or at least, thatās the plan. š©
Metaplanet now holds 20,000 BTC. Thatās enough to buy a small island⦠if the islandās not in a country that hates crypto. šļø
Their stock is up 740% YTD. Meanwhile, Bitcoin is at $111k. Because nothing says āstabilityā like a currency thatās up 2% in 24 hours. š
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2025-09-03 09:06