Michael Saylor’s Bitcoin Buffet: Another $22M Splurge as BTC Dips Below $110K!

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In a world where fortunes are measured in cryptographic riddles, Michael Saylor’s Strategy-yes, that’s a company name, not a life motto-has once again dipped its ladle into the Bitcoin stew. The world’s largest public holder of the digital token added 196 BTC last week, a paltry $22.1 million gesture, as the price slumped below $110,000 like a melancholic poet at a crypto party. 🎭

The acquisition, revealed in a modest SEC filing (because nothing says romance like regulatory paperwork), occurred at an average price of $113,048 per coin. BTC began the week strutting above $112,000, only to slink below $110,000 by Thursday. A tragedy in four days. 🕯️

Strategy’s hoard now swells to 640,031 BTC, purchased for roughly $47.35 billion-a mere $73,983 average cost per coin. One might call it a “hodler’s paradise,” if paradise is a spreadsheet with existential dread. 📊

Saylor: The Prophet of Crypto, or Just a Man with a Good Wi-Fi?

This latest $22 million “investment” ranks among Strategy’s more modest weekly splurges, a whisper in the cacophony of its earlier buying sprees. Recent months have seen the company’s appetite wane, like a retiree eyeing a buffet-still hungry, but wary of indigestion. 🍽️

Saylor, ever the optimist, declared last week that Bitcoin would “start to move up smartly” by year-end, despite “macro headwinds” and the existential dread of institutional adoption. Because nothing says “resilience” like a digital asset that needs a pep talk to rally. 💪

“As we work through the resistance of late,” he mused, channeling his inner motivational speaker, “we’ll see Bitcoin rise again.” One wonders if he’s predicting a rally or a resurrection. 🚀

And so, the theater of finance rolls on-where men wager billions on a decentralized ledger, and the only certainty is that the market’s next move will be as predictable as a Chekhovian plot twist. 🎭

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2025-09-29 15:35