Ah, Strategy, once known as MicroStrategy—a name as cumbersome as their Bitcoin holdings are vast. It seems Mr. Michael Saylor, a man clearly enamored with the digital gold rush, has added yet another 7,390 Bitcoin to his ever-growing hoard. One wonders if he dreams in hexadecimal these days. 😴
Now, the company boasts a staggering 576,230 BTC! A collection acquired for the princely sum of approximately $40.8 billion. One might suggest that Mr. Saylor is attempting to corner the market, but I suspect it’s simply a case of gilded cage economics—more Bitcoin than sense, perhaps? 🤔
“Strategy has acquired 7,390 BTC for ~$764.9 billion at ~$103,498 per bitcoin and has achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hodl 576,230 $BTC acquired for ~$40.18 billion at ~$69,726 per bitcoin. $MSTR $STRK $STRF” — Michael Saylor (@saylor) May 19, 2025
Alas, even the most glittering of fortunes cannot escape the shadow of litigation. Strategy’s stock, with the ticker symbol ‘MSTR,’ has plummeted like a lead balloon at a champagne party. A class action lawsuit, filed by disgruntled investors, alleges misleading statements and a failure to fully disclose the risks inherent in this digital dalliance. How dreadful! 🎭
The lawsuit, a veritable tempest in a teapot, names Mr. Saylor, Phong Le, and Andrew Kang as defendants. One can only imagine the late-night strategy sessions, fueled by strong coffee and stronger resolve, to defend against these accusations. Will they emerge victorious, or will their Bitcoin bubble burst? Only time, and the courts, will tell. ⚖️
Strategy, ever the optimist, plans to “vigorously defend” against these claims, though they concede they cannot predict the outcome. A sentiment as comforting as a cold cup of tea on a rainy day. ☕
And how did they fund this latest acquisition, you ask? By selling shares, of course! A strategy as daring as it is dubious. They aim to reach $42 billion in Bitcoin holdings by 2027. A noble ambition, or a fool’s errand? Place your bets, ladies and gentlemen! 💰
Read More
- Silver Rate Forecast
- ZK PREDICTION. ZK cryptocurrency
- SPEC PREDICTION. SPEC cryptocurrency
- DOT PREDICTION. DOT cryptocurrency
- USD CHF PREDICTION
- Will XRP Break $3 or Just Break Our Hearts? 🤡
- ETH CAD PREDICTION. ETH cryptocurrency
- Ethereum’s Sudden Surge: A 10% Spike in Active Addresses! Is $1,850 Next?
- Bitcoin’s Wild Ride: Is a Market Squeeze on the Horizon?
- Brent Oil Forecast
2025-05-19 18:28