Oh, you again. The world’s largest corporate bitcoin hoarder-Strategy-just dropped $43.4 million on 390 BTC. Because nothing says “financial wisdom” like buying high when your stock’s busy cratering. 🧠
Fun fact: This “strategy” (oh, the irony) now owns 640,808 BTC. Bought for $47.44 billion, which averages out to roughly “don’t ask” per bitcoin. But hey, at today’s $115k price tag, they’re sitting on a paper profit of $26.3 billion. If you squint, that’s basically Monopoly money! 🎲
“Strategy has acquired 390 BTC for ~$43.4 million at ~$111,053 per bitcoin…” – Michael Saylor, probably while sipping a martini and humming Money, Money, Money. 🍸
Meanwhile, the company’s stock? Down from $360 to $290 in October alone. Year-to-date? Also down. 3.6% less rich! 📉 How’s that “masterplan” working out, huh? Maybe try selling some BTC to prop up the stock? Nah, who am I kidding. They’ll just buy more. 🤦♂️
And for the grand finale: CryptoQuant’s Maartunn “analyzed” the “declining trend” in purchases. Spoiler alert-it’s probably because Bitcoin’s price is “volatile.” Who knew? 🙄
In conclusion: Buy high, let the stock tank, repeat. It’s genius. It’s madness. It’s… Larry’s nightmare. 🥴
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2025-10-27 15:57