- Like a cautious commander pausing in mid-battle, MicroStrategy has ceased its Bitcoin acquisitions as the price dipped below $80,000, yet still clutches 528,185 BTC as if it were the last feast in a besieged fortress.
- Michael Saylor, with the brashness of a zealous prophet, calls upon the U.S. government to secure 5%-20% of Bitcoin’s total supply (yes, Uncle Sam might soon hoard digital gold, folks!).
Dear readers, behold the saga of Michael Saylor’s mighty enterprise, Strategy (formerly MicroStrategy). Once again, they find themselves in the midst of the Bitcoin tempest—but instead of diving in headfirst, they have chosen to sit on the shore, sipping tea while the crypto waves crash upon the rocks. ☕
A Divine Pause? Or Merely an Interlude?
The grand titan of public Bitcoin holdings decided not to seize the moment between March 31 and April 6, even as the price of BTC dipped below $80,000, then soared to $87,000 midweek, only to slump again. Some might call this prudence; others might consider it an odd tea-time break during a most dramatic war scene. 🤔
The firm’s silence followed a hearty purchase of 22,000 BTC just days earlier—either a strategic masterstroke or the digital equivalent of buying extra carrots before winter ends. Whichever it is, investors are left with furrowed brows and an unshakable sense of anticipation. 😏
Abandoning their usual bi-weekly buying escapade, MicroStrategy’s freshly chosen restraint kindles intrigue. Naturally, onlookers wonder if the firm is hoarding its resources like a landlocked army planning its next campaign.
Amassing the Digital Horde
As of April 7, our valiant protagonist holds a formidable 528,185 BTC—worth a mighty $35.6 billion, with an average unit cost of $67,458. Imagine a small kingdom’s treasury, possibly slightly tarnished, but impressive nonetheless. 💰
In a formal declaration, the company noted:
“Our unrealized loss on digital assets for the quarter ended March 31, 2025, was $5.91 billion, which we expect will result in a net loss for the quarter ended March 31, 2025, partially offset by a related income tax benefit of $1.69 billion.”
The Turbulent Tides of MSTR
Meanwhile, like a horse stumbling in the thick mud of a spring thaw, MicroStrategy’s stock price slid dramatically over 13% toward $256 before making a valiant recovery to $268.14. Should we blame the fleeting crypto optimism for the dip? Or the general anxieties of our earthly realm? 🏹
With Bitcoin bouncing above $79,000 again, some might anticipate MSTR to follow suit—yet it stubbornly refuses, proving that the equities market can be more fickle than a child refusing dinner. Broader global concerns—Trump’s revived tariff campaign, for instance—have played no small part, jolting the S&P 500 and Nasdaq toward bear-market territory, dragging MSTR’s performance ever downward.
Our Hero’s Unwavering Faith
Though MicroStrategy briefly laid down its sword in the Bitcoin quest, Michael Saylor remains resolute. At the White House’s crypto summit, he declared with near-imperial zeal that the government should amass between 5% and 20% of the total Bitcoin supply—an idea that might make some politicians choke on their coffee. ☕
He envisions a grand 10-year campaign for American dominance in the digital asset epoch, forging ahead with the unwavering determination of a Tolstoy novel’s most steadfast hero, while Strategy itself takes a moment to regroup on the sidelines—perhaps polishing its boots before the next march forward.
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2025-04-09 05:15