It has come to my attention, dear readers, that Mr. Michael Saylor, erstwhile chief executive officer at the, shall we say, intriguing business intelligence firm MicroStrategy, has seen fit to hint at yet another Bitcoin acquisition this Monday. One might wonder if he has any other interests. π€
The gentleman, a billionaire of some repute (though perhaps more Bitcoin than repute), took to that modern marvel, the X social media network, to declare, with characteristic brevity, that there are “no tariffs on orange dots.” One can only assume he believes himself to be terribly clever. π
No Tariffs on Orange Dots
β Michael Saylor (@saylor) April 13, 2025
The orange dots, you see, are meant to represent MicroStrategy’s incessant Bitcoin purchases. A subtle metaphor, indeed! π
As has been previously chronicled by U.Today, MicroStrategy announced a most substantial $2 billion BTC acquisition on the last day of March, bringing their total hoard to nearly 530,000 coins. One shudders to think of the accounting. π
However, lest we be too impressed, it appears the company did *not* buy more coins between the aforementioned date and the sixth of April. A moment of restraint, perhaps, or merely a temporary shortage of funds? π§
It is, perhaps, worth noting that MicroStrategy’s Bitcoin obsession typically has little to no discernible impact on the actual price of Bitcoin. One might call it a costly hobby. π€·ββοΈ
The aforementioned cryptocurrency is currently trading at a mere $84,762 on the Bitcoin stock exchange. Such volatility! π¨
And finally, MicroStrategy’s stock is down a trifling 0.69% in after-hours trading. One trusts Mr. Saylor is not too distressed. π
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2025-04-13 21:16