Ah, Bitcoin! That most fashionable of financial follies. MicroStrategy, ever the eccentric, has added 487 BTC to its collection, now clutching 641,692 coins worth $47.5 billion. One might call it a disciplined accumulation… or a flamboyant gamble. 🚀
The audacity! To spend $49.9 million on crypto when the market dances like a drunken waltz. A bold move, perhaps, but does it scream sustainability or merely a desperate bid for relevance? 🤷
487 BTC: A Love Letter to Volatility
Once known as MicroStrategy, now reborn as Strategy, the company has ascended to the throne of corporate Bitcoin kings. Or perhaps jokers. The line blurs when one spends $102,557 per coin. 🤡
The latest acquisition? A mere $49.9 million for 487 BTC. Total holdings now sit at 641,692 BTC, a number so large it makes one question the sanity of modern finance. 🤯
Strategy has acquired 487 BTC for ~$49.9 million at ~$102,557 per bitcoin and achieved a BTC Yield of 26.1% YTD 2025. As of 11/9/2025, we hodl 641,692 $BTC acquired for ~$47.54 billion at ~$74,079 per bitcoin. $MSTR $STRC $STRD $STRE $STRF $STRK
– Michael Saylor (@saylor) November 10, 2025
The average purchase price? A modest $74,079 per Bitcoin. A 26.1% yield, they claim. One wonders if this is a triumph of logic or the madness of crowds. 🤡
Discipline? Perhaps. But what of the market’s latest tantrum, where Bitcoin slumped below $100,000? A buying opportunity, of course! Because nothing says “prudence” like chasing a falling knife. 🥴
Saylor’s $150K Prediction: A Wilde Bet
Bitcoin’s recent dip has left investors clutching their pearls. Yet Mr. Saylor, ever the optimist, declared a $150,000 year-end target. A vision as grand as it is… optimistic. 🌟
Meanwhile, Strategy raised $770 million via preferred stock, a financial acrobatics act to fund more Bitcoin and “general corporate operations.” One imagines the latter includes existential therapy. 🧠
Yet, as MSTR shares plummeted 27% in a month, critics sneer: is this a strategy or a high-stakes gamble? Supporters, meanwhile, cheer like Victorian clowns at a financial circus. 🎪
The verdict? Whether Strategy’s Bitcoin obsession pays off depends on if Bitcoin can recover its sparkle-or if this is just another chapter in the tale of the emperor’s new crypto. 🕊️
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2025-11-10 20:52