Strategy steps up Bitcoin buys with 8,178 BTC purchase

Strategy steps up Bitcoin buys with 8,178 BTC purchase

After weeks of reporting Bitcoin purchases hovering around 400 to 500 BTC, Michael Saylor’s company announced a massive crypto investment on Monday. The company behind the largest Bitcoin treasury announced it had returned to buying large amounts of the cryptocurrency following a $835 million purchase. In a Monday filing with the US Securities and Exchange Commission, Michael Saylor’s Strategy reported acquiring 8,178 Bitcoin for about $835 mill…

MicroStrategy In Trouble? Economist Reveals What Happens If Bitcoin Falls 90%

Strategy (formerly MicroStrategy) has been in the headlines recently following the Bitcoin price crash into the $84,000 territory. The market crash had put it dangerously close to the company’s average buy price of $74,443, with only a 30% crash separating the company’s massive 649,870 BTC holding from being in the red. This has led the company to publicly defend its position and strategy amid call-outs from the likes of economist Peter Schiff. …

Michael Saylor Leads Strategy’s Significant Bitcoin Acquisitions

Michael Saylor spearheads Strategy's Bitcoin buys despite market downturn, focusing on robust financial strategies.