In a turn of events that could make even the most seasoned stockbroker spill his Earl Grey, the business intelligence firm known as Strategy has decided to throw caution to the wind and splash out an additional $427.1 million on Bitcoin. Yes, you heard that right—$427.1 million! One can only assume they’ve been reading too many of those “Get Rich Quick” pamphlets. 📈
Now, hold onto your bowler hats, dear readers, for this brings their total Bitcoin expenditure to a staggering $40.6 billion. That’s right, billion with a capital B! One might wonder if they’ve mistaken their investment portfolio for a game of Monopoly. 🤑
In a rather cheeky twist, the average purchasing price has now sauntered above the $106,000 mark. Meanwhile, Bitcoin is currently doing a little dance just below $110,000. It’s as if the cryptocurrency is playing hard to get, and Strategy is the lovesick suitor. 💔
To add a sprinkle of drama to this financial farce, the company’s average purchasing price has now approached the $70,000 level for the very first time. It’s like watching a soap opera unfold, but with more zeros and fewer dramatic pauses.
However, not all is rosy in the land of Bitcoin. The company’s shares have taken a bit of a tumble, down 1% in pre-market trading after a rather spectacular dive of 7.5% on Friday. One can only hope they have a sturdy life raft handy! 🚢
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2025-05-26 15:48