In a stunning display of financial audacity, Michael Saylor’s Strategy, the self-proclaimed king of Bitcoin, kept piling on the digital gold last week as the price hit a dizzying $122,000. Who needs sleep when you can just keep buying more? 🤯
According to the SEC, Strategy scooped up 6,220 BTC for a cool $739.8 million. Because nothing says “I’m serious about my investments” like throwing money at a volatile asset. 💸
The average price per coin was a staggering $118,940. The week started with BTC hitting $122,000, then took a dive to $116,000, and finally settled at $118,000. It’s like a rollercoaster, but with fewer loops and more anxiety. 🎢
This latest move has bumped Strategy’s Bitcoin stash to 607,770 coins, worth roughly $43.6 billion. At an average price of $71,756 each, they’re clearly not afraid of a little risk. 🤠
Strategy exec sells another 10,900 MSTR
Meanwhile, in a twist that would make even the most jaded investor raise an eyebrow, a senior exec sold 10,900 MSTR shares for $4.9 million. It’s not just about the money; it’s about the drama. 🎭
Wei-Ming Shao, the man who clearly knows how to balance a portfolio, sold 10,900 shares for $4.9 million. The previous week’s sale was $25.7 million, so it’s like a mini-rolling sale. 🚀
The latest sale extended the $25.7 million MSTR sale by the same executive in the previous week. Because nothing says “I’m diversified” like selling shares while buying Bitcoin. 🧠
This story is still unfolding, and we’ll keep you posted as the drama continues. Because nothing says “investor confidence” like a never-ending saga. 🧵
Read More
- Gold Rate Forecast
- SWIFT’s Blockchain Gambit: 30+ Banks Chase 24/7 Cash Flow Dreams 🤑🚀
- The Descent and Ascent of Financial Fates
- UAE’s Royal Bitcoin Hoard: 6,333 BTC & Counting! 💰⚡
- Plug Power: A Value Investor’s Diary of Hydrogen Hopes and Hubris
- Costco Is One of the Largest Consumer Goods Companies by Market Cap. But Is It a Buy?
- Firefly’s Fall: From Lunar Dreams to Market Doldrums
- The Reshoring Chronicles: Tariffs, Warehouses, and Digital Melancholy
- ConocoPhillips: Oil’s Mel Brooks of Investment Opportunities?
- 🚨 BrownDust2 Fan Creation Contest Ends Soon! 🚨
2025-07-21 15:29