Michael Saylor’s Bitcoin Buying Spree: Is He a Genius or Just Lucky?

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Ah, Michael Saylor, the Bitcoin maverick who seems to have a sixth sense for buying digital gold at just the right moment—or perhaps he just has a very good accountant. After a brief hiatus that lasted about as long as a sneeze, Saylor has announced that his company, which used to be called MicroStrategy but now prefers to be known as Strategy (because who doesn’t love a good rebranding?), is back in the Bitcoin buying game. This time, they’ve snagged an additional 7,633 BTC for a cool $725 million, which, if my math is correct, means they paid an average of $97,255 per Bitcoin. That’s a price that could make even the most seasoned investor break out in a cold sweat! 😅

Now, if you’re wondering how this investment is faring, Saylor claims that the company has generated a BTC yield of 4.1% year-to-date for 2025. Not too shabby for the first 40 days of the year, especially considering Bitcoin’s price has been more volatile than a cat on a hot tin roof. 🐱🔥

As of February 9, 2025, Strategy’s total Bitcoin holdings have ballooned to a staggering 478,740 BTC, acquired at a total cost of approximately $31.1 billion. That’s an average purchase price of about $65,033 per Bitcoin, according to the SEC filing. I mean, who needs a diversified portfolio when you can just go all-in on Bitcoin, right?

Since the dawn of 2025, Saylor’s Strategy has been on a Bitcoin-buying spree every week—except for that one week, which I can only assume was spent contemplating the meaning of life or perhaps just binge-watching a series on Netflix. This unwavering commitment to Bitcoin acquisition is a testament to their long-term strategy, or perhaps just a sign that they’ve run out of other hobbies.

Strategy’s MSTR Stock Price Jumps, $400 Ahead?

In a delightful twist of fate, Strategy’s MSTR stock decided to join the party, making a 2% leap in the pre-market hours on Monday, landing at $335. It seems that both Bitcoin and MSTR stock have been on a rollercoaster ride lately, and for a sustained rally, MSTR needs to break past its current downtrend. If it does, we might just see targets of $385, $445, and $543. Fingers crossed! 🤞

$MSTR NEEDS DOWNTREND BREAK

— Tiger Line Trading (@TigerLineTrades) February 10, 2025

Despite the recent stock consolidation, it appears that big market players are still loading up their MSTR bags like it’s Black Friday. Just last week, the world’s largest asset manager, BlackRock, decided to increase its stake in Strategy to over 5%. This suggests that the big boys are still feeling bullish about Saylor’s Bitcoin acquisition strategy. Or maybe they just enjoy watching the chaos unfold from the sidelines.

Metaplanet Announces 4 Billion Yen BTC Acquisition Plan

In a move that could only be described as “bold,” Metaplanet has issued its sixth unsecured and unguaranteed corporate bond, valued at 4 billion yen, and offered at a staggering 0% interest. According to Metaplanet CEO Simon Gerovich, the funds will be used to bolster the company’s Bitcoin Treasury strategy. Because, you know, why not throw more money into the Bitcoin abyss?

This immediate availability of capital means Metaplanet can purchase Bitcoin without the usual delays associated with stock acquisition rights. “We will continue to utilize the capital markets to strengthen our treasury and increase shareholder value,” Gerovich stated, likely while crossing his fingers behind his back.

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2025-02-10 17:58