Here we go again.
On June 8, Michael Saylor—Strategy’s top dog and Bitcoin’s hype maestro—drops:
“Send more Orange” 🍊 on X.
No chart, no data dump. Just a three-word tease. But if you’ve been following the beat, you know: these tweets often mean the BTC-buying machine is revving up.
Week #9 of BTC Buys… or Just Theater? 🧐
Pattern holds, and we might be staring at a ninth straight week of Bitcoin accumulation for Strategy.
Cool, right? Or is it becoming a bit… predictable?
It starts to feel less like strategy and more like performance art with investor capital.
Last Week’s Move: 705 BTC at ~$106k/ea 💰
Between May 26 and June 1, Strategy acquired:
• 705 BTC
• Spending roughly $75 million
• Avg. cost: about $106,495 per coin
Now holding 580,955 BTC, worth roughly $61.4 billion at today’s ~$105,700 price.
They’re up around 50%, netting ~$20.6B in unrealized gains. Nice haul—but here’s the catch: their balance sheet now rides on one very spiky asset.
$1B Capital Raise—And It’s All About BTC?
Right before the tweet, Strategy announced a boost:
Raising $1 billion, not the earlier $250 million.
Use of proceeds?
1. “General corporate purposes.”
2. And yes, more Bitcoin.
Coincidence? Maybe. But it sure feels like a well-timed poker bluff… or a calculated push.
Is This a Long Game—or High-Wire Act?
Supporters say it’s bold vision for digital gold.
Critics? They warn: too much Bitcoin exposure if things go sideways.
Make no mistake—Strategy is less of a tech firm now and more like a publicly traded BTC vault with a CEO who loves the spotlight.
Your Move, Crypto Fam:
• Think another BTC drop is coming? Reply with 🍊
• Starting to question if it’s style over substance? Hit us with a 🧐
In the world of Saylor Cinematic Universe™, this feels like Act 3. But is it blockbuster—or flop?
#MichaelSaylor #MicroStrategy #MarketPullback