$BTC Lost 4.2 billion.. Bought Bitcoin for 21 billion
Companies BlackRock and MicroStrategy are changing the rules of wealth from scratch
BlackRock, the global investment giant, injected $351.4 million into Bitcoin on May 1? They purchased 3,730 BTC through their ETF, confirming unprecedented confidence in the future of the leading digital currency
And the surprises didn't stop there.
The Strategy company, a leader in Bitcoin adoption, announced a stock offering worth $21 billion to buy more Bitcoin, according to its billionaire founder #Michael_Saylor. Despite a loss of $4.2 billion in the first quarter due to market volatility, their strategy is clear: "Buy the dip, ride the wave up"
- The Strategy portfolio now holds 553,555 BTC valued at over $52 billion today.
- The company raised its 2025 return expectations to 25%, and its stock has surged over 3000% since adopting Bitcoin
- Even with a 3.6% decline in software revenue, its subscription services grew 61.6%, with Bitcoin being the main driver
#Important_Information:
Major players like BlackRock and Strategy are not playing a short-term game; they are preparing for a massive bullish wave that could push Bitcoin to astronomical levels.
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