🚨 Bitcoin 'whales' are going on a buying spree! Strategy just invested $1.34 billion to buy BTC, aiming to become the crypto wealth overlord! 🚨
Strategy (formerly MicroStrategy) has pulled off another big move! 💥 They just invested $1.34 billion, aggressively buying 13,390 bitcoins, bringing the company's total bitcoin holdings to over 568,840! This purchase gives them control of **2.7%** of the bitcoin supply in the market. 📊
The funds came from the company's stock liquidation: $1.31 billion from stock sales, plus $25 million from preferred stock sales, it's basically trading stocks for bitcoin! 🔥
Although Strategy reported a loss of $4.2 billion in the first quarter, its market value is actually double that of its bitcoin assets! 🤯 Analysts predict they will continue to double down, potentially buying an additional $330 billion of bitcoin over the next five years! 🚀
Don't forget, this company already holds 2.7% of the total bitcoin supply, with a clear goal: by 2027, they plan to raise $84 billion through stock and bond sales to keep buying! 💸
If you are still doubting the future of bitcoin, it's time to wake up!