#SaylorBTCPurchase đ MicroStrategy Adds 11,931 BTC ($786M) to Its War Chest! đ
Michael Saylor just doubled downâhard. MicroStrategyâs latest $786M Bitcoin purchase (11,931 BTC at ~$65,800) brings their total stash to 226,331 BTC ($15.4B). Hereâs why this matters:
đĽÂ 3 Jaw-Dropping Stats:
1ď¸âŁÂ 1.07% of all Bitcoin now held by one companyâmore than most nations!
2ď¸âŁÂ $2.9B unrealized profit on their holdings (avg. buy price: $36,000).
3ď¸âŁÂ 7.5x leverage used for this purchase (via convertible notes).
đ Market Impact:
- BTC price jumped 2.3% post-news, reclaiming $66K.
- Shorts got wrecked: $280M liquidated in 24H.
đĄÂ Saylorâs Signal: "Bitcoin is the exit strategy for fiat."
đŽÂ Whatâs Next?
- More corporations may follow (Tesla? Square?)
- SECâs spot ETF decision could amplify institutional FOMO.
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