#SaylorBTCPurchase Michael Doubles Down on Bitcoin Despite $4.2B Q1 Loss 🚨
In a striking show of conviction, Michael Saylor’s firm, Strategy, reported a $4.2 billion loss in Q1, primarily due to Bitcoin’s recent price correction. With losses at $16.49 per share, most would expect a pullback. Instead, Strategy is doubling down on its crypto ambitions.
The company now plans to raise $21 billion via an equity offering—solely to buy more Bitcoin. Just last week, it added 6,500 BTC, pushing total holdings to over $47 billion. Notably, Strategy has purchased Bitcoin on five of the last six Mondays—a pattern that suggests disciplined, long-term conviction.
This bold strategy raises a key question:
Is this visionary investing or an overleveraged gamble in a volatile market?
📊 As institutional interest in digital assets grows, Saylor’s aggressive stance could mark a new phase in crypto market maturity.
💬 What’s your take? Is Saylor paving the way—or playing with fire?
#SaylorBTCPurchase #Bitcoin #BTC $BTC
BTC: $105,387.89 (+2.24%)
