Title: Spending $110 million to buy more! MicroStrategy's Bitcoin holdings soar past 580,000 coins, with an average price of $70,000 becoming a 'heirloom'?
As Bitcoin's price stabilizes at a high of $109,000, MicroStrategy once again performs the crazy act of 'buying on every rise'! According to the latest announcement on June 10, the company spent $110.2 million from June 2 to 8, purchasing 1,045 Bitcoins at an average price of $105,426. So far, this 'Bitcoin whale' has seen its total holdings exceed 582,000 coins, with a total value soaring to $62.9 billion, equivalent to the combined market capitalization of 470 component stocks in the S&P 500 index!
Stock price skyrocketed by 3000%! No one can rival the leverage game
Behind the crazy coin hoarding is Saylor's capital gamble of 'borrowing money to buy coins': through equity, bonds, preferred shares, and other financing tools, he has raised a total of $84 billion and even plans to refinance another $42 billion in the next three years to continue buying more. The market votes with real money—MicroStrategy's stock price has surged over 3000% since July 2020, far exceeding Bitcoin's 1060% increase during the same period, with a market value surpassing $109.5 billion, yet its price-to-earnings ratio is a negative -17.63 times, making it the 'most magical valuation in history'!
\Controversy and Risks Coexist
Despite facing a class action lawsuit accusing it of concealing investment risks and accounting standards leading to a book impairment of over $3 billion, Saylor still disrupts traditional financial logic with a 'digital asset revolution'. If his holdings are forced to be sold, it could trigger a Bitcoin crash of significant magnitude, but the crazy capital story continues—after all, in the crypto world, faith is the ultimate leverage.
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