Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11
The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.
Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.
Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.
BTC trades near $104K, just 4% off its all time high ($108.7K).
Saylor’s message is the same "Bitcoin is the superior treasury asset".
$59 Billion dollars, only in one asset, that's insane, although that's not his money alone but shareholders have put money too but really the number is too big. $59 billion, haha I have said repeated it many times just to understand how big the amount is haha.
I already monitored all of his investement via posts like these, but never remembered how much he might have now, although had some idea haha. I won't think a company will ever invest that much money into one asset. Micorsoft even denied to invest in BTC due to its volatility and they were going to invest what, some million dollars I suppose.
But this MF (sorry for lingo, can't stop myself to say it) made a company that big only on BTC. If he wanted to sell all those BTC, could he even sell them at all, I mean he might not get enough liquidity, or maybe with OTC deals he could. But if he plans to sell them, we are doomed haha.