Just saw that Michael Saylor's company dropped a billion on bitcoin again. They picked up 13,927 BTC entirely through their stock offering (STRC), which is honestly a pretty interesting move. Instead of direct purchases, they're using equity issuance to fund these buys.



Michael Saylor has been pretty consistent with this strategy over the past few years - treating bitcoin as a long-term treasury reserve. The guy's basically betting that BTC is the best store of value, and he's backing it with real capital. At current prices around 80k, that 13,927 bitcoin is worth quite a bit.

What's notable is how they structured it through STRC rather than traditional cash. Keeps the balance sheet flexible while still accumulating. Michael Saylor seems to be doubling down on the conviction that bitcoin adoption will only accelerate from here. Pretty bold move for a publicly traded company, but the market seems to be following along with this playbook.
BTC0.66%
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