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Just saw that Michael Saylor's company dropped another massive $1.57 billion on Bitcoin last week. They picked up 22,337 BTC at an average of around $70K per coin. Pretty wild when you think about it - they're now sitting on over 761,000 Bitcoin total. That's a serious long-term play.
The funding came mostly from selling their preferred stock series, with some common stock sales mixed in. Michael Saylor really seems committed to this accumulation strategy no matter what the short-term price does. Their MSTR shares were up 4% when markets opened, probably riding the weekend momentum in Bitcoin price.
This was actually their fifth-largest weekly purchase ever, which tells you they've been doing this consistently for a while now. Bitcoin's hovering around $72.8K right now, and MSTR keeps treating every dip as a buying opportunity. Whether you think it's genius or risky, you can't ignore what Michael Saylor and his team are doing with this strategy.