Bitcoin's Big Player Makes a Bold Move!

Michael Saylor's MicroStrategy just surpassed 500,000 Bitcoin holdings. Saylor (@michael_saylor) keeps gobbling up Bitcoin amid renewed institutional interest. MicroStrategy bought 6,911 Bitcoin for over $584 million in March 2023. Their total Bitcoin stash is now worth approximately $33.7 billion. This bold financial move comes as they raise funds from preferred stock sales. The company's aggressive strategy continues to bet on crypto's future. Will Bitcoin's volatility prove Saylor right, or is this a risky gamble on digital gold?
Klaus on Ethereum