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Bitcoin crashed below Michael Saylor’s ‘sell your kidney’ price

On February 27, Michael Saylor encouraged his devotees, “Sell your kidney if you must, but keep the bitcoin.” As of that tweet, bitcoin (BTC) was trading at $79,900, but yesterday, it crashed below $74,500. Nevertheless, Saylor took the opportunity to remind his followers that BTC’s USD price shouldn’t matter anyway. True believers should remember, he posted memetically, that the price of BTC has a constant denomination in Saylor’s preferred currency: BTC. 1 BTC = 1 BTC — Michael Saylor️ (@saylor) April 7, 2025 If you denominate bitcoin in bitcoin, the price cannot decline. People knew Saylor’s kidney advice was hyperbole and that voluntary organ sales are generally illegal, but even major influencers called the tweet irresponsible. Mortgages, kidneys, yet bitcoin still crashes Of course, yesterday wasn’t the first time that BTC declined below a price at which Saylor encouraged irresponsible investing. On March 10, 2021, he encouraged inves...

Japan’s MicroStrategy Metaplanet Plans $745 Million Bitcoin Acquisition

Metaplanet, known as Japan’s MicroStrategy, has revealed plans to raise $745 million to increase its Bitcoin holdings by two times within the next two years. The Japanese firm has been actively raising funds, securing over 1,700 Bitcoins in the last eight months. This aggressive BTC accumulation has benefited the company’s stock price, which has skyrocketed more than 2,000% since the company started investing in the leading crypto.  MicroStrategy’s Bitcoin strategy has influenced Metaplanet, whose goal is to accumulate a substantial amount of Bitcoins as part the firm’s 2025-2026 plan. Metaplanet Prepares For  ¥116 Billion For BTC Purchase In a Jan. 28 announcement, Metaplanet revealed that it issued 21 million shares of 0% discount moving strike warrants in a landmark capital raise. Through this issuance, the company is set to generate approximately ¥116 billion, which is around $745 million. These funds will be directed towards additional...

MicroStrategy Buys Another 1,070 Bitcoin For $101 Million

Michael Saylor’s MicroStrategy added another 1,070 Bitcoin to its holdings, spending around $101 million at an average price of a little over $94k per BTC. The purchases by the business intelligence company and the biggest corporate owner of BTC were made between December 30 and 31, was disclosed in an 8-K filing with the Securities and Exchange Commission on Monday. MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we hodl 447,470 $BTC acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR https://t.co/CkLrLSkB5M — Michael Saylor⚡️ (@saylor) January 6, 2025 The acquisition followed closely after the sale of additional 319,586 MicroStrategy shares, which occurred at the same time and brought the same amount. The firm reported that around $6.77 billion worth of shares stayed available for sale as of January 5. This is part of the company...

Saylor Urges The US To Dump Gold, Invest In Bitcoin To Rival Enemies

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Michael Saylor, an active BTC proponent, is once again echoing calls to buy Bitcoin. In one of Saylor’s recent interviews, the former CEO of Microstrategy was noted giving a new, compelling Analysis on why the United States should dump its gold and invest in Bitcoin, a move that would help America become the new superpower in all sorts of ways and mannerisms. Also Read: Ripple: New Price Analysis Claims XRP To Hit $8, Here’s How? A New Financial Anatomical Structure To Emerge? Source – CryptoSlate Michael Saylor is an ardent Bitcoin enthusiast. He is known exclusively for his firm adoration for BTC, and he leaves no stone unturned to promote Bitcoin proceedings on the global front. Saylor was recently documented stating Bitcoin facts in a new interview, commenting on how the era of Trump presidency is transformative for the domain of Bitcoin. The former CEO of Microstrategy was quick to suggest how the US must dump their gold to invest in BTC, due to the array of benefits the cr...

Michael Saylor's MicroStrategy Eyes $7B in Profit, Driven by Bitcoin

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In what is a testament to the power of the leading crypto, Michael Saylor’s MicroStrategy is nearing $7 billion in profit, driven by its continued Bitcoin investment. Indeed, the firm has embraced a BTC acquisition strategy. Subsequently, the asset’s continued growth has driven the company’s value upward in 2024. Saylor has remained one of the asset’s most outspoken advocates. The firm most recently purchased another $489 million worth of Bitcoin just a week ago. Moreover, that brings the company’s total BTC holdings to a value above $10 billion, with its strategy paying off massively this year. Source: Bloomberg Also Read: Michael Saylor’s MicroStrategy Raises $1B to Buy More Bitcoin MicroStrategy Nears $7 Billion in Profit as Bitcoin Bet Pays Off Big 2024 has proven to be a monumental year for Bitcoin. The token became the first crypto-based ETF in the United States and reached an all-time high of $73,000 just three months into the year. Although it has h...

Bitcoin: MicroStrategy Buys Another $1.11B in BTC

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In yet another move that assures the company’s commitment to Bitcoin, MicroStrategy has bought another $1.11 billion worth of BTC. Indeed, the Michael Saylor-led software intelligence firm has continued to embrace the accumulation of the leading cryptocurrency. For years, Saylor has been an outspoken advocate of the asset class. That is clearly seen in how the company has made BTC accumulation one of its core tenants. Now, the firm holds a remarkable 244,800 BTC that was bought for more than $9.4 billion, according to a post on X (formerly Twitter). JUST IN: MicroStrategy buys another 18,300 #Bitcoin ($1.11 billion). — Watcher.Guru (@WatcherGuru) September 13, 2024 Also Read: Bitcoin: Michael Saylor Says BTC Will Eventually Reach $13M Michael Saylor’s MicroStrategy Buys Another 18,300 BTC 2024 has proven to be a vital year for the cryptocurrency market. Bitcoin has been a key story throughout the finance sector. It received the first crypto-based ETF in the United Stat...

MicroStrategy: How Much Did Michael Saylor Profit From Bitcoin Bull Run? Here's How Much MicroStrategy’s Michael Saylor Profited From The Three-Day Crypto Bull Run

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The current crypto market bull run has proven particularly lucrative for MicroStrategy’s CEO, Michael Saylor . Saylor, who is the former CEO of MicroStrategy, owns a 12% stake in the company.  MicroStrategy has always been a Bitcoin-centric company, boasting a portfolio of nearly 193,000 Bitcoins. Lauded for his Bitcoin investing prowess, Saylor’s accurate Bitcoin Analysis has fetched him millions in the latest Bitcoin bull run.  Also Read: MicroStrategy Bitcoin Investment Now at $4.65B Unrealized Profit Michael Saylor Earned Millions In The Latest Crypto Bull Run Source – TheStreet According to CNBC, Microstrategy’s former CEO has netted approximately $700 million in profits.  The profits have been accumulated through a three-day crypto market surge and a hike noted in MicroStrategy’s stock price.  Microstrategy, being a heavily Bitcoin-centric firm, derives its stock value from its BTC reserves. As Bitcoin documented a ...

Microstrategy acquires an additional 5,445 bitcoins

MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again. In crypto news shared on Monday by Michael Saylor, the company’s founder and chairman, MicroStrategy recently acquired an additional 5,445 bitcoins to bring its total BTC holdings to over 158k. MicroStrategy now holds 158,245 bitcoins According to a filing with the US Securities and Exchanges Commission (SEC), MicroStrategy purchased the BTC for $147.3 million, acquiring each coin at the average price of $27,053. Per the document, the company now holds 158,245 BTC, which was cumulatively acquired for $4.68 billion. The average price of the entire acquisition is $29,582 per bitcoin. Saylor shared the news on his official X account on Monday. ...