MicroStrategy’s Bitcoin Bonanza: Saylor Strikes Again

In a bold move from December 2-8, 2024, MicroStrategy, under Michael Saylor, scooped up 21,550 BTC for $2.1 billion, pushing total holdings to a whopping 423,650 BTC—over 2% of Bitcoin’s supply. Despite Bitcoin flirting with $100K, MicroStrategy’s stock took a 4% dip as BTC slipped below $98K. With $9.19 billion left from share sales and a $42 billion Bitcoin goal by 2028, Saylor’s crypto crusade continues, keeping analysts on their toes and investors intrigued.