💸 Bitcoin Bonanza: They’re at it AGAIN! 🚀

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Because who needs subtlety? 🙄 Michael Saylor, the Bitcoin evangelist with a zeal that could power a thousand laptops, just led his company in SUPER-SIZING their stock offering. Because, priorities: more Bitcoin! 🤑

For those playing along at home, here are the deets: the Strife Perpetual Preferred Stock (STRF) offering ballooned from a quaint $500 million to a whopping $722.5 million. That’s 8.5 million shares at $85 a pop, with a side of 10% annual dividends – because who doesn’t love a good predictable income stream? 📈 It’s like bonds, but with ownership, aka the corporate equivalent of having your cake and eating it too (but with more paperwork).

So, what’s the master plan for this fresh influx of cash? *dramatic pause* More Bitcoin, of course! 🚀 Because 499,226 BTC (valued at a casual $41.9 billion, NBD) just isn’t enough. Strategy’s all, “Hold my beer, we’re going for the record!” And by record, I mean the title of Largest Corporate Holder of Bitcoin – currently in progress, courtesy of their February $2 billion convertible senior notes stunt. 📊

In short, Strategy’s playing Bitcoin accumulation like it’s a game of corporate “Keep Away” from the rest of the market, and honestly, it’s kinda entertaining. 🎪 Stay tuned, folks, it’s about to get interesting! 🍿

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2025-03-23 11:12