Michael Saylorâs Bitcoin Bonanza: Did He Just Make Millions or Just Slightly Richer? đ¤đ°
Well, well, well, it seems that Strategyâformerly known as MicroStrategy, but letâs be honest, who remembers that?âhas just splurged on a modest (if 705 bitcoins can ever be called âmodestâ) amount of shiny digital gold. They dropped a cool $75 million between May 26 and 30, which is basically loose change in crypto land. The market, ever the tease, decided to slide Bitcoin down from its lofty $104,293 perch to a slightly more âgroundedâ $104,021.98âdown just a smidge, because why not? 24-hour volatility? Only 0.8%, darling. The market cap now sits at a breathtaking $2.07 trillion. Yep, trillions, enough zeros to make your head spin. đ
Strategyâs BTC Yield Gets a Slight Fan Kick
Our dear Michael Saylor, the grand wizard of business spreadsheets, took to X (formerly Twitter, or as I like to call it, the digital equivalent of shouting into the void) to announce their latest treasure trove. According to him, each BTC was acquired at an average of $106,495 â because who doesnât love a good round number floating in the crypto-ether? As of June 1, Strategy was flaunting a staggering 580,955 BTC in its portfolio, with a total investment squeezing into the $40.68 billion rangeâbecause whatâs another billion here or there?
Strategy has acquired 705 BTC for ~$75.1 million at ~$106,495 per bitcoin and has achieved BTC Yield of 16.9% YTD 2025. As of 6/1/2025, we hodl 580,955 $BTC acquired for ~$40.68 billion at ~$70,023 per bitcoin. $MSTR $STRK $STRF
â Michael Saylor (@saylor) June 2, 2025
Measured in USD, those holdings are now worth a cool $60.43 billion. Basically, the firm has managed to get a tiny, almost insignificant 0.1% increase in their BTC yield since last week. Shocking news: itâs only marginally better than their previous âachievement” of a 16.8% yield. They initially planned a modest 15% by the end of 2025 but, ever the overachievers, upped the ante to 25%. Because why not dream bigger when youâre already swimming in digital riches? đââď¸đ¸
To put it into perspective, these nearly 581,000 BTC represent just about 2.9% of all Bitcoin minedâmaking Strategy almost as omnipresent as that one friend who always manages to find your stash of snacks. The firmâs relentless buying spree is their way of saying, âBitcoin, we love you more than our mornings espresso.â Meanwhile, Bitcoinâs value has surged 2,874.84% over the past five years, turning Strategy into the crypto equivalent of that person who wins Survivor every seasonâunfailingly lucky (or very good at hiding the bodies). But alas, after yet another purchase, the value dipped briefly below $360, proving once again that crypto is just a rollercoaster with a thousand loops. đ˘
Strategyâs Secret Weapon: The BTC Bull Token & Retail Shenanigans
Good news for retail mortals! As Strategyâs shares become the latest must-have for investors craving digital riches, a new meme is bornâthe BTC Bull token. Think of it as the official âmeme coinâ with olâ Bitcoinâs face plastered on it, promising rewards in actual Bitcoin when certain price targets are hit. Oh, the irony! Targets include a swanky $150,000, then $200,000, and eventually, a lofty $250,000. Because whatâs life without a little hope and a lot of hype? đ
The presale craziness is alive and well: current price? A mere $0.00254âprobably less than the cost of your morning latte. They’ve already raised a hefty $6.7 million, proving that social media antics can pay off. Total supply? 21 million tokensâbecause, of course, thereâs a hard cap. Verified issuer? Check. Trustworthy? Well, as trustworthy as a cat pretending to be a lion, but hey, good enough for now. Youâve got 28 days before this rocket takes off or crashes into the moon. đđ
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2025-06-02 21:10