Michael Saylor Revealed Strategy Just Bought Another $2Bn in Bitcoin

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Michael Saylor of Strategy has once again made the news with his relentless Bitcoin acquisition. Unquestionably, the Strategy boss is shaping the market for a crypto bull run. What is the best crypto to buy after Saylor’s BTC buy?

Saylor’s belief in Bitcoin as a life-changing financial asset positions Strategy as a leading corporate holder of crypto.

Saylor Announced 20,356 more Bitcoin in Strategy Holding, worth $46 Billion Now

Since 2020, Saylor has had the idea of using corporate cash reserves to invest in Bitcoin, viewing it as a hedge against inflation and a superior store of value compared to traditional assets. His vision gained traction as Strategy started accumulating Bitcoin at a crazy scale.

Today, Saylor revealed Strategy had acquired 20,356 BTC for approximately $1.99 billion at an average price of $97,514 per Bitcoin. This brought their total holdings to 499,096

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, valued at over $46 billion.

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This relentless buying spree has turned Strategy into a proxy for Bitcoin investment. Following it, MSTR, strategy stock ran over 1,200% in the past two years, largely driven by Bitcoin’s price appreciation.

News of Strategy’s latest $2 billion raise is consistent with their aggressive Bitcoin purchases. In the 14 weeks leading up to this announcement, Strategy had made Bitcoin buys in 12 weeks, only pausing for a brief week-long hiatus before this latest debt offering.

Saylor with Strategy’s massive purchases have a direct effect on Bitcoin’s supply and demand dynamics. With only 21 million BTC ever minted and over 19 million in circulation, large-scale buying like Strategy’s reduces the available supply, causing a “supply shock.”

When demand outpaces this shrinking supply, prices will climb, creating a ripple effect across the crypto market.

 

The $2 billion announcement builds on bull run momentum. Strategy isn’t slowing down, and neither should the bullish sentiment. Undoubtedly, with Strategy’s holdings of nearly 500,000 BTC, there’s no reason not to be confident in the market.

Then comes the question of what to stack before the bull run, which coin to buy before Strategy buying more Bitcoin for a full-blown bull run.

AI and Pepe’s $10 Billion ATH Are the Narrative This Bull Run: What’s Next?

Saylor of Strategy just announced another 20,356 more Bitcoin in their holding. Dive into this and find the best crypto to buy in bull run.

With the bull run getting closer daily, two narratives emerge as frontrunners. AI tokens and the appeal of Pepe-themed projects are the formula for the best crypto to buy.

AI tokens have gained traction as crypto intersects with machine learning, offering autonomous trading. Meanwhile, Pepe, the crypto phenomenon, is still resilient. Together, these two trends could define the current cycle.

With Bitcoin hitting new highs and institutional interest growing, the stage is set for a cycle where AI’s brains and Pepe’s vibes could combine to push the market to new heights.

The market is ripe for projects that marry cutting-edge tech with the infectious appeal of meme culture, creating functional and fun tokens. A project that could be the best crypto to buy right now.

Enter Mind of Pepe (MIND), an AI-powered token designed to tap into market insights and deliver them to holders while acknowledging Pepe’s legacy.

With its presale already raising over $7.5 million, Mind of Pepe is a smart play in this AI-Pepe narrative.

Why buy Mind of Pepe now?

Come on, it’s both AI and Meme. It’s still at $0.0033 each and will continue to get more expensive as demand builds. With its current price, it is still 300X away from the $1 mark with 333% APY for stakers.

See the potential yet? Imagine this scenario: $MIND hitting 1 dollar mark, which is 300X from now in a year.

With 1000 dollars now and the scenario playing, you will bank $300,000, then couple this with staking of 333%,  that’s around 1.2 million just from $1,000 in a year

Go to the MIND of Pepe website, connect your wallet, and purchase $MIND using ETH or USDT. Also, you can buy with your bank card.

For more information, visit the MIND of Pepe website or follow MIND of Pepe on X or Telegram.

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Key Takeaways

  • Another 20,356 more Bitcoin in Strategy Holding, worth $46 Billion Now: Big Bull Run Catalyst.
  • AI is the Narrative This Bull Run With Pepe’s $10 Billion ATH: What’s Next?.

The post Michael Saylor Revealed Strategy Just Bought Another $2Bn in Bitcoin appeared first on 99Bitcoins.





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