Midas Trend|5月 18, 2026 15:22
Terrifying stuff! Big brother Michael Saylor's Strategy company has bought 24,869 Bitcoins in just five and a half months in 2026, worth $2 billion.
The average price is around $80,000 per Bitcoin.
To buy these Bitcoins, they paid a hefty 11.5% interest, essentially borrowing money from the market to buy crypto.
With this, Strategy now holds a total of 843,738 Bitcoins, with a total cost of $63.8 billion.
Bitcoin's price is still hovering around $70,000, thanks to big brother propping up the market.
This year, Bitcoin has been underwhelming. Even Harvard University's endowment fund couldn't hold on, selling BlackRock's Bitcoin ETF at a 28% loss. Trump's media company also couldn't withstand the drop and sold off its Bitcoin holdings.
Although Strategy keeps buying non-stop, the current hype isn't in crypto but in AI, with funds continuously flowing out of the crypto space.
On top of that, the U.S. and Israel teaming up against Iran has pushed oil prices up, bringing inflation back into the picture. When the stock market rises, Bitcoin doesn't rise as much, but when it falls, Bitcoin drops even faster.
Looks like everyone will have to hang in there and wait it out. Once the funds get tired of playing around in AI and can't come up with anything new, they'll probably come back to Bitcoin again.
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