
CEO who owns $47.3 billion in Bitcoin reveals why boring markets are actually better
Key Points
- Michael Saylor's MicroStrategy just purchased another 850 Bi...
Michael Saylor just dropped another $100 million on Bitcoin like it's pocket change, and honestly, watching him accumulate cryptocurrency has become more predictable than your uncle's holiday stories. The MicroStrategy CEO scooped up 850 more Bitcoin last week, pushing his company's total stash to 639,835 coins worth about $47.3 billion. That's more Bitcoin than most small countries will ever see.
When the Fed Cuts Rates, Saylor Cuts Checks
The timing wasn't coincidental. Right after the Federal Reserve trimmed rates by 25 basis points on September 17, Bitcoin briefly flirted with $117,0...
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