r/btc • u/elite_pov Redditor for less than 60 days • Jul 21 '25

📰 News MicroStrategy Bought Another $740M in BITCOIN, Total Holdings Reach 607,770 BTC

https://www.cryptocoverage.co/news/microstrategy-just-bought-another-740m-in-bitcoin
31 Upvotes

82% Upvoted

63 comments sorted by

12

u/upunup Jul 21 '25

Luna/USTerra scheme means they will keep doing this as long as people lend them money backed by their BTC, and the price rises.

Once the price stops rising, and people stop lending them cash they are fked.

At this point meme stocks offer higher profits than BTC upside.

1

u/Ok_Sandwich8466 Jul 23 '25

It’s my belief that it’s more an asset reserve than like stocks…Not deflationary. Insulated from US dollar becoming shit.

5

u/KrakenPipe Jul 21 '25

I'm sure this won't end poorly

2

u/gameison007 Jul 21 '25

I heard that Michael Saylor doesn't have any children or heirs to leave his money to so I'm thinking that when he dies maybe he will leave it to his shareholders to split up or maybe he will even have it sold and put it back into the Bitcoin pot for everybody to buy to keep Bitcoin going! 🧐🤔👍🏼

2

u/Necessary-Treacle242 Redditor for less than 60 days Jul 22 '25

This is turning into one of the biggest scams ever 

2

u/Dutch-Alpaca Jul 21 '25

Decentralized btw

1

u/howtofirenow Jul 26 '25

You bet they did.

0

u/micigloo Jul 21 '25

Kinda wandering where his suppler is getting the tokens if u do the math does the circulation of bitcoins match up what was mined. It seems u hear all these huge buys and sells and kinda wondering if the numbers are correct. Just asking

1

u/jantelo Jul 23 '25

Price goes up to match the demand