Strategy Inc's Bitcoin Buy: S&P Snub Fuels Crypto Commitment

Strategy Inc. doubles down on Bitcoin! Fresh off an S&P 500 snub, Michael Saylor's company drops $217M on 1,955 more Bitcoin, now holding a staggering 638,460 coins worth $71.5B. While Robinhood snagged the S&P spot and Strategy's stock dipped, Bitcoin remained resilient. Fueled by stock sales, this move boasts a 26% Bitcoin yield for shareholders, inspiring other companies like Metaplanet and El Salvador to boost their crypto reserves, signaling a bullish trend for Bitcoin's future. Hosted on Acast. See acast.com/privacy for more information.