Once a mere mortal, Michael Saylor now walks among the clouds, his thoughts forever entwined with the digital ether of Bitcoin. With a flick of his wrist, he teases another purchase, as if the mere act of typing could summon the cryptocurrency from the void.
The “orange century” – a term so grand it could only be coined by a man who has forgotten the taste of normalcy – suggests that hyperbitconization will soon be as inevitable as the sunrise. Yet, one wonders if the sun will rise at all, given the current market’s penchant for melancholy.
MicroStrategy’s Bitcoin hoard inches closer to 750,000 BTC, a number so vast it could fill a small village with glee. Yet, as the figures climb, so too does the weight of uncertainty, like a heavy coat in a room with no heat.
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At 717,131 BTC, MicroStrategy’s holdings are a testament to both ambition and delusion. On Feb. 17, they spent $168 million on Bitcoin, a sum that would buy a modest estate in a quiet town – if only that town were named “Hopes and Dreams.”
With an average purchase price of $76,000, they’ve essentially paid for a luxury car and then decided to park it in a ditch. The current market price, a mere $67,359, is like a distant relative who shows up uninvited, reminding everyone of their own shortcomings.
Undeterred by crypto winter
Despite losses that would make a seasoned investor weep, Saylor remains as steadfast as a man chasing a mirage. “Bitcoin will hit $1 million or go to zero,” he declares, as if the universe were a chessboard and he the player with only one move.
Yet, he admits the crypto winter is here, with Bitcoin’s price plummeting like a stone cast into a well. “But this time, it’s different,” he insists, as if the very laws of economics had been rewritten by a particularly optimistic bureaucrat.
And so, the story continues – a tale of numbers, hubris, and the eternal dance between hope and despair, all set against the backdrop of a market that laughs at both.
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2026-02-22 21:58