Michael Saylor's Strategy buys another $1.05 billion of bitcoin
Laura Bratton
Mon, June 16, 2025
Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission on Monday that it purchased another $1.05 billion worth of bitcoin.
Shares of Strategy, a small software company turned crypto giant chaired by crypto tycoon Michael Saylor, fell 0.4% in early trading Monday after rising as much as 1.4%, while the broader S&P 500 (^GSPC) rose 1%.
SNIP
Saylor told investors during the company's May 1 earnings call that Strategy's "plan is buy and hold BTC indefinitely."
"We're going to promote global adoption of BTC as a treasury reserve asset," he said.
https://finance.yahoo.com/news/michael-saylors-strategy-buys-another-105-billion-of-bitcoin-140056131.html
Bitcoin 'Ought to Be Outlawed,' Nobel Prize Winner Stiglitz ...
Bloomberg.com
https://www.bloomberg.com › news › articles › bitcoin-o...
Nov 29, 2017 — Nobel Prize-winning economist Joseph Stiglitz said “bitcoin is successful only because of its potential for circumvention, lack of oversight.