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How Tether-backed Twenty One plans to rival MicroStrategy

Tether-backed Twenty One’s plan to acquire over 42,000 BTC sounds not unlike Michael Saylor’s leveraged BTC acquisition strategy.

BlackRock and MicroStrategy hold more BTC than Satoshi

As centralized entities continue to amass bitcoin (BTC), just two corporations now hold more than Satoshi Nakamoto.

Looking at a chart of BTC when MicroStrategy was buying last week, skeptics think Michael Saylor paid nearly the worst price possible.

If its finances get much worse or BTC keeps sliding, MicroStrategy could be looking at possibly selling some of its coins by next year.

As BTC crashed below the price at which Michael Saylor suggested selling a kidney, he reminded us that its price never declines in BTC terms.