$4.2B Bitcoin Play from Strategy — Snorter Token Buzz Grows with Institutional FOMO
2025-07-08 14:56:16
Description
Strategy hints at a massive Bitcoin buy after announcing a $4.2B STRD stock offering, which would translate to roughly 38,588 Bitcoins at the current price of $108,840 if the purchase goes through. The press release came on July 7 , the same day when Strategy announced $14B in unrealized revenue stemming from Bitcoin’s Fair Value Appreciation in Q2 2025. It also came one day after Michael Saylor posted his viral ‘ some weeks you just need to HODL ,’ which, as history showed, is just the calm bef...
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