A New ‘Infinite Money Glitch’ Is Coming For $4 Trillion Crypto As The Bitcoin Price Suddenly Soars

Key Points

1. Bitcoin's price has surged 300% in two years, reaching an all-time high of $123 per Bitcoin, with traders looking for the next major catalyst.

2. MicroStrategy, led by Michael Saylor, has bought over 600,000 Bitcoin worth $71 billion using corporate debt, a strategy called the 'infinite money glitch.'

3. This strategy has led to a 3,500% price increase in five years and inspired other companies to adopt similar approaches.

4. Animoca Brands Research highlights that this method enables further capital raises to buy more Bitcoin, pushing prices higher.

5. A company called The Ether Reserve, backed by major crypto firms, plans to list on Nasdaq with 400,000 Ethereum, following a similar model.