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$2.5 Billion in Bitcoin. One Buyer. One Week.
There's a CEO who has spent $61 billion buying a single asset. The same asset...over and over. For 5 straight years. His name is Michael Saylor. He runs a publicly traded company called Strategy (used to be called MicroStrategy). On paper, it's a tech firm. In practice, the company does one thing now: buy Bitcoin and hold it. That's basically the entire business model. If you follow crypto at all, you've probably seen the headlines. "Saylor buys more Bitcoin." Again. And again. To a lot of people, he looks like a billionaire with a gambling habit and a podcast mic. Fair reaction. Whether you've heard of him or not, what his company did this week is worth understanding. Between April 13 and April 19, Strategy purchased 34,164 Bitcoin. One week. $2.54 billion. Third-largest single buy in the company's history. And he's already signaling another one is coming. Here's why the coin count matters more than the dollar amount...Let's walk through the math, because the numbers tell a different story than the headlines: - There will only ever be 21 million Bitcoin. That's a hard cap coded into the protocol. Nobody votes to change it. - Over 20 million have already been mined. Less than 1 million are left, and the rate of new coins slows every 4 years. - An estimated 2.3 to 4 million are permanently gone. Lost keys, dead wallets, hard drives sitting in landfills in Wales. - That leaves roughly 16 to 17.7 million in active circulation. Strategy now holds 815,061 Bitcoin. Nearly 4% of every Bitcoin that will ever exist, bought over 5 years for about $61.56 billion ($75,527 average per coin). And they just pulled 34,000 more off the market in a single week. What's crazy is they're now not the only ones doing this. - BlackRock's Bitcoin fund (IBIT) took in $906 million of new investor money last week alone (week of April 17) - Morgan Stanley launched their own spot Bitcoin trust (MSBT) on April 8, and it's already drawing capital - Fidelity runs its own spot Bitcoin ETF, steadily absorbing supply - Abu Dhabi's Mubadala Investment Company holds over $1 billion in BlackRock's IBIT shares - Norway's Government Pension Fund has indirect Bitcoin exposure equivalent to roughly 9,573 BTC through equity holdings in companies like Strategy and Coinbase - Michigan and Wisconsin state pension systems have allocated to Bitcoin ETFs directly
$2.5 Billion in Bitcoin. One Buyer. One Week.
1 like โ€ข 7d
Us miners better get mining... โ›๏ธ
0 likes โ€ข 2d
@Lemuel Reber If you go hardware ownership in the US with a hosting company, youโ€™re looking at about $0.07โ€“0.08/KWh depending on scale (cheaper too if you can prepay with certain providers). Self-hosting depends on the power cost you can negotiate. Weโ€™ve done both. Our exact costs are proprietary - we colocate with renewable power projects. Bitcoin mining is the future of energy: it supports grid stability and enables power generation where it otherwise wouldnโ€™t be viable.โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹
1-1 of 1
Jasmin Noe
1
4points to level up
@jasmin-noe-7182
๐Ÿ‘‰ Bitcoin Mining Community - https://www.skool.com/pow UK Licensed Classical Architect focused on building upon the foundation of Bitcoin.

Active 2h ago
Joined Apr 17, 2026