Michael Saylors BTC binge-buying cant stop number go down [Video]

Michael Saylor’s BTC buying spree shows no sign of letting up, but his big buys are proving incapable of sustaining BTC’s fiat value bubble.

On December 30, Saylor’s business data analytics firm turned BTC vessel MicroStrategy (NASDAQ: MSTR) announced its acquisition of 2,138 BTC tokens between December 23-29. This marked the eighth consecutive week that MSTR announced a big BTC buy and brought the company’s total BTC cache to around 446,400 tokens, around 2.1% of the total 21 million BTC that will ever be issued.

This latest batch of tokens was purchased for a total of $209 million, pushing MSTR’s total BTC outlay to date to $27.9 billion, while the tokens are now currently valued at around $41 billion. Originally, MSTR funded this spree with cash on hand but has since shifted to a combination of issuing new shares and taking on billions in new debt.

MSTR’s break-even BTCprice now stands …