While Wall Street remains "skeptical" (as Brian Armstrong noted today), the giants are still accumulating. MicroStrategy just disclosed the purchase of another 2,486 BTC (approx. $168M) at an average price of $67,710.
Why this matters:
Total MSTR holdings: 717,131 BTC.
Coinbase CEO Brian Armstrong slammed "TradFi laggards" today, arguing they are resisting crypto because it disrupts their core business models.
The "Clarity Act" progress in Washington is stalling, which is keeping some big players on the sidelines—but clearly not Michael Saylor.
Institutional conviction remains high even if the price action is choppy.
