u.today
Bitcoin, the first and largest cryptocurrency by market capitalization, just got a Shakespearean treat from Strategy cofounder and chairman Michael Saylor.
In a tweet that declares Bitcoin’s value proposition, Saylor wrote, "Bitcoin—An Offer You Can’t Refuse."
Bitcoin — An Offer You Can’t Refuse. pic.twitter.com/XEWWt2ZTXu
— Michael Saylor (@saylor) August 4, 2025
The phrase, borrowing the iconic line from "The Godfather," a "Shakespearean-style tragedy of a man's moral downfall," describes Bitcoin as an offer that cannot be refused.
Under Saylor’s leadership, Strategy has become the largest publicly traded holder of Bitcoin, amassing over 628,000 $BTC in its corporate treasury, inspiring other crypto companies to follow in its footsteps. As of July 29, 2025, Strategy holds 628,791 $BTC, acquired for nearly $46.08 billion at $73,277 per Bitcoin.
On Monday, Metaplanet, a Tokyo-listed investment firm, announced its latest acquisition of 463 Bitcoin. The purchase cost the company 7.995 billion yen (at $540 million) at an average price of 17.3 million yen per Bitcoin, bringing its total holdings to 17,595 $BTC.
Bitcoin news
Cryptocurrencies initiated a slight recovery at the beginning of the week, with Bitcoin stabilizing after major sell-offs on Friday and Saturday triggered by the largest spot ETF outflows in months.
Bitcoin ETFs saw about $1 billion in outflows on Thursday and Friday, dropping the $BTC price to around $114,000 before recovering slightly.
Bitcoin was recently trading up 0.31% in the last 24 hours at $114,388. According to the most recent CoinShares report, digital asset investment products recorded $223 million in outflows, reversing early-week inflows of $883 million, likely in response to hawkish Fed signals and stronger-than-expected U.S. economic data.
Bitcoin led the outflows with $404 million, reflecting its high sensitivity to monetary policy, but year-to-date inflows remain strong at $20 billion.