Bitcoin Price Falls Abruptly. Did Strive Just Deploy Warren Buffett’s Elephant Gun?

Warren Buffett, America’s most beloved investor and part-time Bitcoin hater, sometimes talks about Berkshire Hathaway’s massive cash pile as an “elephant gun.” The company’s assets are huge and it sits on hundreds of billions in cash, which means that for Buffett to meaningfully move the needle for his company’s investments, acquisitions have to be supersized.

The bitcoin treasury company sphere is coming around to a similar observation: Go big or go home, even when the bitcoin price falls and makes life difficult for the BTCTCs. To make a meaningful dent in the race to most corporate bitcoin -slash- carve out a nice chunk of this future financial world we think…

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