Michael Saylor Names Crypto Offer That Cannot Be Refused: Details

by Heber Wilkinson

Bitcoin, the first and largest cryptocurrency by market capitalization, correct obtained a Shakespearean treat from Approach cofounder and chairman Michael Saylor.

In a tweet that announces Bitcoin’s designate proposition, Saylor wrote, “Bitcoin—An Provide You Can’t Refuse.”

Bitcoin — An Provide 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-fashion tragedy of a man’s correct downfall,” describes Bitcoin as an offer that can now not be refused.

Under Saylor’s management, Approach has seriously change the largest publicly traded holder of Bitcoin, gathering over 628,000 BTC in its company treasury, moving varied crypto companies to observe in its footsteps. As of July 29, 2025, Approach holds 628,791 BTC, obtained for merely about $46.08 billion at $73,277 per Bitcoin.

On Monday, Metaplanet, a Tokyo-listed investment company, launched its most up-to-date acquisition of 463 Bitcoin. The acquisition price the firm 7.995 billion yen (at $540 million) at a median designate of 17.3 million yen per Bitcoin, bringing its total holdings to 17,595 BTC.

Bitcoin data

Cryptocurrencies initiated a runt restoration initially of the week, with Bitcoin stabilizing after predominant promote-offs on Friday and Saturday triggered by the largest quandary ETF outflows in months.

Bitcoin ETFs seen about $1 billion in outflows on Thursday and Friday, dropping the BTC designate to round $114,000 before recuperating a minute bit.

Bitcoin modified into these days trading up 0.31% in the closing 24 hours at $114,388. Based on the latest CoinShares recount, digital asset investment products recorded $223 million in outflows, reversing early-week inflows of $883 million, likely in accordance to hawkish Fed signals and stronger-than-anticipated U.S. economic data.

Bitcoin led the outflows with $404 million, reflecting its high sensitivity to financial coverage, but year-to-date inflows remain solid at $20 billion.

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