MicroStrategy’s Bitcoin Holdings Top $8 Billion With Latest Purchase

N

Nighthawk

The Tysons Corner, Virginia-based company run by Bitcoin advocate Michael Saylor acquired 14,620 Bitcoin for $616 million in cash from Nov. 30 to Dec. 26, according to a filing with the US Securities and Exchange Commission on Wednesday. That brings its total holding to 189,150 Bitcoin, or to almost 1% of the 19.58 million Bitcoin outstanding.

https://www.bloomberg.com/news/arti...th-latest-purchase?srnd=premium&sref=8VvBkCcD

Seems, the Bitcoin industry (not the so-called "crypto industry") has founds its PROFESSIONAL BAG HOLDER, who thinks that other institutional players will bail him out after the SEC approves ANY of the BTC ETF´s.
:rolleyes::rolleyes::rolleyes:
 
Nighthawk said:
Seems, the Bitcoin industry (not the so-called "crypto industry") has founds its PROFESSIONAL BAG HOLDER, who thinks that other institutional players will bail him out after the SEC approves ANY of the BTC ETF´s.
:rolleyes::rolleyes::rolleyes:
More...

Right? The price should definitely drop now since Micheal salior has bought all his Bitcoins
:D:D:D
 
Nighthawk said:
The Tysons Corner, Virginia-based company run by Bitcoin advocate Michael Saylor acquired 14,620 Bitcoin for $616 million in cash from Nov. 30 to Dec. 26, according to a filing with the US Securities and Exchange Commission on Wednesday. That brings its total holding to 189,150 Bitcoin, or to almost 1% of the 19.58 million Bitcoin outstanding.

https://www.bloomberg.com/news/arti...th-latest-purchase?srnd=premium&sref=8VvBkCcD

Seems, the Bitcoin industry (not the so-called "crypto industry") has founds its PROFESSIONAL BAG HOLDER, who thinks that other institutional players will bail him out after the SEC approves ANY of the BTC ETF´s.
:rolleyes::rolleyes::rolleyes:
More...
Bitcoin has been rising in 2023 and is now stable above 40,000. It may continue to rise in 2024. Let’s wait and see.
 
Mstr is now literally tied to the price of a magical coin. Imagine a company placing 1000000%%% risk in a magical coin....

The euphoria is really running rampant now.
 
It's very simple. He's using a depreciating asset like worthless FIAT, and swapping it for one with superior stock-to-flow that even beats GLD.
 
The_Krakenite said:
It's very simple. He's using a depreciating asset like worthless FIAT, and swapping it for one with superior stock-to-flow that even beats GLD.
More...


Hilarious that our dollars are becoming worthless yet a fairytale coin is the next new currency that some believe is going to replace it....you can't make this up. A complete fools game is all this is... .
 
You must log in or register to reply here.
Back
Top