Bitcoin Forum

Microstrategy bought 4167 bitcoins for $190.5 million at an average price of ~$45,714 per bitcoin. As of 4th April 2022, MicroStrategy is hodling 129218 bitcoins acquired for $3.97 billion at an average price of $30,700 per bitcoin.

https://mobile.twitter.com/saylor/status/1511315882886246409

It was not long when Microstrategy bought bitcoin that the price of bitcoin falled which some people will be happy about for institutional whale buy not to have much effect unlike before in 2020 and 2021. Recently, Microstrategy shareholders have plans to purchase more bitcoin in the future while calling the bitcoin they bought a success.

Saylor Calls MicroStrategy’s Bitcoin Play ‘Tremendous Success,’ Promises More BTC Buys (https://www.coindesk.com/business/2022/04/14/saylor-calls-microstrategys-bitcoin-play-tremendous-success-promises-more-btc-buys/?outputType=amp)
MicroStrategy shareholders letter: We’ll 'vigorously pursue' more BTC buys (https://cointelegraph.com/news/microstrategy-shareholders-letter-we-ll-vigorously-pursue-more-btc-buys/amp)

From the beginning when Microstrategy bought bitcoin, the instruction was never wrong about bitcoin, they study what bitcoin is and they know it is the coin of the future that its value will be increasing. More whales are buying which still indicates that bitcoin adoption is becoming stronger. If a company can see good in an asset, I hope some people will not miss when the price of bitcoin will increase more and more. More adoption is coming.

I am always hearing many good things on Microstrategy and its big, splashy strategy of acquiring more Bitcoin especially if there is a big dip in the crypto market. From now on, when you hear the saying "buy in dip" one name that comes to mind is Microstrategy of Michael Saylor. Now, when Bitcoin will soon rise beyond its last ATH, am sure that Michael will be celebrating with its windfall of profits...and if there can come a time when Bitcoin can go beyond $100K all shareholders of this firm will surely be smiling from ear to ear.

This isn't really that much of a surprise, no? Saylor has said time and time again in dozens and dozens of interviews/podcasts that he's bullish af on Bitcoin. So obviously he's going to buy more if he gets the chance. It's a safe assumption that MicroStrategy is just averaging in as to potentially not buying in at near-peak.

No, it is not. At least for those of us who have been following what Saylor has been doing since it started buying.

What he does is something similar to what DCA does and buys, say $50 every week. What happens is that he does it in a sophisticated way, taking on debt to do it, keeping a relatively low debt to equity ratio. Watching a couple of videos of him makes it clear.

It sounds good, it's reassuring. And that's what they also did: sent a letter reassuring people that they'll continue doing what they started.
Nice, but, as already said, not unexpected. It's clearly the time for accumulating. Going otherwise would have been the surprise.
And as we can see the news and even the actual buys made by MicroStrategy no longer have much of an impact (at least not a visible impact) on the price.

Microstrategy will always gives a surprise in some of their actions and one thing i always like about them is their relentless efforts in a continuous buying pattern, their investment in bitcoin is frequent and base on what i observed, they like to hodl investment for the time it will rises, so they speculate to buy at when the price is down and keep accumulating the buys, though i see them as one of the bitcoin whales who in the nearest future take the advantage of it and sell in bonds

I think they have a long term goal that's why they continue to acquire and accumulate bitcoin through the years. It might be different for average Joe like us who are in a budget. But we will continue to do and try to buy it at every dip or even DCA'ing.

Maybe there are also other companies who secretly buying bitcoin in bulk, or if not a company a entity, a whale who understand how bitcoin can make them more money in the future.

It's obvious that is the goal from the very beginning, buy bitcoin during dip and wait and hold for a long time. This kind of institutional investors knows how to play the market, even at the last ATH, maybe they didn't sell because the profit is not that good for them. And if by chance $100k can be hit in the future then it's a win-win for the company and for Saylor as he is one of the proponents of bullishness when we talk about BTC.

Microstrategy is really that serious to load as much as bitcoin they can in an average way. Seriously after Saylor becomes so active and shopaholic on btc, its market continued to attract some investors too and the bitcoin market already become so far a little bit stable compared on before. I think it was Microstrategy that become a solid foundation or outlet for holding btc within its massive community.

The good thing about them is they don't dump and tweet some negative comments after it as the known billionaire does. It's really good to see such a company keep buying bitcoins, adding to their wallets despite all of these nonstop critics. They know what the future brings so they keep buying it and they already know that the supply will be scarce in the years to come. By the time the people realize that they, in reality, bitcoins are what they need, Microstrategy will take the last laugh.

It's because Saylor is bullish on bitcoin and will continue to be like that as he sees opportunity on it.


He has his narrative behind and no one can dictate him. Yes, he could be one of those visionary who thinks ahead of time, sort of paranoid but in a good way because if everything falls into pieces and bitcoin hits 6 digits in the future, Saylor and Microstrategy will be one of the biggest winner.

I mean, they have literally been throwing sizeable amounts of MicroStrategy's balance sheet into BTC so there's literally zero reason to FUD it lol. In contrast to those billionaires you're referring to that are likely to only have sub 1% of their net worth in BTC.

They do not have a "strategy" really, they just think that long term results of crypto would be a lot better than buying any stock and that is not a bad idea at all. If you look at the long term results of crypto, you could see that it is great and they are not like buying shiba or something, they are buying bitcoin and that is good enough if you ask me.

I wouldn't assume that they know what they are doing, maybe they could be wrong, any company could be wrong but since I agree with them and do the similar things for myself, I believe they are on the right path. That is all I can imagine right now of course, not really something I can guarantee.

You can further see the news I shared on this thread:
https://bitcointalk.org/index.php?topic=5383996.msg59136161#msg59136161
Micro strategy has always been positive in Bitcoin adoption and the director has said severally on his holdings and always makes it clear how he and his company are ready to buy more Bitcoins as their all-in for Bitcoin long-term goal. Micro strategy in one of the institutional holders of Bitcoin.

Recently and especially during the last months, we hear a lot of good news about Microstrategy buying more bitcoin and increasing their bitcoin savings which are not new for us anymore, while many people and organizations believe Microstrategy is mistaken because they did a lot of investing in bitcoin if you check the prices where they bought bitcoin you can understand the average of the prices were lower than the market and that's how they plan to get benefits however since they didn't sell any bitcoins(as far as I know) the amount of their profit is still unknown and unrealized.

Michael Saylor is what Rover Ver used to be. A true bitcoin believer and a holder of the last resort. He is not only words. He puts his money where his mouth is and that's a rare quality nowadays. MicroStrategy showed us they are not into the short term play. They  believe in bitcoin and that means they will hold it to the very end.

Man this firm is on the rocks right now. They are like having their motto - Bitcoin fell? We buy! Definitely interesting road for them and the shareholders. With the price going up their profits are averaging huge numbers because with such strategy they are always keeping their break even above it and thus not loosing anything really. If we talk about bulk buys, then surely the fiat value rise many folds due to this.


Soon the time will hit when bitcoin would be more than hundredth thousand per btc. With the number of coins they holding it could go close to multi billion dollar institution and may touch trillion if they keep buying bitcoins like this and price keeps soaring like this one. Its good that they are having it, it creates demand, it locks huge sum of the coins.  8)

Personally, I don't have that much money or crypto, so it's hard to see them and apply them directly to my own investment. Perhaps seizing the opportunity to use it to serve the present life is still a goal that is easy to plan but difficult to achieve smoothly. I bought some BTC earlier in 2019, but personally, I am realizing more and more that I have to hold it more for my own wealth, in addition to maintaining the asset as well as future profits that I can receive. You can also consider it a safe haven for your property.

At least today's market is more attractive to a large institution. That didn't happen when the market was 2015 when I got to know bitcoin until 2018. This is good news for Bitcoin and I love that.  Trust in crypto is getting bigger, I believe this is just the beginning. But I'm not too happy if big institutions have too many bitcoins. That's because they can move the market easily and it makes them have more and more Bitcoin.

Yeah, Bitcoin is a long term project, and i hope most investors would do their research and find out about that before investing, if one is to invest in Bitcoin, then such individual must be prepared to stay in the network for a long period, it is not a get rich quick scheme, especially for those who purchase and immediately want quick returns. Another thing is that Bitcoin is also a currency, not just an investment option, more people should also be made to know that, you can spend your Bitcoins where Bitcoin payment is accepted, just exactly the way you use your fiat currencies.

Microstrategy being an investor knows something or holds crucial Information about Bitcoin we might not have, and his increasingly accumulating Bitcoin for over the past years since he bought the idea about what Bitcoin is gonna be in the future, with my little experience in this industry, I think it's wise to follow the footsteps of this institutional investors,  because if them with the kind of money they operate, can risk into bitcoin let alone the small investors like us.

that's right, I also always express my thoughts to those around me who have the same opinion as you are saying. But often they tell me it's hard to buy them :) , a small smile when they just look at the profits yet to come when the knowledge to be ready for the market does not have the necessary skills. The market is changing more and more and the popularity of coins is very well known. When it comes to crypto, people around me only think of BTC, and it is still difficult to change their minds about how to invest. As for the investment as well as the profits they can make, seeing how large organizations are entering this market more and more, I just feel like I need to do something to keep up with the times.

I think their background is that Bitcoin will have a great future. This means that more people will distrust Bitcoin in the future. In addition, the value will also be higher. This is of course the result of their analysis, besides that the world will not believe in some decisions such as the plan to take taxes from Crypto, legalization as currency by El Salvador and other decisions. What I fear from these steps is that the accumulation of BTC in only one institution is very dangerous for traders and of course the market price one day.

Considering the price of Bitcoin right now, I do think it's a good opportunity to buy them at this moment since at the end of the day we are not even close to the highest Bitcoins have ever been to. See even Tesla is holding bitcoins but I would not call them whales, i would call them opportunists since they would definately sell according to their own profits but Microstrategy is supporting Bitcoins since the beginning and I do think this would bring some positive response from the community and at the same time keep the price a bit stable as well. Let's make few things clear :
1. They would buy more Bitcoins this year
2. They are not going to sell them
Which does mean that we might see a increase in the price currently. They already have immense success from buying and holding. More companies should definitely learn from them.

Hey mate, it is always better if you do your research all by yourselves, the influx of institutional investors into the network is great alright, but it is wrong to accumulate all because they are doing so, in the Bitcoin network there is no such thing as 'following anothers footstep', you must analyse/research about it all from an individual perspective before jumping into a decision. For example, when the influx started, whenever there was news about any new accumulation by an institutional investor, there was usually a pump in the price, some invesors/traders adopted that strategy to time when they would buy their next coin, but right now such news actually no longer has any effect on the price of Bitcoin, and as a result that strategy no longer works. My point is this: only invest cause you have done all of your research, not cause another individual/entity/company, etc is.
You're correct, that is exactly the mindset newcomer investors come into the network with, the thing is this, you do not have to worry too much about the people around you, it is not your duty to change their minds about the network, let them do their research and come to a personal conclusion, you can provide research materials for them by the way.
Accumulate more, hodl as much as possible for the long term, and spend a little of your Bitcoin once in a while if you are opportuned to get where to.

I just wonder how long this can continue.  The company's most recent earnings showed that they lost over $50 per share and still keep buying Bitcoin.  It seems like the business was stagnant with little growth prospects and then decided to throw a hail mary on Bitcoin.  It seems to be paying off for them in the short term, but if the entire Bitcoin economy is being propped up by a company that is losing millions on behalf of their shareholders to continue buying a speculative asset then I think we're in trouble.  The fact that even with Do Kwon buying hundreds of millions of dollars worth of BTC the price is still falling shows that these big players trying to manipulate the market may not have as easy of a time as they think going forward.  I feel like the options traders are in control now and it will take a lot for a big move to happen.  At the very least, we'll need companies that actually make money to be the ones buying it.

Often I see MicroStrategy bought xxx amount of Bitcoin and feel good during that time big institutional investors realize the value of Bitcoin. I believe, MicroStrategy shareholders found Bitcoin a profitable investment for the future. And of course, they long hold which is pretty cool for the overall Bitcoin community. We always would like to see such institutional investment in Bitcoin for more adaption. They inspire more investors to accumulate it.

At least Saylor seems to be 100% serious about his bitcoin purchases, which is great as I do not think he will suddenly turn against bitcoin, which is the impression I have from Musk.

However I wonder if there is in the plan a specific amount Saylor wants to reach, after all his holdings are already massive and yet he is still buying more bitcoin, I wonder if the reason he is buying bitcoin at every opportunity that he has is because he does not see the US economy ever recovering from the inflation it is going through and he wants to be prepared when hyperinflation hit us.

whatever his reason behind accumulating bitcoin, i believe, one thing that shows here is he is one of the strong believers of this market. and that will give a positive domino effect to some people who are also following this market. if they have someone credible continuously supporting the bitcoin market, it will give them more encouragement to build their own wealth from this. we may not know what's his ultimate goal out of this, but we can't ignore his positive influence to the community.

The institutional investors accumulation of Bitcoin is just to keep the market buzz alive but it cant be used to predict the next momentum of the market because the Bitcoin market is now vast that the number of institutional investors and Bitcoin trade executed on OTC and on an exchange is what determine the market trend.

Yes, Microstrategy will always buy new coins cause it's an investment firm for corporate organizations.

True .

bitcoin dreamers went from rags to riches with that kind purchasing style back in the days when bitcoin price still below hundreds dollar , they are putting huge risk to get bigger return. so do with saylor ... he is playing it really hard and not really advisable to copy that kind style in raw.
an overnight millionaire / billionaire .. they said. they just don't know what kind risk they have taken in the proccess though.

Honestly, there's a difference between the person that didn't understand the risk in Bitcoin and the person that understand the risk but still believe the risk is worth taking.
Saylor is one of the people that understand the benefit and potential of Bitcoin if not he won't have represented the Bitcoin development on several occasions.
Second, in case you don't all the Bitcoin he bought was bought on behave of some investors who're probably celebrities, etc they are not his own though he may have some portion out of it.

Having an average of about 31k dollars per bitcoin is a great deal, plus they have around 130k bitcoins as well, that is a bit of a challenge as well. So, they are both rich, but at the same time they have assets that can't be cashed out that easily.

If they end up cashing all 130k for example, they would be crashing the market and they can't sell it for that much amount. They could put some sell order at 50k for example, and would not sell for 49k, creating a wall but also not losing too much money and take time, but still it would not be an urgent situation. Obviously, if they do not need to, it is an asset that goes up, so they could simply just enjoy the profits.

You have a valid point because they will surely some portion of their holding at some point and like you said there's always a price to pay for every man's decision which I believe is normal but it's hard for us to know the real intentions of the whales and institutional investors now because their plan may use BTC as a hedge fund. However, i always advise most users of this community to see their Bitcoins as an asset now not as currency because it may be chaos if the institution and whales are only the major holders of BTC.

The amount of bought bitcoins by Microstrategy was increasing recently, especially whenever they find a good chance and a reasonable price for buying some more bitcoins to increase their holdings, regarding the number of bitcoins, clearly, that's never enough for Microstrategy to say they should stop buy bitcoins because we all know they buy bitcoins for investing in the long term and since long term investing is always profitable, they are always looking for buying more and more bitcoins.

when you are bullish on something then you will want to have a large stake on it and this is bitcoin so you probably want to keep acquiring it because you are sure the future us bright for whoever wants to be patient.