Bitcoin Forum

I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.

https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19


There is something seen about bitcoin, the future is bright.

Micro strategy bitcoin purchase have been a constant news here in the forum and each time the company make a bitcoin purchase the always make is public and it's widely celebrated because as a big company that have been bullish on bitcoin over the years the company have accumulated thousands of Bitcoin with no records of sell or planned sell of they bitcoin Holding and this time the company have taken another step ahead because while companies are selling off their Bitcoin holding, micro strategy is busy accumulating more Bitcoin not minding what the price is.


There is no doubt that Bitcoin has a very exciting future planned for its long-term holders, and a few of them such as micro strategy and the rest of other companies or countries such as El Salvador 🇸🇻  who have accumulated alot of Bitcoin during this time will be proud of their decision shortly when they bitcoin holding will be worth x3 of the bought price.

this news impact price of bitcoin ? if yes, then may be they transfer coins from other wallet to pump bitcoin significantly and dump on high price (just a random thought but, before this tweet came out the price also risen up maybe they bought in real)

many times they tweet about new purchase of bitcoins.

it's nice they are DCA ing and now the average price of buying is ~$29000,  they started accumulating in 2020 (https://buybitcoinworldwide.com/microstrategy-statistics/) and they also bought in bull run when bitcoin was very expensive. and not average price is very cheap.
that's the power of DCA,

It is difficult to keep up with the Bitcoin purchases of Microstrategy, just last week they totaled their recent purchases to make up their total holding of 138,955 BTC. And now could not resist the urge to round up that figure to 140,000BTC.

It is also great that they are not selling any at all, but applying the business model of using their deposits as collateral to take out spendable loans that they can repay at a later time and still retain their Bitcoins holding.
This way they do not simply tie up their cash in Bitcoin but can still have money to fund their activities.

It can impact the sentiment of Bitcoin holders positively. The price change before the tweet could have been just a coincidence.

- Jay -

That's about 0.724% of the circulating supply and 0.75% of the total market cap, if my calculation is correct. this is really huge holding by them.  Maybe they have a target of accumulating 1-5% of the total Bitcoin supply before they can actually see it as a huge holding. 
It's really good to see firms, organizations, and investors buying and stocking up on bitcoin without the plan to sell it off any time soon. 

But if they eventually decide to sell off one day, they will shake the entire market for some time because this kind of holding can take off an entire exchange volume. 

They know the worth of the coins, for which they additionally bought this large amount of bitcoins at 28K USD. On the other hand, there are some people who keep complaining about the price and always cry because they missed the lowest possible price to buy. They are forgetting the fact that bitcoins are limited in number and hence very valuable. So if they are able to buy the coins at 30k USD, then they will also be profitable if they hold them dedicatedly for an year. Moreover, this huge purchase will definitely shake the crypto market. Let’s hope Bitcoin touches 35k USD soon in the first half of April.

According to MicroStrategy Bitcoin Holdings Chart & Purchase History (https://buybitcoinworldwide.com/microstrategy-statistics/), they owns 140,000 bitcoins as of April 5, 2023. The average purchase price was $29,803 per bitcoin with a total cost of $4.17 billion USD.

You can visit the link to see detailed table for their purchases in BTC purchased, amount, total bitcoin, total dollars and when they made those purchases.

However, you decide how your investment ends. If you can not hold your bitcoins, you will be more easily gotten loss rather than profit. Because you will have to sell your bitcoins even when you don't actually want to sell it but unfortunately you must do it.

To sum up, look at institutional investor activities is good as it can give you insights about their plans and possibly next trends of market. However, it is not enough can useless if you don't have good plans for yourself.

Some other sites to observe Bitcoin Treasuries

• Buybitcoinworldwide.com (https://buybitcoinworldwide.com/treasuries/)
• Bitcointreasuries.net (https://bitcointreasuries.net/)
• Coinglass.com (https://www.coinglass.com/BitcoinTreasuries)

That's good news, this is a good sign of BTC's future. I am not an expert in predicting prices but if big authorities are buying BTC and announcing it publicly then that has a good impact on the market for the long term as these BTC will be held captive for a long period of time instead of for trading purposes. This will increase the demand as low supply is there in the market.

Overall, this will increase the hash power to increase in order to mine and thus the reward of BTC will decrease. Well, I think that's an obvious thing and every one of us Is familiar with this scenario. Things are getting close. One more thing I have in mind is that if the trading volume will decrease then the load on the blockchain will be less (like traffic). Then the transactional fee will be reduced?

Indeed to me this is a good signal in the market for those who really believe in bitcoin, they are always trying to accumulate more, not just giving strong information about the product to determine the price of a number of coins and then make a profit like someone else. But it must also be expressed that the strategy that Microstrategy is applying in the market has also brought great profits to them and investors.
For me, even though there are only a few cryptos, but seeing some large corporations pay more attention to this market, is also giving me a certain amount of joy in the belief that one day not far from the market. This market will be strong enough to match or outperform some other financial markets in the economy.

ha nice they got to the round number of 140,000. It's gonna start getting much harder for them to accumulate in the near future. They won't ever get to that 1% number of 210,000 but that's probably good anyway, we don't need a single company owning 1% of the supply, and they can probably get to high 100,000s after a bunch more years of accumulation.

Just imagine if we start having dozens of companies racing to buy up Bitcoin to grow their corporate wealth and ensure their company is always financially safe. Too bad corporate executives outside Saylor haven't figured Bitcoin out yet. Maybe one day we'll see corporations putting in hundreds of millions of dollars into Bitcoin each month.

One of Zuckerberg's two goats is named Bitcoin. So he's gotta personally have a good stack of satoshis. I'm waiting for the day when Facebook announces a large Bitcoin buy or starts accumulating regularly. Zuckberberg would have been much smarter putting billions into Bitcoin rather than burning through billions of dollars on trying to pivot to Meta.

There was a small short lived corporate race into Bitcoin in late 2020 and early 2021. I wonder if we'll see a much larger corporate race into Bitcoin in 2024/25...though any companies that are smart will accumulate this year and early next year rather than wait for high prices.

I do not believe that MicroStrategy buys bitcoin to manipulate the market or to become a whale who can pump or dump a coin.
The main purpose of MicroStrategy is to keep on buying Bitcoin BTC on every dip and accumulate it for the long term. They have a vision on how Bitcoin will become a mainstream currency and how much it can gain in price as the adoption of Bitcoin BTC will increase worldwide.

Another thing is that MicroStrategy is the only institute that buys bitcoin at all prices, and they never get panic even if the bitcoin price is lower than their buying price.

Everything has its two sides, if the market does not have big investors, the market will not have much confidence, and the development of the market will be slow. On the other hand, it will also be a blow to the market if Microstrategy decides to sell all of their bitcoins. But if we look at it on the positive side, it's another chance we can get bitcoins cheaper if they dump them. Depending on how we see and accept them, sometimes it's not as negative as we think.

Have you tried to study how Microstrategy makes money?
This company does not care how much they buy bitcoins, and until now their wallets are secret. If anyone knows their wallets, then write here. The company sells stocks, futures and other financial instruments, and its actions should not be used to judge the bitcoin market.

Every time I see news like this that some company has bought a large amount of bitcoin, it outrages me: enough already, leave at least a little for ordinary people. :)

Shouldn't the purchase of 1 btc have had a slightly more noticeable effect on the current market value? $30mln. is a lot of money.

There are people who are looking for an excuse not to buy bitcoin: either the price doesn't suit them, then some doubts, then something else. And there are those who buy btc at the first opportunity. Microstrategy is an example of this. Although it is not entirely correct to compare ordinary people and big firms.

It's a good but I don't know if I've that feeling of anxiety and think on the other side this is going to be sort of bad news in the future. Like, we're having the banks monopolizing some services as they've got a huge share on their market.

What if in the future that MSTR and other companies that holds a lot of bitcoin won't be letting it out in the economy and they'll all hold. Yeah, the price might pump and there will be a lesser supply in the economy.

But that also means that they might have a little control to the market when the time comes.

Microstrategy software company has surpassed other top companies in the list of most recent company bitcoin purchases. Even after selling a few months ago for a short-term tax benefit, they are still committed to a long-term bitcoin strategy. The company is very excited about bitcoin and does not believe it will fail, but they are looking at the bigger picture of the profit they will be able to accumulate in the coming years.

The company takes advantage of bitcoin by using the losses generated by the unexpected sale to offset previous capital gains, resulting in a tax benefit. This method used by the company can help long-term investors minimize large losses while also having a potential gain at the end of the day.

I have expected something of this coming already from them considering few factors ahead, the first one is that now that we are still on the bear season, they may take this as part of their DCA purchasing pattern for more accumulation, secondly if you also think about now that we are in the Q2 of 2023  they might have study a new trend coming up soon in favour of bitcoin market, maybe a little more bull ahead where we are before the major one anticipated for halving, yet we can't predict Michael Saylor and microstrategy in their operandi strategies when it comes to buying bitcoin.

There is no point of worrying about things that you cant control. It was expected that Bitcoin will eventually attract big investors that will want to hold big chunk of Bitcoin supply and that just confirms how valuable this asset is. I think that there will always be enough Bitcoin around for all those that will need it.

Instead of worrying about future, best thing that we can do is to focus on ourselves and buy as much bitcoin as we can.

michael saylor keeps his promise that he will buy bitcoin every day no matter whether the price of bitcoin goes down or up and that is a very brave decision.  this is the reason why i really respect Saylor rather than Elon, if Saylor always tries hard to keep his promises while Elon only seeks profit and tries to manipulate the crypto market with his influence.

Michael Saylor is the GOAT of buying bitcoin. GOD BLESS THAT MAN! Can't wait to see him again next month

and that clearly means that he has high hopes for this market up until now. most are just pure talk of buying but he is the real deal. buying when a lot are having second thoughts. they will only post when they have bought those BTCs, whereas, some people will post a lot in their socmed before buying and still ended up not buying anything.
with big companies like microstrategy still buying, it means they are not losing their confidence on this market.

It does! Every time Microstrategy buys bitcoin, bitcoin gets dumped though the reversal should be the case. I don't get why bitcoin price drops when Saylor announces BTC purchase LOL.
Well, I guess this isn't something we should be happy at. They are trying to get the big piece of the cake; isn't it going to make him influence the BTC price significantly? I guess yes, that's what going to happen in the near future.

They always bought bitcoin while the market is about to go up, but they have no selling records. I think they truly believe in the potential of bitcoin that others don't.
It is good to see that they are into bitcoin.

But what if they have enough bitcoin to control the market? is bitcoin market is controlled by anyone or any organization if they have decent share of bitcoin into their holdings?

I can not stop laughing when I read your post  ;D

Sounds like Michale Saylor usually gives us signal of market falls or corrections. However, I don't know why big guys like Saylor and Microstrategy chose to buy Bitcoin at peaks like newbies. If they want to accumulate Bitcoin, they can do it more aggressively when it was about $16,000 few months ago.

Below are three latest purchasing times of MicroStrategy. It takes them three months from 24 December 2022 to 27 March 2023 to buy more bitcoins. They did miss three good months to buy Bitcoin from January to March.

MicroStrategy statistics (https://buybitcoinworldwide.com/microstrategy-statistics/)

They are companies that make a profit by selling assets, they are the same as Elon did, but they don't really to show up when they sell the bitcoin in past like Elon. I believe they sold their Bitcoin when ATH a couple of years ago. Now, they want to repeat it again like they did in the past. I agree, if someone can proof MicroStrategy wallet here, I will appreciate it, and we can audit it if they just hold, not selling.

For those who just know this, I hope it's not too hyped up because there are company that bigger than them but does not show if they were bought many a year ago.

OP, there's also that other thread all about MSTR in the Economics section you know.  I have no doubt this news has or will be posted there, and that's kind of the main thread dealing with Michael Saylor, MicroStrategy, and their bitcoin dealings (even though Economics seems like the wrong section for it to be in).

But whatever, I always get into heated debates with the locals there (lol).  I've been saying that it might not be a prudent move on Saylor's part to be buying all of that bitcoin with his company's funds, since it's not entirely his company but a publicly traded one, with shareholders who might not have thought they were buying a stock that's a proxy to bitcoin itself.  All's good when bitcoin's price soars, but what happens to the stock if and when bitcoin tanks?

And what would happen if Saylor were forced to sell all of MSTR's bitcoin all at once?  It might not be probable, but it's possible.  I don't know if it's enough to drive the price down if it were dumped on the market all at once, but it couldn't help.  Eh.  That's just where my mind goes.  I have mixed feelings about this particular topic I guess.

MicroStrategy has for seen the future of bitcoin as another means to make huge profit in the long term run because they keep on accumulating bitcoin to use it as a store of value for the company. It is good that this big company is investing on bitcoin and holding because with time these bitcoin holders will add value to the increase in bitcoin price,due to the positive mpact it will add to the crypto market. If all these big companies buys and accumulate their bitcoin just the way MicroStrategy is doing in no time bitcoin price will shoot up like a rocket because there will be limited amount of bitcoin in circulation.

If he sells all at once,definitely it will affect bitcoin price and will lead to a dump but that will be in a short term,since other investors will purchase them and before you know it the price will pump back.

while micro strategy is busy collecting bitcoin as they see the bright future if cryptocurrency, meanwhile so many companies are already selling off once they realized they have gathered enough profits. even here in my country, constant reminders are being announced almost daily by enthusiast to be more wary and careful about bitcoin. while it isn't bad to tell their citizens to be careful, they are still slowly misdirecting the attention of people from cryptocurrency to other stuffs that couldn't even provide money.

They bought their latest coins at 28,000 usd per BTC, that is not at the peak, and it is far away from it. If they had bought at 16k usd per BTC, people would still ask why they didn't wait to buy when it was cheaper. I think MicroStrategy are timing their BTC purchases very well, they are holding a total of 140,000 BTC's, bought at an average prive of 29,803 usd per coin, that is a very good business for them, their buying intervals make it easy for them to make a lot of profit in a bull run or even in a short pump.

I also do not think they can just buy anytime when they see the price is low, like how individual investors do when they have the money, MicroStrategy is a company, so there has to be a process to release funds for BTC's purchase, they cannot make sudden purchases.

It's the same as when CNBC and other news firms announces that someone "influential" says that the bull market is at hand and bitcoin is the best investment. LOL, those positive news are no longer impactful to the market and let the market work for it whenever the bulls back actually through the fundamentals that it gets and not being shown in the public by these news agencies.

That's a good realization on this one. While we think that it's good that a big firm buys a lot of bitcoins and holds it as their asset. There will be lesser supply that's available for most of us although it's really expensive and many can't afford to buy it so, they're the one that's taking these cheap bitcoins before the huge bull run that we're all anticipating.

Has anybody noticed it as soon the notification on your favorite social or telegram news channel announced Microstrategy buying bitcoin and suddenly the market plummeted. Does they really buying on chain cause Im not sure why the effect is so contradicting to whats happening. So everytime they said they bought, some already positioning on short.

Well, that's true and that makes sense. We've got no control over it and they're the ones who's got the money to do anything that they can.

This is even what we like before that many of these big investors would come in and join us, now I'm looking even littler than a shrimp or anchovy. LOL just a crypto term of having little holdings.

I couldn't agree more!

I'm sure he knows, but why not open a new thread every time MicroStrategy buys Bitcoin - when you're the OP, you definitely get more exposure for your sig campaign, and maybe some merits come in too. The main thread in Economics serves its purpose and contains all the important information thanks to @fillippone.

I think MicroStrategy's recent purchase of bitcoins is good news, as it demonstrates the continued interest in and investment in cryptocurrencies. The fact that the company now owns 140,000 BTC worth around $4.17 billion at an average price of $29,803 per bitcoin is impressive and shows a significant commitment to the asset.

When viewed from a positive perspective, this development may signal a growing recognition of bitcoin's potential as a long-term investment and store of value. The increased adoption of cryptocurrencies by mainstream financial institutions and companies such as MicroStrategy can help legitimize and stabilize the market, leading to greater trust and wider adoption.



I think MicroStrategy's recent purchase of bitcoins at $28,000 per coin was a smart move, as they have strategically timed their purchases to maximize profits during the bull run. It's unrealistic for them to just buy every time the price drops, because they have to follow the company's process for spending funds on purchases. With a current total holding of 140,000 BTC, purchased at an average price of $29,803 per coin, MicroStrategy's investment in bitcoin is proving to be a sound business decision.

Will they sell it one day? Possible

Large companies that have been accumulating Bitcoins for a long time must certainly motivate many people that Bitcoin will guarantee future profits. It's just that we need to be realistic and not deny that bad situations can happen at any time. I don't doubt the investment made by MicroStrategy and indirectly they announced it as a whale in public.

Profit is still profit for the survival of the company, and we, who are only small holders BTC, need to make wise decisions at the right time.

If on one hand is nice to see that there are companies that strongly believe in bitcoin, on the other hand MicroStrategy is close to own 1% of the total bitcoin supply if we consider that a few million bitcoins are lost forever, so the actual number is way lower than 21 mln. It's somehow scary thinking that someone owns 1% of the supply, personally I don't like it.

It’s nice to see someone have high confidence on Bitcoin investment through investing the majority of his money on it but we all know that this is an investment and they are the one who will take profit on the top on e the price recovered. This kind of huge holdings will surely erased all the price growth that established slowly overtime due to its ripple effect on every institutional investor. This investors is like a time bomb on Bitcoin because they are dominating the total supply of Bitcoin.

This is just my opinion but what Saylor doing right is vital to give confidence to retail traders to don’t be afraid on Bitcoin investment. I’m sure he will be rewarded big time in the future.

Absolutely, the disclosure of MicroStrategy's newest Bitcoin procurement is a veritable crypto-tour de force. As proud owners of 140,000 BTC, their unwavering belief in this avant-garde virtual property is manifest. However, remember that Bitcoin investment parallels a game of hoops. Nimbleness, adaptability, and quick thinking are prerequisites for success. Just as in basketball, Bitcoin offers no certainties - its market is capricious, and prices can oscillate with fervor. To seize crypto-gold, diligence is indispensable. Remain vigilant of market shifts, rigorously research, and be poised to alter your tactics instantaneously.

To be honest, I follow him on twitter because it helps me to stay optimistic about bitcoin in the long term. Regardless of Saylor's plans regarding bitcoin, I think I can only conclude that if he can do it with very large budget, why don't we do it with relatively smaller budget. I do it for myself regardless of how I plan the investment, to me it doesn't matter.

140,000 bitcoin is huge, I think Saylor is one of the most optimistic institutional investors in bitcoin in the long term.

The more I see this group of people buy more Bitcoin, the more confidence in the future price increase I have in Bitcoin. If MicroStrategy were able to invest money in this large amount to buy Bitcoin, how much is my money worth that is making to be afraid? I know some people will say invest in what you can afford to lose but this gives me some inner confidence to buy more Bitcoin at all costs.

With this amount of Bitcoin, only MicroStrategy knows when they plan to sell and the price they wish to sell because if anytime Bitcoin price appreciates in value, they will decide to sell some of half of their bag and that is going to be a big concern, it will cause a big fear among the investors.

MicroStrategy, the business intelligence firm led by Michael Saylor, made headlines once again with its recent announcement of a substantial Bitcoin purchase. Between April 29, 2023, and June 27, 2023, MicroStrategy and its subsidiaries acquired approximately 12,333 Bitcoin for a whopping $347 million in cash. The average price per BTC stood at approximately $28,136, inclusive of fees and expenses.
https://cryptonews.net/news/bitcoin/21240458/

MicroStrategy Acquires 12,333 Bitcoin, Now Holding 152,333 BTC Worth $4.52 Billion
https://thecryptobasic.com/2023/06/28/microstrategy-acquires-12333-bitcoin-now-holding-152333-btc-worth-4-52-billion/

Looks like they’re cooking something over there that we all could take part of when the bull run arrives. In any case, while I think this is still as great as any news for bitcoin and its price, we also have to consider that this has been a very common news in the space that people like me are already getting tired from it. Hopefully something monumental on their end happens soon, otherwise seeing news of Microstrategy buying humungous amounts of bitcoin’s not gonna do well with the impressions, given the fact that this topic’s running as early as 2017 if I’m not mistaken.

I wonder if MicroStrategy will ever get to 1% of supply. Doesn't seem likely as within a year it's gonna be costing them a lot more to buy Bitcoin. I could see them getting up to like maybe 190,000 BTC though after a few more years.


Also I know they took out debt (I think they did like Senior Notes or some such thing) to buy a good amount of their Bitcoin. I'm not sure if when those notes become due if they will just pay off the investors in shares of their stock of if they'll have to pay them back with Bitcoin, or a combination of the two. I don't think that happens until 2026 or 2027 though if I remember correctly.


Anyways, hopefully within a few years other large companies will start becoming as smart as Saylor and realize they too need to accumulate Bitcoin. Imagine the sort of price appreciation we're gonna get once Apple, Amazon, Facebook, Google, and various other major companies are each buying up hundreds of millions of dollars worth of Bitcoin like per quarter to add to their cash reserves. I thought that was gonna get going back in 2021 but the corporate buying (other than MicroStrategy) only lasted a few months for the most part and no public companies have been smart enough to start accumulating Bitcoin during the recent bear market. At some point though all these big CEOs are gonna wake up to the opportunity to improve the finances of their companies that Bitcoin provides.

They are taking lot of risk and if bitcoin technology demand increased in future, they will be rewarded for the risks taken. I am also investing in bitcoin every month from savings.

Bitcoin prices do look promising in the last few weeks so if they start to accumulate now then they will definitely even accumulate much more once there is a clear bullish direction visible. To have such a big investor in bitcoin is a huge blessing since it gives credibility to the whole community.

But how John?

Sell off their holdings? . . . which they own and is their prerogative to do so. Anyway
the market would hoover them up and the shock would only be temporary.

The way Saylor talks and has educated a lot of people to the fact that there is no other
vehicle to compete with Bitcoin to store wealth for the long term.

It is a fact though that those coins will hit the market at some stage, possibly not all
at the same time and possibly 30, 40, 50 years from now, thats my belief.

It is obvious that they are very bullish. Micheal Saylor has been championing the bitcoin cause and has almost the same level of popularity as Satoshi Nakamoto. However, not everyone thinks highly of them. While folks in some quarters are praising him, some think they have some hidden agenda. I wouldn't blame the latter. I have heard, though unconfirmed that BlackRock (https://cointelegraph.com/news/blackrock-vanguard-indirectly-hold-bitcoin-via-microstrategy-investment), Vanguard, indirectly hold Bitcoin via MicroStrategy and we know what the people have said about BlackRock. Anyways, how far and how much does Microstrategy intend to go with bitcoin and how much bitcoin can they accumulate? Furthermore, how do they store they about $4.6billion worth of bitcoin? Cold storage?

I will like to know how you people are able to keep track on the Micro Strategy Bitcoin wallet address or is there a place where it's all revealed that I don't know?

Also other companies that are less popular to micro strategy could be doing the same thing too but we aren't aware about them, or maybe we think they are just other whales, well things are looking more bullish, and more adoption will continue to happen.

I don't think that such companies will ever be ready to sell their bags and this amount is not that huge that could cause a massive dump if they want to dump such number into the market and if they dump with time no one will even notice.

I think such companies will have Bitcoin in holding for many years to come because it could be the best backbone asset for their companies present performance and also in the future.

It is not that significant when a small business acquire bitcoins, but when you see large organizations like BlackRock buying bitcoins.. then you should sit up and take notice. I know Vanguard is still deciding if they will be buying in the future, but I am confident that it will happen soon.

Those are the two entities in the financial world that I am monitoring the most.... not the Google or Amazon or Microstrategy companies, because BlackRock and Vanguard are invested in those large companies.  :D

At this point Microstrategy announcing they bought more BTC is about as relevant an announcement that I am about to go out and buy breakfast.
It's what they do. And if the price goes up enough they will sell them, and if the price then drops after that they will buy more. And keep the difference as profits.

That is more or less their business. Not saying it's good or bad, just they have shown that they are going to keep buying a lot and occasionally selling. At this point they are probably not really that important an indicator of future price sine they do keep buying and selling. It's not that rare an event.

-Dave

I don't know why they've just started now, bitcoin went to 20k right? That could've been an opportunity for them to get more bang for their buck but hey, this is a good bullish news nonetheless. It's a positive to have a big investor in the market but blessing is just a bit too far imo because big investors means whales and whales can make waves which is a fancy term for market manipulation, wouldn't argue about credibility though, I do think that they do help with that a lot.

Is the public aware of the wallet address?

This is good, big companies have faith in the growth of bitcoin. Hopefully it will have a confidence effect on investors. Although the current state of the world economy is bad, the increase in FED interest rates, strict regulators in the United States such as the SEC I hope it does have to go through Bitcoin to grow bigger. Although there is no real validation evidence by providing a wallet address, I think it has had a positive impact for investors to join. And then Don't worry, this amount also cannot be used to control the price of Bitcoin.

Do you mean a Microstrategy wallet address? I think it is too risky for a large company to publish its storage wallet address.

Sounds all very good news until they announce that they will sell their holdings for specific date. Since they regularly buy and sell, then that will probably affect the market but no worries though they will buy back for their business to grow.

I discussed about that in Investigate, assess news. Don't simply read and make wrong decisions (https://bitcointalk.org/index.php?topic=5281598.0) three years ago.

It is hard for them to own bitcoin up to 1% of Bitcoin total supply. They need 210,000 BTC to hit 1% of total supply.

Today, after a latest stack round, they have only 152,333 BTC according to BitcoinTreasuries.net (https://bitcointreasuries.net/).

If you think about it in a different way, accounting for estimated lost BTC, which is like 3M or 4M BTC, hence the 'actual' total supply would be 17M to 18M, Microstrategy is not far to own 1%. It is estimation, not actual number for lost BTC.

Actually they sold only once if I'm not mistaken, and they did it at the wrong time, but it was a necessary measure. And the rest of the time they are buying and you are right, they are buying absolutely at all levels and in any markets.

I watched an interview with Sailor, the bottom line is that he believes in bitcoin at 500k and above, so they are not afraid to dig at any price. By the way, despite their purchases at different times, their average purchase price is around 30k, which is a very good indicator in the run-up to the bull market.

Micro strategy does not only give credibility to the whole community but they also restore confidence and faith in bitcoin whenever there is FUD in the market. Micro strategy has been consistent in buying bitcoin and whenever they do, there is always a wave and news about it. I can remember when Micro strategy bought during the bull run, in the same period that El Salvador did. I was actually confused why they did so, but I discovered at last that on the long run they are still in profits.

Now Micro strategy has bought more bitcoin, and the market is positive, let us wait for the outcome of SEC and Binance, Coinbase suits.

Until now there is no specific date when they sell, I don't think they will sell in the near future. The other news is that Microstrategy purchases are continuous, meaning they will continue to accumulate until an unspecified time.

I don't know if Microstrategy has ever sold its holdings of Bitcoin, I may have missed this news but what is definitely news is getting more positive is big institutions like Microstrategy just keep on buying.

They did. It's all over in google news last year and it will not be the last since this is a huge business and it needs profit. Regardless of the sells they did, they still buy large sums of bitcoin, so just like I've said it still okay and it's more in bullish.

Based on this article on Coindesk (https://www.coindesk.com/business/2023/06/28/michael-saylors-microstrategy-now-holds-over-46b-worth-of-bitcoin/), now they are holding over $4.6B and the last purchased was on June 27.

This is the most I'm afraid of that will surely have an impact on the market, what if they'll sell their Bitcoin holding, any decision to sell them could potentially impact the crypto market.  If MicroStrategy were to sell a large portion of its holdings, it might create downward pressure on the Bitcoin price, leading to a temporary decrease in its value.  However, the extent of the impact would depend on various factors, including the timing, the volume of Bitcoin sold, and market conditions at the time of the sale.

Do you think when there's an ATH they will dump all their holdings?

If they sell on bull run i don't mind i guess there wont be any significant change but if they sell in bear market that would be the worst case scenario cause it will have huge effect on the market probably we will experience a very long bear season.

Indeed, I simply want to ensure that we are not being misled by the routine updates regarding stockpile accumulation, as they can often be deceptive in the market. Additionally, I hope that they publicly disclose their sales information.

Michael Saylor is a Giga Chad, he won't sell for profit. I believe he's in a long term journey with those who truly understand that the world needs something like Bitcoin to exist. - A fall-back/back-up for the current financial system just in case it collapses.

It also doesn't have to be as fast as its centralized counterparts. It only needs to be dependable in what it does to be an effective alternative, giving its users censorship-resistance and self-sovereignty.

Furthermore, remember when FUDsters were saying that there was a high probability that Saylor will lose his investment?

Why not? The profits it gets benefits the company and everything to its future investment plans. Also, it's a company owned by multiple people who have shares and doesn't have 1 person to do the decision making. I know how bullish to bitcoin Saylor is, but a company/incorporated such as microstrategy doesn't work like that.

Because Bitcoin is like any other sound investment/asset, like long term value-stocks with good fundamentals, and a long term store of value like Gold. Zoom out both the Dow Jones and Gold to the maximum to give yourself an example.

It's also more valuable for the company to keep on HODLing because it itself makes the company more valuable. If the company needs fiat or wants to hold fiat as hedge, they borrow against the asset, not sell.

Plus if there is going to be some selling, there's also going to be some buying. It's not going to be just "for profit". They don't play pleb-games like us.

Looking at the agressive approach of Michael Slayer and his compan. It would be wise to believe that Microstrategy would eventually become the most profitable compay in the next ten years. By 2033 Bitcoin would surpass 100k and because of it Microstrategy would be more profitable than every other organisation at that time.