MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[Taskford]

Michael Saylor may have hinted that he might buy a large amount of Bitcoin this week. The "big dot energy" on his chart basically means that he has bought a large amount of Bitcoin each time. If we look at the current market value of all the Bitcoins he has bought so far, it is about $64.23 billion, which is equal to the total GDP of several countries. His total Bitcoin holdings so far are 818,896. He also mentioned another thing on his chart that his average purchase price is much higher than the current market price. Maybe there is more big news waiting for Michael Saylor.source

And they already released their latest accumulation which is really huge https://x.com/saylor/status/2056344648478548205.





Amazing to see them doing that and for using such huge amount of money for buying Bitcoin this shows strong conviction on their long term investment with this coin.

They are close to hit 1 million Bitcoins https://www.strategy.com/purchases

[UpTober]

Michael Saylor may have hinted that he might buy a large amount of Bitcoin this week. The "big dot energy" on his chart basically means that he has bought a large amount of Bitcoin each time. If we look at the current market value of all the Bitcoins he has bought so far, it is about $64.23 billion, which is equal to the total GDP of several countries. His total Bitcoin holdings so far are 818,896. He also mentioned another thing on his chart that his average purchase price is much higher than the current market price. Maybe there is more big news waiting for Michael Saylor.source

And they already released their latest accumulation which is really huge https://x.com/saylor/status/2056344648478548205.





Amazing to see them doing that and for using such huge amount of money for buying Bitcoin this shows strong conviction on their long term investment with this coin.

They are close to hit 1 million Bitcoins https://www.strategy.com/purchases

When he posted this to his followers yesterday, I immediately assumed that a big explosion was waiting, and within a few hours, he confirmed the large amount of Bitcoin he had purchased.

[fillippone]

The week has ended: this is the forecast by strc.live



They assign 50% of the volume above par to bitcoin buying.
I am a little bit more aggressive than that.
I assign all the proceeds of STRC sales above 100 toward bitcoin buying, save the needed cash to maintain the dividend reserves at 24 months.
This would imply something more around 24,000 Bitcoins.
Huge, even if not record inflows.

And today we had:



Nailed it!

Maybe I was just lucky!