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

[SuperBitMan]

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

[Free Market Capitalist]

From my perspective, up until now, Saylor has tended to project future plans and outcomes in relatively conservative ways (even though they seem outrageous to someone like a no coiner), so his actions and performance have largely been outperforming expectations,

I guess he has done like some airlines, they give you a longer arrival time than the actual average, so that then when you arrive you are happy that you arrived early.

I suppose if facts start to contribute towards lower expectations they could end up downwardly revising 2026 and 2027 expectations.  

I am a little bit surprised that he doesn't downwardly project for 2026 and 2027, since those well could be bear markets, and I would expect that demand for Saylor/MSTR products are likely to follow cyclical patterns - even though at that same time, none of us can definitively proclaim that bitcoin's cycle is going to persist - even if such cycle has persisted so far.. so future projections of a cycle seems like it should be a starting default projection rather any anticipation that such cycle will disappear.

Well, I think a minimum of 6% in the years 2026 and 2027 is not that far-fetched, plus now with the increasing institutional adoption that is anticipated plus state adoption it doesn't look like we are going to have as pronounced a bear market as in previous cycles. You have to think that if the USA set up the strategic reserve to acquire 200K bitcoins per year, it would be 550 bitcoins per day, and only 450 are mined.  That's not counting the rest of the demand.

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

Seeing how the price has gone this week I don't think it's huge. The only way it could be huge would be if it has started selling convertible debt apart from what is left of the ATM to buy bitcoin during this week. But for me the most interesting thing is that it is doing weekly DCA, we will see how long it lasts. I as an investor hope he can do weekly DCA for a long time because it increases my bitcoin yield.

[Taskford]

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

He's so open regarding on his intention that he want to buy more Bitcoin and they don't have any plan to stop.

See this one.

MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin.

You can read it here for more details of that information written by Morning Star MicroStrategy's latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin

With those plans they publicly shown to masses provably it can hype a lot more people. We are now heading back again at $100k so for sure that anytime soon we gonna cross again on 6 digits level. Hopefully we can see Bitcoin reached at $120k since this is really great figures to see for all Bitcoin holder.

[AirtelBuzz]

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

Yes Microstrategy announced that they will be accumulate more bitcoins today. They have been investing in the DCA method for a long time, But currently they are buying bitcoins on weekly basis for few months. Interestingly earlier they invested in DCA method but did not buy bitcoins on weekly basis.
They purchased a total of 2,138 bitcoins last week, and today they purchased a total of 1,070. Microstrategy's Bitcoin buying amount is slowly decreasing. Maybe they could announce a smaller amount of Bitcoin purchases next week.

[Mahanton]

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

Yes Microstrategy announced that they will be accumulate more bitcoins today. They have been investing in the DCA method for a long time, But currently they are buying bitcoins on weekly basis for few months. Interestingly earlier they invested in DCA method but did not buy bitcoins on weekly basis.
They purchased a total of 2,138 bitcoins last week, and today they purchased a total of 1,070. Microstrategy's Bitcoin buying amount is slowly decreasing. Maybe they could announce a smaller amount of Bitcoin purchases next week.

Well, decreasing purchase doesnt mean that they are running up some low funds or allocation on buying out and for sure there's a specific reason for it.The thing you've said that they are already purchasing on via DCA method instead of weekly then they have changed up their strategy yet if we do really that having that in depth understanding that buying up on DCA method specially on corrections will yield more profits rather than on buying up on weekly basis in disregard about the price on which we know that if they do make out some peak entry then it will be basically be affecting out their % gains on which this one is understandable. They are here for the money and they will be maximizing it as much as possible. Honestly, it is really that good that these institutions/company etc. are making up that big accumulation or simply showing up that huge trust towards Bitcoin but as the long time you've been seeing those numbers that they are holding then it cant be avoided that you will be having some kind of inner fear that they are that one day be loading off those bags and will be making out that significant impact on the market. Well, we do know that anyone does have their rights on selling out their bags for profits. Lets just that focusing out more on how these actions do really shows off some good exposure towards the entire popularity of Bitcoin on which this will be helping out on overall adoption and recognition as we do go ahead.

[Wind_FURY]

---Snip---

I may hardly be saying anything according to your opinion, and I respect your opinion. But ar the end of this discussion it's only that. "Your Opnion", which may or may not matter depending on who you're having the discussion with.

  ¯\_(ツ)_/¯

I believe even the smartest group of people comprising of Nobel Prize laureates have also experienced failure in leveraged investing.

Study L.T.C.M.

[Popkon6]

MicroStrategy Company has collected Bitcoin again and is ready to hold it for a long time, they have a total of 447470 Bitcoins. They are very close to collecting half a million Bitcoins but will soon bring their holdings to around 0.5 million. However, I definitely like their holdings because they are constantly holding Bitcoins step by step, but I am more confident that they are moving in the right direction and will soon reach success.
Because their holdings will be held for the next few years, where they have decided to sell each Bitcoin for $ 1 million. They are busy raising money to buy more Bitcoins later, but we will see the good news of their buying Bitcoins in the next step.

[PremiumcryptoHub]

Because their holdings will be held for the next few years, where they have decided to sell each Bitcoin for $ 1 million. They are busy raising money to buy more Bitcoins later, but we will see the good news of their buying Bitcoins in the next step.

It is not yet certain when MicroStrategy will sell their invested bitcoins. MicroStrategy Company's Bitcoin buying streak has continued since a few years ago. They currently announce every week on twitter that they will buy bitcoins i.e. they need the green dots. Accordingly they are now buying bitcoin every week which has increased their bitcoin investment a lot. If I'm not mistaken, MicroStrategy may have bought the most Bitcoins of 2024.  Today Michael Saylor revealed on Twitter that his company purchased a total of BTC258,320 Bitcoins in 2024. The bitcoins they bought this year are worth $22 billion dollars.

[JayJuanGee]

---Snip---

I may hardly be saying anything according to your opinion, and I respect your opinion. But ar the end of this discussion it's only that. "Your Opnion", which may or may not matter depending on who you're having the discussion with.
  ¯\_(ツ)_/¯

Ouch..

snap..



What a zinger.

What will I do? 

Oh my.  Oh noes.



By the way, I stand by my earlier post in regards to your not really adding any value to the discussion or your assessment of supposed risks, and yeah, that is just my opinion about the triteness and seemingly lack of substance behind your earlier post(s).. add this latest one to the list, too.

I believe even the smartest group of people comprising of Nobel Prize laureates have also experienced failure in leveraged investing.

Study L.T.C.M.

I had to look up the meaning of LTCM.. hahahahahaha.. .. long term capital management...ok... fair enough.. that comes off as a pretty smart sounding kind of an idea that may well potentially apply to the situation.. perhaps?  perhaps?

What craziness is our world. 

Still after further pondering over the matter, I doubt that the substance of what you are saying or what you had been seeming to want to say has been helped by your throwing in some terms to try to help you to look moar smarter.. think about it?  LTCM... #justsaying.

I am not even trying to pick on you, and it seems to me that you should have taken the hint the first time around and in terms of my first responsive post, and just attempted to figure out why I posted what I had posted, rather than trying to continue to imply that there is some kind of unrecognized depth within your earlier asserted precautions about MSTR.. as if you were some kind of a financial guru, when it seems that the more you post, the dumber seems to be the results... and.. no need to take it personally, but think about it.. It is like the folks who ongoingly and continuously proclaim that bitcoin is a bubble, bitcoin is a bubble, bitcoin is a bubble.. Sure from time to time, they are going to appear like they might know something and they might be correct, but there still tends to be little to no depth in those kinds of superficial and seemingly largely uninformed proclamations that come out of folks who are trying to sound as if they were smarter than they are.. but at least they have an opinion and they are not willing to say it, right? 

I really doubt that I have any burden to attempt to describe to you what MSTR is doing or the risks beyond your seemingly superficial and seemingly il-informed assessments of what you seem to believe that they are doing and what you seem to believe the risks to be.

Because their holdings will be held for the next few years, where they have decided to sell each Bitcoin for $ 1 million.

Holy shit you are a dumbass, and even irritating for making up shit.

What is your information source that MSTR is going to sell bitcoin at $1million or at any other price, especially when it seems that the actual information about what they will do or what they intend to do is the exact opposite, so why the hell are you just making shit up about what you believe that they are going to do?  Do you have a brain?

[Wind_FURY]

---Snip---

The actual point is even the smartest people in the world, with their Doctorates, Degrees and Nobel Prize awards, can lose their whole businesses because they believe they can't lose - Hubris. Plus because of the high volatile nature of Bitcoin's price and the probability that a Black Swan is always around the corner, I'm merely saying it's better to be careful than to lose everything if anyone would be in Chad Saylor's shoes.

  ¯\_(ツ)_/¯

[Stablexcoin]

Because their holdings will be held for the next few years, where they have decided to sell each Bitcoin for $ 1 million. They are busy raising money to buy more Bitcoins later, but we will see the good news of their buying Bitcoins in the next step.

It is not yet certain when MicroStrategy will sell their invested bitcoins. MicroStrategy Company's Bitcoin buying streak has continued since a few years ago. They currently announce every week on twitter that they will buy bitcoins i.e. they need the green dots. Accordingly they are now buying bitcoin every week which has increased their bitcoin investment a lot. If I'm not mistaken, MicroStrategy may have bought the most Bitcoins of 2024.  Today Michael Saylor revealed on Twitter that his company purchased a total of BTC258,320 Bitcoins in 2024. The bitcoins they bought this year are worth $22 billion dollars.

Keep dreaming if you think Mirco Strategy would think of selling their purchased Bitcoin anytime soon. $1 millions is a starting point, depending on how far Bitcoin will increase in the future they may choose to sell it above that price thereby waiting a lot more longer. Any investor or shareholder who wishes to take his own part of the investment will be giving it. Bitcoin may tend to be more of a global thing soon enough.

[Free Market Capitalist]

The actual point is even the smartest people in the world, with their Doctorates, Degrees and Nobel Prize awards, can lose their whole businesses because they believe they can't lose - Hubris. Plus because of the high volatile nature of Bitcoin's price and the probability that a Black Swan is always around the corner, I'm merely saying it's better to be careful than to lose everything if anyone would be in Chad Saylor's shoes.

  ¯\_(ツ)_/¯

Yes well, the classic example is that of Newton, who lost a lot of money in the stock market and referring to the markets, he said:

I can calculate the motions of the heavenly bodies, but not the madness of the people.

I don't know if anyone will be in Saylor's shoes, certainly not me, as I only have a small part of my net worth in MSTR and that is small in relation to my bitcoin. For me it is adding a little leverage to my position, intelligent leverage as Saylor says.

But I also tell you one thing, what you say is a fallacy. Being very smart you can lose money, that is clear, but I assure you that the average fool loses much more, in terms of percentage of his net worth than the average smart person. Normally people who understand the markets very well, the history of the economy, how money works and who know how to raise capital, like Saylor (and many others, like Dallio, Tudor Jones Druckenmiller) make a lot, but a lot of money with the stock market, even though at times they may have losses.

[JayJuanGee]

The actual point is even the smartest people in the world, with their Doctorates, Degrees and Nobel Prize awards, can lose their whole businesses because they believe they can't lose - Hubris. Plus because of the high volatile nature of Bitcoin's price and the probability that a Black Swan is always around the corner, I'm merely saying it's better to be careful than to lose everything if anyone would be in Chad Saylor's shoes.
  ¯\_(ツ)_/¯

Yes well, the classic example is that of Newton, who lost a lot of money in the stock market and referring to the markets, he said:

I can calculate the motions of the heavenly bodies, but not the madness of the people.

I don't know if anyone will be in Saylor's shoes, certainly not me, as I only have a small part of my net worth in MSTR and that is small in relation to my bitcoin. For me it is adding a little leverage to my position, intelligent leverage as Saylor says.

But I also tell you one thing, what you say is a fallacy. Being very smart you can lose money, that is clear, but I assure you that the average fool loses much more, in terms of percentage of his net worth than the average smart person. Normally people who understand the markets very well, the history of the economy, how money works and who know how to raise capital, like Saylor (and many others, like Dallio, Tudor Jones Druckenmiller) make a lot, but a lot of money with the stock market, even though at times they may have losses.

Surely any of us could make some kind of an assertion that Saylor/MSTR is running into dangerous territories.. blah blah blah.

Then we might modify our statement and say.  Anyone who imitates Saylor/MSTR may well run into dangerous territories.

Yeah,, there were people following Saylor in late 2021, but they did not have sufficiently similar situations, so they ended up blowing themselves up.

A same thing could happen if some companies imitate Saylor, yet some of the terms are different (and customized to their situation) and it might not work out as well for the imitator as it ends up working out for the original.. and that failure to work out for the imitator does not mean that the strategy is bad, even if the execution may well be bad.

I had heard about some companies who had been employing something similar to Saylor/MSTR in recent times, but the companies already had a lot of debt and did not have very great cashflows, so the "similar" strategy could work out quite differently for companies that do not have sufficient cashflows to service the debts, including that they might not even get anything close to as good as Saylor/MSTR in regards to the interest rate that they are paying for the debt.  I recall in 2020 and 2021-ish Saylor/MSTR was paying way closer to regular market rates for various debt instruments that were issued, yet it seems that as Saylor/MSTR becomes more popular, they are able to issue debt instruments with much better terms for Saylor/MSTR and still get over-subscription to whatever debt instruments they are issuing. 

There can be quite a difference if I were to get a loan at 7% per year versus getting a loan at 0.7% per year, and MSTR seems to be getting the latter, and newer companies and even individuals might struggle to even get as low as 7%.. including that MSTR might not have to pay back the whole balance for 5 years or more, and individuals/younger companies might struggle to get loans for more than 2 years in duration... Loan terms can make a BIG difference in both short-term performance, but also options that might be available at various points down the road, including if there is any need for concern (or desperation) if it might appear that cash might not be available, but the loan is coming due.

[Abiky]

Keep dreaming if you think Mirco Strategy would think of selling their purchased Bitcoin anytime soon. $1 millions is a starting point, depending on how far Bitcoin will increase in the future they may choose to sell it above that price thereby waiting a lot more longer. Any investor or shareholder who wishes to take his own part of the investment will be giving it. Bitcoin may tend to be more of a global thing soon enough.

MicroStrategy's aiming to become the richest company in the world. This will only become a reality if it keeps buying Bitcoin without selling. Saylor sure knows what he's doing. From being a no-coiner, to a Bitcoiner, I'm impressed what a "U-turn" that has turned out to be.

Rich people are noticing Bitcoin's true benefits. Even Donald Trump is in the game. If this keeps up, the whole world will adopt Bitcoin as its own. Maybe this will signal the end of Fiat? I sure hope so...

[Wind_FURY]

Surely any of us could make some kind of an assertion that Saylor/MSTR is running into dangerous territories.. blah blah blah.

Personally , it's not specific to Chad Saylor and his very large leveraged investment in Bitcoin, I wish it all the success because HIS success will be OUR success as well. I was merely saying that sometimes it's better to be careful because the Hubris/over-confidence  might be starting to take over his decision-making. If you ask me, that's OK if it's zero leverage. But with leverage, ANYONE, including the smartest investors in the world should be careful. A Black Swan could happen anytime.

[JayJuanGee]

Surely any of us could make some kind of an assertion that Saylor/MSTR is running into dangerous territories.. blah blah blah.

Personally , it's not specific to Chad Saylor and his very large leveraged investment in Bitcoin, I wish it all the success because HIS success will be OUR success as well. I was merely saying that sometimes it's better to be careful because the Hubris/over-confidence  might be starting to take over his decision-making. If you ask me, that's OK if it's zero leverage. But with leverage, ANYONE, including the smartest investors in the world should be careful. A Black Swan could happen anytime.

If we are specifically talking about Saylor/MSTR rather than people imitating him, then what do you think that the odds of BTC cutting in half or more and then staying there for 4-5 years or more?  Sure it could happen, yet particulars about how the supposed hubris is structured needs to be taken into account when you are throwing out your doom and gloom proclamations and suggesting "increasing" levels of hubris and over-confidence coming out of Saylor or his approach in regards to how the leverage is structured.  Sure some of the products could have overreach and leverage upon leverage, yet at the same time, it seems that you need to particularize what portion seems overly leveraged and could blow up under lesser circumstances.

I think that several of us have already acknowledged that there is more interest in Saylor/MSTR financial products as the BTC price is going up rather than when it is going down, so if the BTC price goes down and buyer interest dries up and buyers turn into sellers, then why does that matter?  MSTR stock price goes back to par or perhaps way below sub par and no one is buying MSTR for the next couple of years or more.  Is that going to last for 4-5 years when it comes time for him to pay off the balance of the loans?  Is Saylor not going to be able to service the loans at 1% per year-ish?

I have already discussed my own concern with his use of custodians.. yet you seem to be wanting to imply (or even argue) that the risk is much more than it seems to be, including that you seem to be suggesting that Saylor's strategy relies upon new buyers coming in, which largely is a Ponzi scheme, which I am not seeing that angle or the kinds of risks that you seem to be implying with your smarter than everyone else proclamations about supposed hubris risk that you are claiming to exist within whatever various products that are being offered.

I will admit that I don't understand all of the various financial instrument products that are being offered and the overlap that might exist in certain kinds of ways that there is some dependency on confidence or that the stock has a high price so they can sell some and buy bitcoin with it.. but then whatever they sell is replaced by bitcoin and the bitcoin could end up going down in price, but then the bitcoin is still owned by the company (the various shareholders).. so for example, if there might be some kinds of hidden leverage upon leverage, and I have not seen that to be described as an actual existing fact even though guys like you seem to be ongoingly proclaiming (or implying) something like that to exist, yet you continue to fail/refuse to particularize what is the actual risk that you are suggesting exists that are associated with supposed overconfidence and/or hubris. .and yeah, it seems that they are already accounting for the bitcoin price being volatile and even 70% swings in the price or more.. and maybe even the down periods being several years.. but then you are suggesting even worse downswings like 4-5 years or more? 

or do you think that MSTR could be in peril from something like a 3 year down trend in BTC prices?  I have my doubts that even a 3 year downtrend in BTC prices would be enough to put MSTR in peril, even though surely interest in MSTR and the price of MSTR would likely also go down, perhaps even greater than the BTC price..yet you seem to be implying that even lesser scenarios could bring them down.. yet you are also failing to specify what it is exactly.. which also causes me to suspect that you don't hardly know shit beyond just throwing out somethings you heard on mainstream media from folks who also don't  know shit, but they sound like smart people so you want to just say the same thing that you heard other seemingly smart people say... and surely some  of them are actually smart.. so I am not saying that smart people haven't been on the wrong side of bitcoin.. we know a lot of smart people don't get bitcoin, perhaps because they are too smart.  Remember the article about why the Yuppie elite do not get bitcoin?  There are a lot of smart peeps who still don't get bitcoin, and you seem to be listening to those folks when you are seeming to want to repeat in your continued spouting out regarding your unsubstantiated fears about too much MSTR/Saylor hubris.

[reefsea]

MicroStrategy is holding another special meeting for shareholders which will be held on January 21st. There are many proposals that are implemented by the company board of directors and it is possible that investors must agree with all the proposals made.


Source : https://x.com/LaDoger21/status/1877626982005092585?t=Qt91638ffaHnKHdAHPjWng&s=19

I take this step as a fairly serious process to get the green light from shareholders about several new proposals. their meeting after trump was inaugurated, yes that's good for them I think saylor can make it easier to get money again.

4 days ago saylor bought bitcoin, will he buy again considering the price of bitcoin has recently corrected.

[SuperBitMan]

Michael Saylor investment tracking chat for the 10th consecutive week, meaning that he may accumulate more Bitcoin this week, Michael Saylor is a motivation to many Bitcoin holders, he keeps accumulating Bitcoin no matter the price because he knows Bitcoin will keep growing in value.
With the way countries are talking about having a Bitcoin reserve you don't need a anyone to tell you that Bitcoin will become more valuable in the future a time will come where accumulating Bitcoin will not be as easy as this.


https://twitter.com/saylor/status/1878427303874633866?t=lkQ3mT71qYvR93ZRwrPqTQ&s=19

[JayJuanGee]

Michael Saylor investment tracking chat for the 10th consecutive week, meaning that he may accumulate more Bitcoin this week, Michael Saylor is a motivation to many Bitcoin holders, he keeps accumulating Bitcoin no matter the price because he knows Bitcoin will keep growing in value.
With the way countries are talking about having a Bitcoin reserve you don't need a anyone to tell you that Bitcoin will become more valuable in the future a time will come where accumulating Bitcoin will not be as easy as this.

https://twitter.com/saylor/status/1878427303874633866?t=lkQ3mT71qYvR93ZRwrPqTQ&s=19

We likely realize that there is a new Saylor practice to continue to buy bitcoin every single week as long as investors are still sending him money, and yeah in the past few weeks the quantities of purchases have been going down, yet the quantity likely just correlates to how much Saylor/MSTR is receiving...

The money management details are not completely clear, yet it seems that he (MSTR) might even be buying fairly early in the week, so by the time they announce how many they bought for the week on Mondy (or preannounce on Sunday), they already know all the details regarding how many they bought and how much the average cost per BTC and the various other details..

Some people speculate regarding when Saylor/MSTR are buying to suggest that he is buying on the weekends, and sure I suppose it could be possible that even if some buys might start on Monday, maybe they drag out through the whole week and there could be some lose ends still being wrapped up on Sunday by the time Saylor preannounces so largely by the time Sunday at midnight happens, then that week is over and the next week starts at Monday at 00:01. 

There are probably various internal timelines that they are trying to achieve and perhaps sourcing their coins and perhaps not trying to move the price while they buy, but they still might have a certain quantity of dollars that they are trying to make sure that the use for their purchases. and perhaps some last minute changes to add another $1 or $2 or something like that, from time to time... yet based on money available and probably not so much connected to whatever the BTC price might or might not be doing.  I know that people frequently say Saylor/MSTR is buying the dip, so I would not put it passed Saylor to have more than one strategy, even though overall they don't really seem to have very much price-related motives.

[Popkon6]

Beyond MicroStrategy: 7 More Publicly Traded Companies That Are Stockpiling Bitcoin
A growing number of public companies are stacking up Bitcoin as the asset becomes more valuable, emulating MicroStrategy's model.

Source link: https://decrypt.co/300470/beyond-microstrategy-publicly-traded-companies-buying-bitcoin

MicroStrategy's Bitcoin buying plan—once maligned by big businesses—has produced blockbuster profits for the software company amid the latest Bitcoin boom, pushing its stock price to all-time highs in recent months as its stash tops $40 billion worth of the coin.

And its success has inspired a crop of copycats, though MicroStrategy founder and Executive Chairman Michael Saylor probably doesn’t mind—he’s been advocating for such a movement for years now.

In recent months, several more publicly traded firms have greenlighted corporate strategies to stack Bitcoin as a treasury reserve asset, while others that have already invested in the cryptocurrency are building up their holdings of the asset.

Seeing the success of MicroStrategy, other companies have started holding Bitcoin, and this is the biggest success at the moment. Because MicroStrategy worked hard to achieve success in the beginning, and today they have reached the top of success.
They have held a total of 447470 Bitcoins, making MicroStrategy the top money holder of all current holding companies. In the future, they will hold more Bitcoin and I think 2025 will be a year of even more success for MicroStrategy.