Leviathan.007 (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 07:43:24 AM |
|
Apparently, the Microstrategy, the company active in the field of business intelligence is endless, as the company's CEO Michael Silver recently announced another $15 million purchase. Silver announced on Twitter that the company had bought another 253 BTC at an average price of $59,339. Thus, the total Microstrategy assets reached 91579 bitcoins at a cost of $ 2.226 billion, which were purchased at an average price of $24311. At the current price of Bitcoin, the total market value of the company's assets reaches $ 5.376 billion, which has resulted in an unrealized profit of $3.15 billion or a 140% return. This recent microstrategy purchase is another evidence of Silver's strong belief in this leading cryptocurrency. Over time, and thanks to large corporate buyers such as microstrategy, the bitcoin ecosystem is evolving. Grayscale, was also the first company to launch the Bitcoin Mutual Fund in the United States, which played a key role in the evolution of Bitcoin. Source: https://cryptoslate.com/microstrategy-continues-to-bet-on-bitcoin-with-new-15-million-purchase/
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2422
Merit: 1370
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 10:16:20 AM |
|
Their average buying price is still far and they have a good decision for buying especially the dips. Microstrategy is one of the examples for doing the dollar-cost averaging (DCA) method for buying Bitcoin as time goes by and hodl it for the long term.
I heard some rumor before about Microstrategy that "already" or "will" use money from debt just to buy Bitcoin, which for me is not something good for their company. But for sure Michael Saylor knows what he is doing.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
davis196
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 11:04:33 AM |
|
Adding 15 million USD to a BTC portfolio,which is worth 2.226 billion USD isn't that much. Should we pay attention to such news? Everyone knows that Grayscale is very bullish and optimistic towards the future of Bitcoin. I guess that they will continue buying more BTC,even if there's a price correction. Their average buying price is still far and they have a good decision for buying especially the dips. Microstrategy is one of the examples for doing the dollar-cost averaging (DCA) method for buying Bitcoin as time goes by and hodl it for the long term.
I heard some rumor before about Microstrategy that "already" or "will" use money from debt just to buy Bitcoin, which for me is not something good for their company. But for sure Michael Saylor knows what he is doing.
Using debt to buy Bitcoins is a very risky move.Grayscale would need big enough reserves to pay off such debt,when the Bitcoin price starts going down.
|
|
|
|
Slow death
Legendary
Offline
Activity: 3122
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 11:20:27 AM |
|
I see a lot of companies buying bitcoin and then advertising in the news, they are gaining publicity thanks to bitcoin and many people who make Hodl are happy because the bitcoin price is increasing and they are making a lot of profit. But I ask:
years are past and the only thing that is changing are more investors and the price increase, but it is not increasing the number of countries that have officially legalized bitcoin and it is not increasing the number of countries that have officially allowed bitcoin to be accepted as a means of payment everywhere in the country, so are we really making much progress towards each person being able to use bitcoin as a means of payment in their country?
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Poker Player
Legendary
Offline
Activity: 1484
Merit: 2161
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 11:27:45 AM |
|
Yes, I follow Saylor and he is going all in with Bitcoin. He is not going to stop buying. Time will tell if he is a genious or a fool. I heard some rumor before about Microstrategy that "already" or "will" use money from debt just to buy Bitcoin, which for me is not something good for their company. But for sure Michael Saylor knows what he is doing.
That's not a rumor, that's news. They sold convertible debt to buy Bitcoin.
|
|
|
|
tranthidung
Legendary
Offline
Activity: 2380
Merit: 4188
Farewell o_e_l_e_o
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 11:39:59 AM |
|
Follow up the investments from institutes Newbies will always look at whales, so-called whales for their responses on the market. They rely on whales for their own thoughts but they rarely make right decisions. Doubt, uncertainty, fear and many emotional actions.
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3780
Merit: 6482
Looking for campaign manager? Contact icopress!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 01:54:40 PM |
|
Should we pay attention to such news?
It's another ~257 Bitcoin that went from circulation to institutional cold storage. It's not a big amount, so I guess that many won't pay much of attention to it, but it can be noted that the trend is still there. For some it can be a signal that they can keep buying, in case they were no longer certain.
|
|
|
|
Renampun
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 03:12:18 PM |
|
Yes, I follow Saylor and he is going all in with Bitcoin. He is not going to stop buying. Time will tell if he is a genious or a fool. I heard some rumor before about Microstrategy that "already" or "will" use money from debt just to buy Bitcoin, which for me is not something good for their company. But for sure Michael Saylor knows what he is doing.
That's not a rumor, that's news. They sold convertible debt to buy Bitcoin.salute to Michael saylor, a true Bitcoin buyer who is not afraid of risk... at a time when many people predict the price of Bitcoin will fall, Saylor continues to increase his investment in Bitcoin. it looks like he doesn't care about the bearish predictions at all.
|
|
|
|
mk4
Legendary
Offline
Activity: 2870
Merit: 3873
Paldo.io 🤖
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 03:27:17 PM |
|
salute to Michael saylor, a true Bitcoin buyer who is not afraid of risk... at a time when many people predict the price of Bitcoin will fall, Saylor continues to increase his investment in Bitcoin. it looks like he doesn't care about the bearish predictions at all.
To be fair, the markets as a whole seem to actually be bullish on bitcoin. The only bearish people are the naysayers like Peter Schiff, who are pretty much bearish regardless of price and market condition anyway.
|
Curated Crypto Airdrop Database
|
|
|
ilovealtcoins
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 03:41:13 PM |
|
Microstrategy has always been buying Bitcoin for a long time, not sure when it will stop buying. Miners currently tend to keep their bitcoins instead of selling them. Combining the above creates the scarcity of Bitcoin in the market. I believe Bitcoin will soon increase in value as the purchasing power is getting bigger and bigger as institutions and individuals are actively buying it.
|
|
|
|
DarkDays
Legendary
Offline
Activity: 2030
Merit: 1189
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 05:13:02 PM |
|
Apparently, the Microstrategy, the company active in the field of business intelligence is endless, as the company's CEO Michael Silver recently announced another $15 million purchase. Silver announced on Twitter that the company had bought another 253 BTC at an average price of $59,339. Thus, the total Microstrategy assets reached 91579 bitcoins at a cost of $ 2.226 billion, which were purchased at an average price of $24311. At the current price of Bitcoin, the total market value of the company's assets reaches $ 5.376 billion, which has resulted in an unrealized profit of $3.15 billion or a 140% return. This recent microstrategy purchase is another evidence of Silver's strong belief in this leading cryptocurrency. Over time, and thanks to large corporate buyers such as microstrategy, the bitcoin ecosystem is evolving. Grayscale, was also the first company to launch the Bitcoin Mutual Fund in the United States, which played a key role in the evolution of Bitcoin. Source: https://cryptoslate.com/microstrategy-continues-to-bet-on-bitcoin-with-new-15-million-purchase/This type of news is becoming more and more prominent which is definitely helping the market. I have come across many such news and it seems that more and more companies are seeing BTC as a real asset and alternative to gold or other investments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
DatKing
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1022
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 06:56:45 PM |
|
Apparently, the Microstrategy, the company active in the field of business intelligence is endless, as the company's CEO Michael Silver recently announced another $15 million purchase. Silver announced on Twitter that the company had bought another 253 BTC at an average price of $59,339. Thus, the total Microstrategy assets reached 91579 bitcoins at a cost of $ 2.226 billion, which were purchased at an average price of $24311. At the current price of Bitcoin, the total market value of the company's assets reaches $ 5.376 billion, which has resulted in an unrealized profit of $3.15 billion or a 140% return. This recent microstrategy purchase is another evidence of Silver's strong belief in this leading cryptocurrency. Over time, and thanks to large corporate buyers such as microstrategy, the bitcoin ecosystem is evolving. Grayscale, was also the first company to launch the Bitcoin Mutual Fund in the United States, which played a key role in the evolution of Bitcoin. Source: https://cryptoslate.com/microstrategy-continues-to-bet-on-bitcoin-with-new-15-million-purchase/MicroStrategy really likes to invest in Bitcoin. I'm hearing its name the most in these days. They don't prefer investing into Bitcoin with all the money they allocated for it at one go. They are investing nearly the same amount every time piece by piece at intervals. Maybe it could be some strategy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
livingfree
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 07:01:36 PM |
|
They're accumulating and understands what others don't. If Microstrategy is keeping as much as they can, we should do the same and we're already aware of the strategy that it's better to keep it rather than selling it if we don't need the cash by the time of selling it.
And with this news, I think this is the reason why we see bitcoin is stable lately.
|
|
|
|
Bilgent
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 518
Merit: 13
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 07:23:50 PM |
|
I wonder whether MicroStrategy will stop buying Bitcoin soon. After some time, they've bought another huge amount of Bitcoin worth $15m. They will be one of the companies which will benefit from the next big increase in BTC price a great deal surely.
|
██ ▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀ ▄ BYBIT │ reddit ▄ ▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀ ██► Sports & Derivatives Trading ► Mobile App for iPhone & Android ► 24/7 Customer Support ► NFT Marketplace ► Launchpad/Launchpool
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2422
Merit: 1370
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 01:36:15 AM |
|
The statistic shows that all were bought within the year 2021 this also indicates how bitcoin have witness high patronage from companies and individuals. I guess the bull run just started.
For me, MicroStrategy is very lucky, they have very big confidence since they bought a lot of cheap Bitcoin last August 2020, which the price of Bitcoin before was around $10,000 - $11,000. So recently we saw a lot of purchase transactions of Microstrategy and if total all their purchased Bitcoins, the average price is now already around $24,000. Which is still below the average price purchase of Tesla for sure.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
Silberman
Legendary
Offline
Activity: 2618
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 02:27:18 AM |
|
Yes, I follow Saylor and he is going all in with Bitcoin. He is not going to stop buying. Time will tell if he is a genious or a fool. I heard some rumor before about Microstrategy that "already" or "will" use money from debt just to buy Bitcoin, which for me is not something good for their company. But for sure Michael Saylor knows what he is doing.
That's not a rumor, that's news. They sold convertible debt to buy Bitcoin.Is not Michael Saylor already holding something like 90k+ bitcoins? He already positioned himself as a major player in the future, while most of the coins Microstrategy bought were at cheaper prices the fact that he is still buying even with the current prices tells us everything that we need to know about the new whales of this market, they are not going to stop buying and if the price goes down they will just think of it as an opportunity to buy for a discount, and this will make the upcoming crash to not be as abrupt as the one we saw in 2017.
|
|
|
|
mk4
Legendary
Offline
Activity: 2870
Merit: 3873
Paldo.io 🤖
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 02:47:49 AM |
|
For me, MicroStrategy is very lucky, they have very big confidence since they bought a lot of cheap Bitcoin last August 2020, which the price of Bitcoin before was around $10,000 - $11,000. So recently we saw a lot of purchase transactions of Microstrategy and if total all their purchased Bitcoins, the average price is now already around $24,000. Which is still below the average price purchase of Tesla for sure.
While we could say that luck is also a factor, it was also a really really smart move. They are probably aware that them, a decently-sized public company, putting huge amounts of money into bitcoin would most definitely pump up bitcoin's price; and it did happen once they announced it. It was like a low risk, high reward move for them.
|
Curated Crypto Airdrop Database
|
|
|
Darker45
Legendary
Offline
Activity: 2688
Merit: 1894
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 03:33:33 AM |
|
Microstrategy just doesn't stop stacking Bitcoin. And now it has almost a hundred thousand BTC in its portfolio. I hope the latest Bitcoin bought by Microstrategy wasn't coming from some retail Bitcoin owners who decided to sell because they already made some decent profit. I'm a bit worried that one day Bitcoin will only be focused among billionaire institutions.
Anyway, I wish Microstrategy would also start accepting Bitcoin as payment from their customers which include huge names such as Pfizer.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
0t3p0t
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 03:43:59 AM |
|
Apparently, the Microstrategy, the company active in the field of business intelligence is endless, as the company's CEO Michael Silver recently announced another $15 million purchase. Silver announced on Twitter that the company had bought another 253 BTC at an average price of $59,339. Thus, the total Microstrategy assets reached 91579 bitcoins at a cost of $ 2.226 billion, which were purchased at an average price of $24311. At the current price of Bitcoin, the total market value of the company's assets reaches $ 5.376 billion, which has resulted in an unrealized profit of $3.15 billion or a 140% return. This recent microstrategy purchase is another evidence of Silver's strong belief in this leading cryptocurrency. Over time, and thanks to large corporate buyers such as microstrategy, the bitcoin ecosystem is evolving. Grayscale, was also the first company to launch the Bitcoin Mutual Fund in the United States, which played a key role in the evolution of Bitcoin. Source: https://cryptoslate.com/microstrategy-continues-to-bet-on-bitcoin-with-new-15-million-purchase/Bitcoin really is a good long term investment most especially to those who has huge capital like the Microstrategy. They spend millions or billions of dollars in buying Bitcoin during dip and earn millions or billions when price goes up. That is one advantage for big players as they bring good news then something great happens as Bitcoin is a community driven asset.
|
|
|
|
so98nn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2021, 03:44:13 AM |
|
Thus, the total Microstrategy assets reached 91579 bitcoins at a cost of $ 2.226 billion, which were purchased at an average price of $24311. Wow thats crazy Break Even Point for the Microstrategy company. Gotta follow such people and their strategies in the market though we are not putting up millions in the market but at whatever amount we buy we should walk with them. If they are taking this much risk then they must be having Plan B to sell at highest possible prices. How to make the prices go up is there power, we just scoop the bucks in the process. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
|