Microstrategy Buy more Bitcoin

[Wiwo]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

[DeathAngel]

Provided a link for you -
https://www.coindesk.com/business/2021/11/29/microstrategy-bought-about-7k-bitcoins-in-fiscal-fourth-quarter-for-414m/?outputType=amp

[KingsDen]

Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time.
Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.

[sunsilk]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

It's not new if it's from Microstrategy.

They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip.

But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.

[DaveF]

And they are going to keep buying at these prices. We don't know at what USD / BTC ratio they would start aggressively selling off, but we have to assume it's well above where we are now in terms of pricing. I don't seem them getting out anytime soon. They seem to buy more on the dips, but keep buying no matter what.

-Dave

[nelson4lov]

Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time.
Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.

If the big boys are buying rather than selling, that should tell you of what's to come for Bitcoin. The objective price for this bull run is $100K and bitcoin is around 80% - 95% away from that price target so they see the current price as an opportunity. I used to think $20K was too high for Bitcoin back in 2017 but it had stayed above $20K for nearly a year now.  Microstrategy is a firm that knows what they are doing. Thru won't buy unless they know the market would appreciate.

[uneng]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

It's not new if it's from Microstrategy.

They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip.

But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.

Yes, good for them they are doing this since 2020, holding a total balance over 3,5$ billion dollars in bitcoin. Microstrategy adopted bitcoin as treasury reserve asset due to the irresponsible action of governments during the pandemic which intensified money printing to stimulate the economy artificially and to give emergency welfare packages to every citizens in need.

Knowing how fiat currencies are going to increase its devaluation process for that reason (the global traditional economy is messed up), bitcoin became an interesting option for protecting their funds on long run. And I believe Microstrategy will keep buying more bitcoins yet.

[hatshepsut93]

Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.

If you already bought Bitcoin when it dropped to $30k earlier this year, why buy it again now during a correction? Could have just bought more back then and had more unrealized gains now. I'm sure that their "buy the dip" campaign is just a way to influence the market and stop Bitcoin from falling, because they are very deeply invested in it.

[stadus]

Good news but not surprising at all as they have been buying bitcoin ever since. Just like El Salvador who would announce anytime that they bought bitcoin again at dip to take advantage of the cheap price, these are news that will not create hype anymore but would educate the investors that a dump is not always bad, instead, an opportunity for the smart investors to buy.

[romero121]

MicroStrategy keeps on counting the number. Once again this time with a big number. It keeps adding the bitcoin holding to its reserve, making use of every dip. Following this other corporate firms will also start doing the same. This isn't surprising as said, but it keeps doing big thing. Right now it holds about 0.58% of bitcoin's circulating supply. This makes them strong holder of Bitcoin. It has bought at an average price of $26769, and if the market price reaches $100k just think it's holding volume growth. This is just amazing.

[Slow death]

I wonder why every time they buy bitcoin they need to tell the whole world that they buy bitcoin? Oh I know, they do this to encourage other people to buy and the price goes up again and they make a profit. imagine if the price of bitcoin drops to $25000? Will they buy more bitcoin again and how will they get high profit using their strategy? are they thinking that the price will reach over $100,000?

[Hypnosis00]

And these rich people, big companies will start making their journey in crypto like what they did in the stock market. As they now see that this has become a profitable and growing investment, they take advantage of it. They have the money and market knowledge which enough for them to start and they will keep buying as long as they can.

And as Microstrategy buys more, the more they will extend their power in crypto. As expected, they'll become more aggressive this time.

[GreatArkansas]

This is one of the best examples that Bitcoin will stay, one of the best examples for those people who hate or don't believe in Bitcoin or telling Bitcoin is a scam.
Microstrategy is a big company and they are serious about this, buying Bitcoin for their balance sheet.

For every dips, Michael Saylor (Microstrategy) keeps buying those Bitcoin who are being dumped.

[Fundamentals Of]

The whales are taking advantage of panic sellers and weak hands. Microstrategy now has more than 121,000 Bitcoin in its stash. And the way I look at it, Michael Saylor's Microstrategy doesn't have any plan to end buying the dip. There will definitely be more dips in the future and Microstrategy will probably be jumping on them.

For us who have only very little, let us not sell them to the whales. They've enough already. We should hold the little that we have close to our heart. We don't need whales.

[bitterguy28]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

if they continue to purchase then we will all happy  ..

i stopped buying when bitcoin hit 50k again last month as i anticipate a dip but I'm wrong , now i am waiting for another below 50k
to purchase more covering my mistakes recently.

MicroStrategy keeps on counting the number. Once again this time with a big number. It keeps adding the bitcoin holding to its reserve, making use of every dip. Following this other corporate firms will also start doing the same. This isn't surprising as said, but it keeps doing big thing. Right now it holds about 0.58% of bitcoin's circulating supply. This makes them strong holder of Bitcoin. It has bought at an average price of $26769, and if the market price reaches $100k just think it's holding volume growth. This is just amazing.

hope that many whales do the same now till December .

so my dream 6 figures will finally broken this 2021 in which the bullying of all years.

[Mahiyammahi]

While short trader's and panick seller's got panick and busy to sell their asset's Microstrategy get it in right hand.

 I remember I get sleep by watching it 53k dump I was expecting more dump but it's get pumped huge on sudden and boom when I get up its 57k .

That's why they are always winner. We should hold it not get panicked.

[virasog]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

Whales and institutes know the value of bitcoin and hence keep on accumulating on every dip. It is the retail who sell when they see bitcoin price dumping and whales are accumulating it. Also you can see that the reserves of bitcoin at exchanges are decreasing as people who are buying it, have no intention of selling it.

[Vannie12]

For those who started when bitcoin was still at 25,000 like myself, its hard to decide when to buy as some are expecting cheaper value before giving in. Well what would we expect, as it is getting more famous, we will be experiencing a lot of these. Hodl on mates. It was a very interesting 3 years of observing the charts.

[macson]

The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

yeah, i saw this news going viral on twitter, after the president of el salvador ^(nayib) announced their country is buying bitcoin again, this time in good news it also comes from the CEO of Microstrategy.  Bitcoin price volatility will continue to attract investors to continue to make profits from bitcoin, lucky for those who have a lot of money and then buy bitcoin when it is dip.

[cabron]

News like this one doesn't surprise people in the crypto space anymore since they have been doing it since they saw the light. Even the president of El Salvador has become a maniac whale because he had already bought 100 more BTC for his country. I guess this country will be one of the big whales too in the future.

The users who did some DCA and continue to do so every time there is a dip are also the ones bolder enough to make thier fortune.