What is MicroStrategy planning?

[pakhitheboss]

I assume we all are aware of MicroStrategy and incase if you are not then you should do a google search or check their website. They claim they are a business intelligence software company which I have no doubt when I read about them investing heavily in Bitcoin. Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.



A single entity that is constantly accumulating Bitcoin and is also able to acquire loans from financial institutions using Bitcoin as collateral to buy more Bitcoin leads to suspicion. One thing I am sure they will be controlling the USD value of Bitcoin in the future and this might not sound alarming for many here but it can be very bad if they side up with financial institution.

[BlackHatCoiner]

Their CEO is simply in the mood of it or as we call it, he's "orange billed". Elon Musk and Changpeng Zhao also own lots of thousands. Not to mention the CEO of Grayscale.

[seoincorporation]

...
Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.

Right now 19M Bitcoin have been mined in total, and there are 2M Bitcoins to mine in the next years. So, if they are holding 125,000 btc that's 6.25% of the mined bitcoin in the future.

I mean 125k bitcoin is a lot but is not compared with the 2M bitcoins that will be mined in the next years.

[mindrust]

I assume we all are aware of MicroStrategy and incase if you are not then you should do a google search or check their website. They claim they are a business intelligence software company which I have no doubt when I read about them investing heavily in Bitcoin. Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.

[img]https://i.imgur.com/1ark6FOl.jpg[/im]

A single entity that is constantly accumulating Bitcoin and is also able to acquire loans from financial institutions using Bitcoin as collateral[/ur] to buy more Bitcoin leads to suspicion. One thing I am sure they will be controlling the USD value of Bitcoin in the future and this might not sound alarming for many here but it can be very bad if they side up with financial institution.

Isn't Michael telling everybody what he is planning? As far as know he is holder of the last resort now which means he is a supermaximalist which will hold his bitcoins forever and get every coin he can lands his hands on.

Just watch a few videos of him on youtube and you'll get the idea pretty quick.

He definitely is in love with bitcoin.

[livingfree]

There's a need to edit the last paragraph due to the URL lacks one more character.

[/ur]

I'd say that it's no longer a secret what Microstrategy has been doing. It's always on the page of the media whenever they buy. There's really nothing we can do if this and the other companies plan to control the USD value based on what you think.

Bitcoin is for everyone including these financial companies and it is that they know the advantage of accumulating before it skyrockets. So, they're free to buy as much as they can and I'll do the same if I can.

[tranthidung]

I can not say words on behalf of MicroStrategy. What I wrote might be right or wrong but it is only based on my understanding and my own thinkings

• We knew well that total supply of BTC is 21M (a little less than 21M). Anyone who don't know, please check Controlled supply
• In another presentation, you can see that in the end of 2032-2036 era (any day in 2036, let's assume in middle of that year, May to June), 99.2% of all BTC in total supply will be mined, then only 0.8% BTC left for mining till around 1 more century, 2140 year
• Now, let's do a simple math. 0.8% of 21M ~ 168k BTC
• Next, how many BTC MicroStrategy has owned so far? Check there https://bitcointreasuries.net/. It's 125k that is not too far from 168k. Amazing
• Their plans? Perhaps trying to accumulate to around 168k or more than that, then in 2036 they will shill it massively on the Internet. It would bring massive positive hype on the market

[Odusko]

The truth is micro strategy has not been clear on their motive times their operation and manifestos go against the philosophy of Bitcoin and the entire cryptocurrency but micro strategy holds a large amount of Bitcoin and is still buying more. Well I will see them as an anti-crypto company who have discovered that decentralized digital currency can never be controlled by any individual or government.

[teosanru]

I assume we all are aware of MicroStrategy and incase if you are not then you should do a google search or check their website. They claim they are a business intelligence software company which I have no doubt when I read about them investing heavily in Bitcoin. Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.



A single entity that is constantly accumulating Bitcoin and is also able to acquire loans from financial institutions using Bitcoin as collateral to buy more Bitcoin leads to suspicion. One thing I am sure they will be controlling the USD value of Bitcoin in the future and this might not sound alarming for many here but it can be very bad if they side up with financial institution.

Honestly speaking, this is dubious since the very beginning, it's okay to buy a few bitcoin in your portfolio as a company just to make sure you have invested in all types of assets but a company buying bitcoins solely for the purpose of investment and that also when the company isn't itself an investment company is very shady. The next thing is I really didn't know that they are now starting to buy bitcoins using by taking up loans and putting bitcoin as collateral because this generally is risky for that bank as well. The total worth of bitcoins that MicroStrategy holds is more than 5.3 Billion dollar and it still is committed to buy more, this will obviously lead to too much centralization of bitcoin. Also I am very sure they are not buying it for investment because if it is for investment then Microstrategy could have a hard time selling off these bitcoins when it comes to realize their investment.

But yes one con I see here for MicroStrategy themselves is that if they continue to buy more and make it centralized, eventually the other holders are going to give it up seeing it's utility getting over and then it will be really difficult for microstrategy to maintain it's price.

[aoluain]

I assume we all are aware of MicroStrategy and incase if you are not then you should do a google search or check their website. They claim they are a business intelligence software company which I have no doubt when I read about them investing heavily in Bitcoin. Now, the fact, they have accumulated more Bitcoin to date than those that will be mined over the next hundred years of mining the first Bitcoin.

[img]https://i.imgur.com/1ark6FOl.jpg[/im]

A single entity that is constantly accumulating Bitcoin and is also able to acquire loans from financial institutions using Bitcoin as collateral[/ur] to buy more Bitcoin leads to suspicion. One thing I am sure they will be controlling the USD value of Bitcoin in the future and this might not sound alarming for many here but it can be very bad if they side up with financial institution.

Isn't Michael telling everybody what he is planning? As far as know he is holder of the last resort now which means he is a supermaximalist which will hold his bitcoins forever and get every coin he can lands his hands on.

Just watch a few videos of him on youtube and you'll get the idea pretty quick.

He definitely is in love with bitcoin.

Absolutely he is telling everyone what the plan is, I get multiple tweets per day exuding
positivity. Bitcoin for him and Microstrategy is the only financial safe haven in a very
uncertain financial future and to top it off having a monopoly on it is key.

Its ok to be suspicious but there is no other way to stop him other than taking the
remaining Bitcoin off the table buy buying and not selling.

[avikz]

That's why I always say that promoting and buying bitcoins by the corporates, is not a good thing. Some corporates have so much money, they can easily buy majority of the bitcoins circulating in the market. Then they will have the controlling power of the price and they will control the supplies. It's exactly the case for MicroStrategy. It will lead to centralization of the greatest decentralized cryptocurrency which will not be great for small investors like us.

But unfortunately, we can't do anything about it due to the free market around the world. No once can stop them from buying more and more bitcoins. It will not be a great thing to happen with bitcoin market when a single entity/consortium of corporates gets the upper hand.

[skarais]

That's why I always say that promoting and buying bitcoins by the corporates, is not a good thing. Some corporates have so much money, they can easily buy majority of the bitcoins circulating in the market. Then they will have the controlling power of the price and they will control the supplies. It's exactly the case for MicroStrategy. It will lead to centralization of the greatest decentralized cryptocurrency which will not be great for small investors like us.

But unfortunately, we can't do anything about it due to the free market around the world. No once can stop them from buying more and more bitcoins. It will not be a great thing to happen with bitcoin market when a single entity/consortium of corporates gets the upper hand.

We know that they have the financial power to buy bitcoins in bulk, but I believe in the end they also don't have complete control over the price and make it like a centralized currency. I really hope they get that kind of control on a decentralized currency like bitcoin although we can't stop them from buying a lot in the market.

Whatever institutional investors are planning so far is expected to support bitcoin being adopted more out there by other companies and businesses although we have concerns about the possibility of increasing price controls in the future.

[suzanne5223]

The truth is micro strategy has not been clear on their motive times their operation and manifestos go against the philosophy of Bitcoin and the entire cryptocurrency but micro strategy holds a large amount of Bitcoin and is still buying more. Well I will see them as an anti-crypto company who have discovered that decentralized digital currency can never be controlled by any individual or government.

Yes, they haven't cleared their motive but if you the MicroStrategy when they first started they claimed to be an independent investor business intelligence company for an organization or huge investors, and if you follow most of the daily tweets of their CEO you'll know that their motive about Bitcoin positive. Besides, I can tell you that this company, CZ, and other influencers who are bullish are on Bitcoin are the reason why Bitcoin gained recognition among top and powerful people.

[Leviathan.007]

The truth is micro strategy has not been clear on their motive times their operation and manifestos go against the philosophy of Bitcoin and the entire cryptocurrency but micro strategy holds a large amount of Bitcoin and is still buying more. Well I will see them as an anti-crypto company who have discovered that decentralized digital currency can never be controlled by any individual or government.

From what we know about the CEO of MicroStrategy Michael Saylor we really believe in bitcoin usually trying to collect as many bitcoins as he can also there are some other theories that are not really true for example some people say Michael Saylor wants to control a big share of bitcoin holding so he can control over the market also by raising the price long term he and his company can even get double profits

[hatshepsut93]

Your own chart says 2040-2140, not 2022-2122, so you can't say "the next 100 years".

Microstrategy is now a Bitcoin investing company, because of how deeply they became tied to Bitcoin. Performance of their stock strongly depends on performance of Bitcoin. This can be either a genius move or a major disaster, basically a huge gamble. Recently Saylor told that all companies in the world should put their money into Bitcoin. Which is insane, because the world shouldn't depend on the price of a tiny less than 1 trillion asset.

[crwth]

We cannot do anything about it anymore, but that’s their plan. Since they can do that and they are continuously accumulating more and more, then do you have just probably made their most intelligent and riskiest decision ever. They can and will be dependent on Bitcoins volatility, so a significant company like that would be great to have in the community.

Plans to make them even richer for sure.

[pakhitheboss]

Nothing can stop them! It is proven with the amount of finance they are getting from fiat based financial institutions.

I am not questioning what will they do with those Bitcoins. I am questioning what will happen if they continue buy Bitcoin using banking and financial institutions money.

To be realistic this doesn't sound okay for me.

[pawanjain]

It's a free world and everyone has their right to buy bitcoin whenever they want and howmuchever they want.
Bitcoin is there to be grabbed by everyone and it's just how much one believes in it.
The only concern here is that what they do with the amount of bitcoin they hold.
As far as they don't use it to manipulate the bitcoin price then I am happy that they are so much into bitcoin.