Michael Saylor Keeps Buying Bitcoin

[hero_the_bossman]

Thanks for sharing , this is indeed a smart move from Strategy that gets basically interest free money but also quite a gamble for the buyers of those convertible notes who clearly expect to get Strategy shares in the future assuming their value will grow over time.

Strategy believes in its strategy, and people believe in getting their funds turned into something bigger with their shares about which you told: I do think the doom scenarios are just that, and we wouldn't hear much about them till the Bear doesn't knock on.

[OcTradism]

Thanks for sharing wasn't aware of this aspect , it is indeed a smart move from Strategy that gets basically interest free money but also quite a gamble for the buyers of those convertible notes who clearly expect to get Strategy shares in the future assuming their value will grow over time.

They are smart and they are different than truly degens like Terra founder Do Kwon or FTX founder SBF. Michael Strategy and his company, Strategy, initiated a very safe investment strategy and high chance of development for his company. Another thing that is important and worth to note, is Strategy is a company with many products, not only products related to Bitcoin. The company revenue does not only come from Bitcoin related products and it provides kind of shield for their business but at the same time it opens a space of potential growth for Strategy.

When their investors see the company good strategy with Bitcoin investment, they will aggree to spend more of company treasury for acquiring more bitcoin.

[Moreno233]

Michael Saylor is a visionary who believed in Bitcoin when others were in doubt. He will be remembered for his courage to hold Bitcoin and build a renown company through Bitcoin. People may call what he did risky but in reality, he has came out as a hero of Bitcoin in our generation. I think he has set a perfect example for us to follow which is to buy and keep buying even if others are doubting. I have learnt a lot from him and I am definitely following his footsteps, although in small scale.

[Japinat]

He keeps buying because he is convinced the company can expand a hundredfold.

“MicroStrategy is in a position where we can grow from a $100 billion enterprise to a $1 trillion enterprise to a $10 trillion enterprise”.

Saylor believes that BTC could reach $1 million in a decade, and $13 million by 2045. Source

These big investors always make high predictions, Tim Draper says that Bitcoin will be worth $250,000 by the end of 2025, I don't know if it's just optimism, or if they know something that we mere mortals don't.

If they have the capital to buy high volumes of bitcoin, why not buy? In the meantime, I'm struggling to get 1 BTC. 

Thanks to this big whales, they become the reason why bitcoin price keeps surging high. And Michael Saylor just serves a good example by not being fearful in the market despite how risky and unpredictable bitcoin is. If he can invest in such a large amount, then there’s no reason for us to doubt bitcoin and invest on what we can afford to lose. Bitcoin is the new digital gold, so we should make the most and accumulate bitcoin as long as we can, and be optimistic just like Michael Saylor.

[Hazink]

Strategy believes in its strategy, and people believe in getting their funds turned into something bigger with their shares about which you told: I do think the doom scenarios are just that, and we wouldn't hear much about them till the Bear doesn't knock on.

One thing about institutional investors is that they don't put all their eggs in one basket; they allow their money to work for them, and those who make the decision trust them with that.

MicroStrategy is doing just fine, and even in a bear market, I don't think we will hear any negative things about them, even if there is a drop in price and those convertible notes' value drops, which is controlled by the Bitcoin price. Some of those investors will consider it an opportunity to get more of those notes in order to get more of that free money when the price goes back up.

[adadrian]

i think michael saylor is great, imo he is the main guy i go for general advice and advise others to follow. he is logical smart and knows what he's doing. anything he does is gold!

maybe i idolize him a bit like warren buffet but he cant do any thing wrong in my book and i consider him the go to when it comes to bitcoin

[Sonia_123]

Michael Saylor Says Bank of England On the Brink Of Buying Bitcoin
Michael Saylor predicts Bank of England may buy Bitcoin as Reform UK pushes crypto-friendly policies and tax cuts.
https://coingape.com/michael-saylor-says-bank-of-england-on-the-brink-of-buying-bitcoin/
Bank of England may buy Bitcoin as Reform UK pushes crypto-friendly policies and a Bitcoin digital reserve.
Reform UK plans to cut crypto capital gains tax from 24% to 10% and ban bank “debanking” of crypto users.
UK’s first crypto-accepting political party aims to make the country a “crypto powerhouse” with new legislation.
Michael Saylor, co-founder of Strategy, has stated that the Bank of England may soon begin purchasing Bitcoin. His remarks come amid increasing interest in cryptocurrency adoption by governments and financial institutions worldwide.

[uchegod-21]

Micheal Saylor is a wise CEO.
In the history of bitcoin, no one bought bitcoin at anytime and regretted it.
CZ did it, although in the early stage and he didn't regret it.
Saylor has been doing it for years now and still remain in massive profits. He obviously is not gonna regret it. Just that they are buying bitcoin that poor men would have bought in the future. They'll likely try to monopolize the industry in the future. They will be so powerful that it is only Satoshi that can oppose them.

[tabas]

The dude has been buying even during the peaks of BTC's price. He's got one goal, and that's to be an oligarch of the market and control a lot of it. There are a lot of institutions that hold a lot of Bitcoin but let's see if this is a race to become one of those that holds a million of it. They know that they're going to have a significant power and influence on the market the more they hold. Michael has been open with the purchases that he's done and this is going to long term but don't be too a fanatic of him because who knows if someone he's starting to drop as much as they can.

[Danydee]

Thanks to this big whales, they become the reason why bitcoin price keeps surging high.

Yes, but for a sure and stable rise this is not the point.. hodlers and whales contribution is worthless!

Whats (Bitcoin) need, is it's use for  what it was originaly created for.. as currency !

Much transactions and exchanges would confer to it a high velocity..

If a big holder or a whale comes to make a big sell, the price will drop, but if there is a lot user using/acquiring bitcoin for common use, the effect will be much smaller, as there will be always a lot of buyers available. And vice-versa!

[Sanitough]

Good for him and good for us. He is part of the reason why bitcoin's demand keeps rising. I am sure this will not be his last purchase of bitcoin either. As I am sure that microstrategy will not be the only institution to invest in bitcoin treasury. Following microstrategy's lead, a lot of institutions (existing and new ones) have started acquiring bitcoin.

Anyway, this is all positive news but regardless my stance on bitcoin remains the same. It is valuable and I plan on buying more and holding for a while. With or without microstrategy making all these moves, I would still have this opinion on bitcoin.

Absolutely, MicroStrategy’s constant bitcoin purchases influence other institutions to finally invest in bitcoin as well. That only proves that when bitcoin is powerfully driven, all thanks to Michael Saylor, everything good will follow. Not to mention that bitcoin itself has underrated high potentials, so there’s no reason to doubt bitcoin nor hesitant to trust since everyone is already in a hurry to own even a small portion of bitcoin.

[OcTradism]

Absolutely, MicroStrategy’s constant bitcoin purchases influence other institutions to finally invest in bitcoin as well. That only proves that when bitcoin is powerfully driven, all thanks to Michael Saylor, everything good will follow. Not to mention that bitcoin itself has underrated high potentials, so there’s no reason to doubt bitcoin nor hesitant to trust since everyone is already in a hurry to own even a small portion of bitcoin.

The bottom line is not their determination in purchases but their successful story with profitable investment portfolio and their low-risk investment strategy. It motivates other rich companies in Wall Street have to analyze success of Strategy and try to immitate Strategy's successful investment.

To reduce unnecessary risk, these news institutional investors will immitate Strategy's investment strategy first, then they might consider to add some customizations or their own extra products after a while. New institutional investors will have to start as learners in this market and they are careful enough to avoid risk because with huge capital, if mistake made they will have very huge loss.

[michellee]

Saylor realize the benefit Bitcoin so the firm still buy. We should follow what Saylor's did so can have more Bitcoin. Although the amount will not be the same as Saylor, but we are prepare our future by having Bitcoin investment.

We don't want to be late to buy so we must continue what we did. Although we are different than Saylor but we have the same option to buy Bitcoin and use it for our investment. It will be no problem if we can just buy Bitcoin with small amount because that will be our way.

[As-Soon-As]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).
Saylor’s message is the same "Bitcoin is the superior treasury asset".

The world's largest company in terms of Bitcoin holdings, MSTR Michael Saylor, has collected Bitcoins, but they will continue to hold Bitcoins for the next few years. And their average Bitcoin purchase price has been able to accumulate 580,250 Bitcoins.
Their aggressive accumulation of Bitcoins is the biggest sign of courage for other countries and institutions. Some countries that are afraid to accept Bitcoin will definitely succeed in accepting Bitcoin by capitalizing on this MSTR COMPANY's aggressive purchase of Bitcoins.

[GigaBit]

MicroStrategy has been accumulating Bitcoin for a long time. Many companies are now following the company and plan about holding Bitcoin. Although other companies are not able to collect Bitcoin like MicroStrategy but many companies at the institutional level are becoming interested in holding Bitcoin. Michael Saylor has focused on accumulating more Bitcoin. They are accumulating Bitcoin regularly. MicroStrategy has 580,250 Bitcoin under its control and this amount will increase in the future. When the price of Bitcoin increases further, companies will have to spend more money to purchase Bitcoin. Those who are smart and can predict the future are already planning to hold Bitcoin. More and more companies around the world are following the MicroStrategy and the number of companies in the field will increase. Some of the companies are Semler Scientific, Boyaa Interactive, Metaplanet , Remixpoint, Cango , KULR Technology Group and Genius Group.


https://bitcoinmagazine.com/business/is-semler-scientific-adopting-microstrategys-bitcoin-treasury-playbook

[Sonia_123]

Michael Saylor Signals Another Massive Strategy Bitcoin Purchase.
https://coingape.com/michael-saylor-signals-another-massive-strategy-bitcoin-purchase/
Michael Saylor has flashed the telltale sign for another Strategy Bitcoin purchase that will bring it closer to the 600,000 BTC milestone.
Michael Saylor has hinted at yet another Bitcoin purchase for the eight-straight week.
Strategy is galloping toward the 600K BTC milestone after over five years of steady accumulation.
An incoming institutional Bitcoin purchase may halt the assets decline below $100K.
After seven straight weeks of steady Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to buy more Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a dead giveaway for a Strategy Bitcoin purchase announcement. A Bitcoin accumulation strategy sees MSTR up by 44% over the last three months, outperforming Gold, Tesla, and Nvidia.

[LDL]

Michael Saylor Signals Another Massive Strategy Bitcoin Purchase.
https://coingape.com/michael-saylor-signals-another-massive-strategy-bitcoin-purchase/
Michael Saylor has flashed the telltale sign for another Strategy Bitcoin purchase that will bring it closer to the 600,000 BTC milestone.
Michael Saylor has hinted at yet another Bitcoin purchase for the eight-straight week.
Strategy is galloping toward the 600K BTC milestone after over five years of steady accumulation.
An incoming institutional Bitcoin purchase may halt the assets decline below $100K.
After seven straight weeks of steady Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to buy more Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a dead giveaway for a Strategy Bitcoin purchase announcement. A Bitcoin accumulation strategy sees MSTR up by 44% over the last three months, outperforming Gold, Tesla, and Nvidia.

Michael Saylor is constantly increasing his Bitcoin holdings, especially today, Michael Saylor purchased 705 Bitcoins worth $75.1 million. Michael Saylor's total Bitcoin holdings are 580,955, meaning he has a Bitcoin holding of sixty billion dollars. However, for Michael Saylor, investing in Bitcoin is not a problem; he is ready to buy any amount of Bitcoin at any time.

[batang_bitcoin]

Michael Saylor is constantly increasing his Bitcoin holdings, especially today, Michael Saylor purchased 705 Bitcoins worth $75.1 million. Michael Saylor's total Bitcoin holdings are 580,955, meaning he has a Bitcoin holding of sixty billion dollars. However, for Michael Saylor, investing in Bitcoin is not a problem; he is ready to buy any amount of Bitcoin at any time.

Yeah, I've read it on the news[1] that he purchased another 705 BTC's again. He's very consistent and he does talk with his pocket and does the actual thing of buying Bitcoin. While many are still in disbelief of what Bitcoin is capable of as an asset and store of value, he doesn't mind them but does his own thing and he knows where this is going.

[1] Saylor's Strategy acquires 705 BTC for $75 million for 8th week in a row

[xzone]

Saylor realize the benefit Bitcoin so the firm still buy. We should follow what Saylor's did so can have more Bitcoin. Although the amount will not be the same as Saylor, but we are prepare our future by having Bitcoin investment.

We don't want to be late to buy so we must continue what we did. Although we are different than Saylor but we have the same option to buy Bitcoin and use it for our investment. It will be no problem if we can just buy Bitcoin with small amount because that will be our way.

Of course it's great that big investors are investing in bitcoin. But we've seen many famous names like Saylor buying bitcoin before. One day when bitcoin starts to fall, Saylor will be sure to say that he sold his bitcoins before it started to fall, making money even from the fall.
We all know this scenario, don't we? We live in a world where such big financial experts will always make money. Everyone who invests in bitcoin will be making money until they start selling, but we will never know when they sell

[Ever-young]

Michael Saylor is constantly increasing his Bitcoin holdings, especially today, Michael Saylor purchased 705 Bitcoins worth $75.1 million. Michael Saylor's total Bitcoin holdings are 580,955, meaning he has a Bitcoin holding of sixty billion dollars. However, for Michael Saylor, investing in Bitcoin is not a problem; he is ready to buy any amount of Bitcoin at any time.

I think you are missing up things here Micheal Saylor is the one who usually announces the buying and acquisition of bitcoins for his company Micro Strategy which he owns a measure share in that company and a big decision maker, his personal hodling have not been updated and made public for a long time now the figure you mentioned above belongs to the company and not to him personally and they are still very much in for more accumulation.