DCA At Its Best: MicroStrategy has purchased an additional 12,333 Bitcoin worth $347 million.
MicroStrategy has acquired an additional 12,333 BTC for $347.0 million at an average price of $28,136 per Bitcoin . As of Today the 27th of June, 2023, MicroStrategy holds 152,333 $BTC acquired for $4.52 billion at an average price of $29,668 per Bitcoin.
Congratulations to Microstrategy on their smart decision of adding an additional 12,333 Bitcoins to the Bitcoin wallet/portfolio, setting themselves up for a massive profit when the Bull run comes and the price of Bitcoin skyrockets as it should and as we all expect it to. In my opinion, I do not think there is anyone that has mastered the act of Dollar Cost Averaging and of taking the opportunity of the current bear market price of Bitcoin like Micheal Saylors company Microstrategy.
Since the bear market started there have been a lot of rumors about Microstrategy feeling the pressure of the bear market, which will lead to them selling off a lot of their Bitcoins if not all of it but as always MicroStrategy has proven to be diamond hands, and has proved them wrong time without number, and today they have done it again with their shopping spree of 12.3k extra Bitcoins worth almost half a billion dollars, bringing their current stack of Bitcoin to 152,333 Bitcoins which is worth
$4.52 billion, currently their Bitcoin investment is already in profit and the Bull run has not started yet.
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Posted Using LeoFinance Alpha
Saylor is either a genius or an idiot
I think genius!
He is a genius 100%, because crypto is not going anywhere.
Yo creo que es una estrategia digna de un gran visionario.
Tiene buena visión y definitivamente tomó la decisión correcta.