MicroStrategy Buying Bitcoin like it is nothing
Michael Saylors Tweet:
MicroStrategy has acquired an additional 14,620 BTC for $615.7 million at an average price of $42,110 per bitcoin. As of 12/26/23, MicroStrategy now hodls 189,150 BTC acquired for $5.9 billion at an average price of $31,168 per bitcoin.
MicroStrategy going all-in or has gone all-in on Bitcoin like a poker player with an unbeatable hand and they excelling and would make crazy profits in the next bull run. cheers to Michael Salyor, his company Microstrategy and their Billion dollar bets and holding an impressive crypto in their portfolio. Michael Saylor's company although he is no longer the CEO but part of the board members as of last year when he stepped down and promised that Microstrategy will continue to more Bitcoins whereever the company has spare cash, even though he is no longer the CEO.
Microstrategy is now $2.21 Billion in profit on their $5.9 Billion dollars investment in Bitcoin. Microstrategy is the king of DCA (Dollar Cost Averaging) and That is just outstanding, legendary move and history that will be taught in the business schools for years to come. I mean these guys are buying Bitcoin like its tooth pick, Michael saylor and his company should leave some Bitcoin for us. The latest Bitcoin acquisition from Microstrategy is a bold testament to Bitcoin's superiority as a treasury asset.
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I'd really enjoy $2.2 Billion in profits right about now. That'd be swell.
I bet everyone would buddy, but not everyone would take the risk he took.
True that. He really looked like a fool just about a year ago. Not so much now.
Exactly