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Michael Saylor’s MicroStrategy doubles down on Bitcoin bet with new $10 million purchase

Michael Saylor’s MicroStrategy doubles down on Bitcoin bet with new $10 million purchase



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16 Comments

  1. Not sure if that’s ‘doubling down’, though. They’re already committed, and it’s not as if 10mil is a significant amount, in comparison to what’s at stake here.

  2. For those wondering how 2022 is different than 2018, this is one big reason. We didn’t have huge companies and countries buying and holding Bitcoin.

  3. YOUNG BANKER
    From the time you guys started
    talking, Bear Stearns stock has
    fallen more than 38 percent. Would
    you buy more now?

    BRUCE MILLER
    (unsure)
    Sure. Yeah. I’d buy more. Why not?
    Awkward silence.
    Mark whispers into his mic…

    MARK
    Boom.

  4. I don’t think it’s good if one player owns such a big stake of the cake. They should rather sell some of it and make Bitcoin more decentralized in terms of ownership.

What do you think?

Everyone thinks they are “too late” to bitcoin at first, and they never are.

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