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MicroStrategy buys more bitcoin for $489 million in cash – Saylor likes the dip.

MicroStrategy buys more bitcoin for $489 million in cash – Saylor likes the dip.



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18 Comments

  1. Is it just me, or does it seem like all the FUD is to get retail investors to sell, so large hedge funds and other institutional investors can buy in bigly, and for cheap?

  2. He’s only down $65,000,000. I’m sure he’ll bounce back.

    It’s wild. Can you imagine a regular person losing $65,000,000 dollars? That kind of loss would still be destroying my great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great-great grandchildren.

  3. tldr; Software company MicroStrategy has bought 13,005 bitcoins for around $489 million in cash. The average purchase price per bitcoin was $37,617, the company said. This comes after the company completed its $500 million offering of secured notes last week. One bitcoin is currently priced at around $32,500.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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