MicroStrategy took advantage of the weekend sell-off in bitcoin and bought more, adding to its $4.5 billion stake
View Reddit by LegitimateVirus3 – View Source
MicroStrategy took advantage of the weekend sell-off in bitcoin and bought more, adding to its $4.5 billion stake
View Reddit by LegitimateVirus3 – View Source
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The bigger news should be the 12k and 13k coins that left coinbase pro last week. Wonder who that was.
$5 Billion coming soon? 🤔
Yes, based on data, they keep buying until it peaks(ATH), then wait for it to drop then buy more.
They will buy more during sideways.
Bought the Dip right
Buying what everyone else was selling, if only I had a couple hundred million laying around
Oh that old good Microstrategy, never enough for you huh ?
tldr; MicroStrategy has purchased 328 more bitcoin for $15 million, representing an average price of $45,710, according to a filing made with the SEC on Monday. The firm’s stake in bitcoin is now worth about $4.5 billion. Bitcoin fell to a low of about $43,000 on Sunday, but it has since rallied 14%.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Microstrategy is the goat we were looking for