When greed eats (rests) of brain
Where are the compliance & risk guys ? Kicked ?
Topic: 2021-02-26 Microstrategy’s Appetite for Bitcoin remains Unchanged (Read 96 times)
March 04, 2021, 10:52:37 PM
and today they have announced that they bought another 328 Bitcoin.
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
Is another American company that he knows buying bitcoin? I speculate that he might know something and that he might be buying now before the something he knows begins making a move on the market and pumps the price hehehe.
possibly!
Dont forget the "Bitcoin for Corporations" online conference they hosted
He is banking on the interest generated from that.
The general vibe from him is that he will continue buying regardless of price.
He is looking Long term and this year is still the "earky adopters" phase.
The market is not affected positively by this news, however. It appears that Elon and Saylor’s hype has been diminshing and traders are not anymore willing to take more leverage to pump the market.
What might be concerning is if more leveraged traders dump to close their trades, how low should be the price before it affects Microstrategy and Tesla’s solvency? Also, their stock prices are 30% - 50% down since buying bitcoin.
March 04, 2021, 09:11:29 PM
Recently, influential people began to support bitcoin: Tesla bought bitcoins for $ 1.5 billion, MasterCard allowed the cryptocurrency transaction. Therefore, it is clear why Michael Sailor decided to invest in bitcoin.
AFAIK, before Tesla buys a lot of bitcoin, Michael Sailor is already aware of bitcoin, and they have been buying bitcoin before those announcements from the other companies that you've mentioned.Microstrategy/Michael Sailor understands the scarcity of bitcoin. A very limited supply and just like the other companies who are stacking themselves sats, they know where this is leading. It's not too late for the other companies to follow them.
March 04, 2021, 02:41:49 PM
and today they have announced that they bought another 328 Bitcoin.
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
Is another American company that he knows buying bitcoin? I speculate that he might know something and that he might be buying now before the something he knows begins making a move on the market and pumps the price hehehe.
possibly!
Dont forget the "Bitcoin for Corporations" online conference they hosted
He is banking on the interest generated from that.
The general vibe from him is that he will continue buying regardless of price.
He is looking Long term and this year is still the "earky adopters" phase.
March 04, 2021, 01:45:51 PM
Recently, influential people began to support bitcoin: Tesla bought bitcoins for $ 1.5 billion, MasterCard allowed the cryptocurrency transaction. Therefore, it is clear why Michael Sailor decided to invest in bitcoin.
I think Michael Saylor did advice Tesla/ Elon Musk to invest in Bitcoin then he followed after that.We need more influential people to invest in Bitcoin to attain a new level of ATH price. We still have Facebook, one of the biggest and influential social media nowadays but I have a doubt about it if they are going to invest in Bitcoin.
We all know that Facebook is planning to make their own cryptocurrency in the past but we haven't heard about it anymore nowadays, maybe they are planning something bigger or they might be rethinking to invest in Bitcoin someday?
March 03, 2021, 07:20:11 PM
This investment will be in addition to the already owned 71,079 BTCs, which at the current price costs around US$3.5-billion. The use of convertible bonds to buy Bitcoin is not the first instance that Microstrategy is adopting such a maneuver. They have used it earlier too. After they make the investment, Microstrategy’s total holdings will be worth US$1.6 billion.
Its just nice to see those numbers and also worrying some knowing that they do possess out much of numbers of coins but somehow considering on percentage on overall circulation then this are small percentage.
These companies/institutions cant really ignore the fact that they can really make out money on using up their reserves in putting it to bitcoin and for sure they are also fully aware on the risk.
They are accumulating as much as they can, some does have bad impressions about it but everything do talks about consideration and adoption will always be a positive thing.
March 03, 2021, 04:14:16 PM
Recently, influential people began to support bitcoin: Tesla bought bitcoins for $ 1.5 billion, MasterCard allowed the cryptocurrency transaction. Therefore, it is clear why Michael Sailor decided to invest in bitcoin.
March 02, 2021, 01:56:17 PM
MicroStrategy revealed that they are going to buy an additional US$690 million worth of Bitcoin even after BTC crossed the all-time high (ATH) of US$50,000. The company’s CEO, Michael Saylor, said that his company intends to raise an additional US$690 million in convertible bonds to buy Bitcoin.
Its simple that their thrust will increase after getting good return from their previous investment. They have already purchased a good amount of bitcoin and if i am not making any mistake then still they are holding their coins. After them more new companies followed them and joined the bitcoin community by making their investment. This is the actual reason of bitcoin recent price pump and it will remain same IMO. In upcoming days we will see lot more companies like them and maybe some of them already made their investment but not sharing with press.I think we just know about short list of them where list can be get longer if everyone publish information about secret investment in bitcoin.
March 01, 2021, 11:52:06 PM
and today they have announced that they bought another 328 Bitcoin.
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
Is another American company that he knows buying bitcoin? I speculate that he might know something and that he might be buying now before the something he knows begins making a move on the market and pumps the price hehehe.
March 01, 2021, 11:42:34 AM
Michael Saylor is proving the world that he is very committed to the cause and he let us understand that by doing the only thing that matters: by putting his money where his mouth is. At this pace, MSTR will be considered like a bitcoin public entity!
March 01, 2021, 09:18:40 AM
and today they have announced that they bought another 328 Bitcoin.
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
They and Michael Saylor are very bullish on Bitcoin and will continue
to purchase Bitcoin at any price.
https://twitter.com/michael_saylor/status/1366375915559792640?s=19
March 01, 2021, 04:00:00 AM
MicroStrategy revealed that they are going to buy an additional US$690 million worth of Bitcoin even after BTC crossed the all-time high (ATH) of US$50,000. The company’s CEO, Michael Saylor, said that his company intends to raise an additional US$690 million in convertible bonds to buy Bitcoin.
This investment will be in addition to the already owned 71,079 BTCs, which at the current price costs around US$3.5-billion. The use of convertible bonds to buy Bitcoin is not the first instance that Microstrategy is adopting such a maneuver. They have used it earlier too. After they make the investment, Microstrategy’s total holdings will be worth US$1.6 billion.
https://medium.com/daily-highlights-crypto-analysis-news/microstrategys-appetite-for-bitcoin-remains-unchanged-ever-after-btc-crossed-the-ath-of-us-50-000-f98b24ae3a51
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