Topic: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ (Read 22662 times)

They already own a lot of Bitcoin as a result of regularly purchasing Bitcoin, which means their company is already profiting a lot from those Bitcoin holdings. The amount of their base Bitcoin holdings you mentioned is the wrong, because you said their Bitcoins are 45,000 thousand. Instead, it would be 450,000 (which was last week). They have currently profit 6120 bitcoins from their base bitcoin holdings. As they have disclosed their profit amount according to last week's bitcoin holdings which will increase further in the this week.
Maybe the purpose of increasing his bitcoin reserves is to buy bitcoins. MichaelSeller has published a framework where he wants to earn $81 trillion from the USA's Bitcoin reserves.

You may be mixing up MSTR's bitcoin, and Saylor's personal stash of bitcoin.  Saylor likely has more than 30k BTC in his personal stash.. He has not disclosed very many specifics about his personal stash except that he bought  more than 17k bitcoin in mid 2020, right before MSTR bought its first BTC tranche. . I think that it was around late 2022 or maybe it was early 2023 when he said that he was buying more personal BTC when he was selling some of his MSTR options.. which could have fairly easily doubled the size of more than 17 k that he announced in mid-2020.

Anyhow, my only point is that if he is talking about his personal BTC stash, then that's different from MSTR shares, and sure, if Saylor dies, there may well be some successorship for the company, yet I am personally not aware of what the Company successorship might be.

There are some questions about Saylor's BTC ownership if he dies later.

Saylor gave two words, he will burn his BTC key. And he will also donate his BTC to charity.

With the statements that have been issued by Saylor on several podcasts, of course, the future picture of Saylor's BTC ownership will die if he burns the private key.

But why think about it, we feel anxious because he can sell his BTC at once, even better, because at the same time the price will drop and we have the opportunity to buy at a low price.

Yes, I would like to say that Michael Saylor not only profits by depositing Bitcoin, but also shows a clear picture of how his company is profiting by holding valuable Bitcoin. Micro Strategy's base Bitcoin holding was 45,000 Bitcoin. He was able to make 1.36% earing profit on his Bitcoin assets. With the profit, he will get the opportunity to buy an additional 6,120 Bitcoins. This is his profit. Saylor makes this calculation by assuming the Bitcoin price as 105,000 as the market price. That is,

6,120 × $105,000 = $642.6 million.

With the time, Michael Saylor is increasing his Bitcoin reserves and he is constantly making profits there. In a very short time, the amount of his assets will  increase significantly due to the rise of Bitcoin price. Michael Saylor is providing real evidence of the power of Bitcoin holding.

https://za.investing.com/news/cryptocurrency-news/microstrategy-just-delivered-642-million-in-bitcoin-to-investors-3515410

MicroStrategy Just Delivered $642 Million in Bitcoin to Investors




This amount represents the gains from MicroStrategy treasury operations alone. As noted by Saylor, this notable performance reinforces the company’s commitment to "maximizing shareholder returns."
The MicroStrategy executive chairman clarified with his post that the company remains focused on utilizing Bitcoin as a core pillar of its strategy. That is, Bitcoin remains key in delivering long-term value to its shareholders.

Link: https://u.today/microstrategy-just-delivered-642-million-in-bitcoin-to-investors


Microstrategy Every activity of the company is very beautiful which makes shareholders more confident about the future, Saylor has encouraged his Bitcoin to be more long-term. Because he has seen the maximum benefits in these few months, he has asked shareholders to focus on Bitcoin long-term investment. Saylor is wise because he is more cautious about the future of Bitcoin, he is Saylor to invest in Bitcoin to raise more money.

Already, big traders in the market have started reserving bitcoins.




source: https://x.com/BitcoinForCorps/status/1882024931812376745?t=1M5ZRKY3eiXuPgAgS13jnA&s=19

You (hZti) might need to read through the thread or even get some more ideas about Saylor/MSTR and their BTC approach.

They are not trading and/or trying to play BTC's price waves, so they will just largely ride out any BTC price waves, and presumptively they would not have as much capital coming in during the dipping periods.. So yeah, you are correct that Saylor's money lenders would dry up.. new money would not be coming in.. but that does not mean that the money has to flow out, because Saylor/MSTR owns all the BTC that they buy and the have already accounted for the debt, so they would still have to service the debt, in dollars and at close to zero interest rates.   

Sure, personally, I would think that a better strategy for MSTR is just to keep buying no matter the BTC price, and to have cash reserves set aside to just keep buying no matter the BTC price, since surely most of the new buys (weekly and sometimes more often in recent times) are coming from new money coming in, and so Saylor/MSTR is the hotest game in town and will be able to continue to buy since there seems to be a lot of interest and appetite for what he is offering.  I personally believe that they have enough cash reserves that they could structure a buy BTC no matter what the BTC price (on a weekly or even monthly schedule) that could well be scheduled out for 48-60 months or longer.. yet I am merely speculating that Saylor would employ such a buy no matter what strategy, even though he has stated several times that he/MSTR is "buying no matter what" and also buying tops which comes with the territory of using hype money to buy.... but when the hype money dries he could still buy, but as far as I have heard, he has not stated that buy no matter what on the way down too to be an actual concrete strategy that they have scheduled out.

So many guys, like you (hZti), ask about Saylor/MSTR's BTC sell strategy (as if it were some kind of an "obvious" necessity to consider blah blah blah), which you guys are delusional. ..since MSTR does not have a sell strategy.. They specifically, explicitly and repeatedly have asserted that they don't have a BTC sell strategy, which implies they don't need such strategy and they do not plan to change their minds and to start to have a sell strategy into the future.  

Sure, at any time, MSTR/Saylor could change their mind(s), and they could announce a BTC sell strategy, but that would undermine their credibility in regards their repeated, specific, and explicit statements about not having a sell strategy or planning to have a sell strategy.. so I doubt that it would be anything even close to a good idea or even a logical outcome that they would announce any such sell strategy or to adopt one. .. The only thing that I might contemplate as their potential sell strategy would be if they or their custodian got hacked or if the US Govt (or some other government) held a gun to their head(s) and told them that they have to sell or face the consequences.. and sure those could playing out as sell strategy scenarios that could end up being consequences of having so many coins that they have to manage.. .. not specifically high odds of happening, but still not out of the realm of "shit that could happen."

I mean it is obvious that this would be the right thing to do, but there is a reason for the word "cryptowinter" because it was many times already where people lost all hopes. Lets see if those people will be Sailors money lenders or not.

^ I would say he would just buy more.
That would be it.
 

I have to tell that I have not yet read every page of this topic, but did Sailor at one point said what he would do with his bitcoin holdings in the future. What is his scenario for a bear market, when the price of bitcoin will potentially become lower that his purchase price?



Are there any more specific informations about this? What kind of company did buy the bitcoin and what is the purpose of the purchase for the company?

As I suspected before, Saylor is chasing the 500k bitcoin target to be happier, more powerful, more satisfied and to make himself more of an investor who prefers to use DCA.

Regular purchases every week, that's good, isn't it, he buys in large quantities.

Big investors follow the news on X, They are hiding looking for profits in a short time at the same time Saylor is executing purchases.

However, the amount of btc owned by microstrategy is already quite large and the average entry has reached $63k or so. It seems that it will reach the average target of $70k or so if he pursues to have 500k btc.

Surely Saylor can end up throwing us off when he had established a pattern of weekly announcements (at least for the past 11 weeks), so then when we start to feel that we had his system figured out - which was generally buying BTC through the week, preannouncing towards the end of the period (mid-to-late Sunday), and then announcing more specifically the actual results on the next day (Monday morning).

Now if Saylor ended up doing a mid-week roll.. then I would imagine that he is merely announcing additional BTC buys that were not included in the prior announcement (which happened to be the day before and perhaps the buys ending within around a day or less before the announcement of the specifics)... . .

I doubt that there is any need for Saylor to be restricted towards any specifics, except that he is going to buy ongoingly and persistently either as additional money comes in or using some money from reserves that he might have.. and for sure, I would imagine certain events (such as the shitcoiner Trump's inaugeration), more money coming in may well would have had taken place, and perhaps Saylor/MSTR might feel some need to both buy and announce in a fairly expedited way since the additional amount was a lot and perhaps it serves some additional hypening, and many of us might be coming to realize that the amount of money coming into Saylor/MSTR is likely enhanced from both outside hypenings and even Saylor/MSTRs own fact-based hypening. .

and maybe another thing that so many times might be understated is that there are trillions of dollars (perhaps around  $120 trillion or more) inside of various inferior corporate bond type instruments, so then the addressable market for the number 1 (referring to Saylor/MSTR) bitcoin purchasing machine happens to be humongously greater than the amount so far tapped into.  In other words, Saylor/MSTR is so far barely tapping into such corporate bond market, and they have generated (somewhat customizing) such a superior product, that it continues to be quite attractive in the luring of corporate bond capital from less superior products to more superior products.. .which continues to be holy fucking shit for the rest of us watching... which causes Trump's various little shitcoin and shenanigan scams seem like a mosquito in comparison to the legitimate by the rules ways that Saylor has been carrying out these solid ways to accumulate actual bitcoin (hoping that his custodians and his ways of holding the coins are sufficiently solid).


There is some humor in the construction of your statement in terms of your admission that you are a bit of a fuck up, yet you are trying, and you would like to try even harder.

Kind of reminds me of Boxer from animal farm.

Would you like a quote?

Ok.. I will provide a description of Boxer, anyhow.

>>>>>"Whenever something goes wrong, he blames himself and vows to work even harder.
His favourite sayings are 'Napoleon is always right' and 'I will work harder'. He is the strongest animal and could easily fight off the pigs and dogs."<<<<<

Which reminds me of another quote somewhat notorious in my own life experiences.  I had a boss once tell me that he did not care how hard I worked or whether I had good intentions to get the work done, he said that he wanted results (implicitly good results).. hahahahahaha..

From time to time, funny things can happen in life..even if those things might not be so funny while they are in the midst of happening.

Microstrategy is currently investing in Bitcoin with a large amount of money. They update their investments every day on their official Twitter page. Their investment strategy is such that they are investing at almost every level of value. Even if the market is dumping a little, they are investing a lot and if the market is pumping, they are investing a lot.  

Another post from this Twitter page purports to have the 47th president's company buying bitcoins for a much larger sum of money. If this continues, we will soon see the price of Bitcoin touch $200k. Because these big companies are investing huge amounts of money in Bitcoin, new companies will be interested in investing.

https://x.com/saylor/status/1881397480610500685?t=6K4rk8te8Nd3ZGofP3XTqA&s=19

I didn't actually see the important discussion you two had, so I wasn't able to comment on it. I've already made a lot of comments here, sorry about that. By the way I'm saying I won't make any more comments here. The Bitcoin purchases that MicroStrategy announces every week, even with that announcement I don't want to post any more in this thread in the future. I will trust that you will give me a chance to make amends.

According to my statement, Each bitcoin they purchased today was worth $101,191 i.e per Bitcoin price $101,191 dollars.

You are earning a spot on my ignore list. I will give you the benefit of the doubt but not for much longer. You can't have commented so many times in the thread  and not know that what he did today is to announce the bitcoins he had bought last week.

You make me think that you only come to the thread to see if you catch any merit.

Last week JJG and I commented on when purchases are made and if you had read it you wouldn't say that nonsense about yesterday he didn't buy and he bought today.

Microstrategy and Michael Saylor have made it clear, the plan is to keep acquiring more bitcoin and hodling.
The recent purchase further solidifies their position as a major player in the bitcoin market. I think they’re the no.1 hodling company in bitcoin right now only behind countries like USA. They have seen the long term profitability of bitcoin and are taking advantage of it now, soon other big companies will follow their lead including Microsoft which has refused to add to theirs.

Your statement here means the total value of the bitcoin purchased today is $101,191, not the price per bitcoin

As time goes by, Microstrategy is buying more Bitcoin. This company is significantly increasing their investment portfolio by regularly purchasing Bitcoin. Currently, they have only one goal, and that is to buy Bitcoin at any price. MicroStrategy announces every week before buying Bitcoin that the green dot is needed, but this week they showed a difference. Yesterday was the inauguration of the US president so they may not have bought Bitcoin yesterday, but they did buy Bitcoin today.

They bought BTC11,000 Bitcoins together today, the value of the per Bitcoin they purchased today is $101,191.



https://x.com/saylor/status/1881688755096174607?t=kzw-stoowVUTp-8MDJxCbg&s=19

Another BTC11000 for ~1.1billion
Now total holding~ BTC461,000


https://x.com/saylor/status/1881688755096174607?t=f8MmuvHxl5Km-ZCiXn7fMw&s=19

MicroStrategy plan is to make more green dots, they told us like this months ago and in January 2025, they made 2 more green dots.
https://saylortracker.com/

Two latest purchases were made on Jan 06 with 1070 BTC and Jan 13 with 2530 BTC.

Their CEO Michael Saylor posted on November 24, 2024.

They accumulated bitcoin so quickly, from 331,200 BTC at the time of that post, to 450,000 BTC now and total capital increases from $31.15B to $48.39B.

It sounds to me like he's going to wait until tomorrow to tweet about purchases made last week because he's hoping that in Trump's speech, or perhaps an executive order signed later today, will drive the price of bitcoin higher. As well as tweeting about his purchases when the US stock markets are open.