Topic: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ - page 4. (Read 22662 times)

The actual point is even the smartest people in the world, with their Doctorates, Degrees and Nobel Prize awards, can lose their whole businesses because they believe they can't lose - Hubris. Plus because of the high volatile nature of Bitcoin's price and the probability that a Black Swan is always around the corner, I'm merely saying it's better to be careful than to lose everything if anyone would be in Chad Saylor's shoes.

  ¯\_(ツ)_/¯

Ouch..

snap..



What a zinger.

What will I do? 

Oh my.  Oh noes.



By the way, I stand by my earlier post in regards to your not really adding any value to the discussion or your assessment of supposed risks, and yeah, that is just my opinion about the triteness and seemingly lack of substance behind your earlier post(s).. add this latest one to the list, too.


I had to look up the meaning of LTCM.. hahahahahaha.. .. long term capital management...ok... fair enough.. that comes off as a pretty smart sounding kind of an idea that may well potentially apply to the situation.. perhaps?  perhaps?

What craziness is our world. 

Still after further pondering over the matter, I doubt that the substance of what you are saying or what you had been seeming to want to say has been helped by your throwing in some terms to try to help you to look moar smarter.. think about it?  LTCM... #justsaying.

I am not even trying to pick on you, and it seems to me that you should have taken the hint the first time around and in terms of my first responsive post, and just attempted to figure out why I posted what I had posted, rather than trying to continue to imply that there is some kind of unrecognized depth within your earlier asserted precautions about MSTR.. as if you were some kind of a financial guru, when it seems that the more you post, the dumber seems to be the results... and.. no need to take it personally, but think about it.. It is like the folks who ongoingly and continuously proclaim that bitcoin is a bubble, bitcoin is a bubble, bitcoin is a bubble.. Sure from time to time, they are going to appear like they might know something and they might be correct, but there still tends to be little to no depth in those kinds of superficial and seemingly largely uninformed proclamations that come out of folks who are trying to sound as if they were smarter than they are.. but at least they have an opinion and they are not willing to say it, right? 

I really doubt that I have any burden to attempt to describe to you what MSTR is doing or the risks beyond your seemingly superficial and seemingly il-informed assessments of what you seem to believe that they are doing and what you seem to believe the risks to be.


Holy shit you are a dumbass, and even irritating for making up shit.

What is your information source that MSTR is going to sell bitcoin at $1million or at any other price, especially when it seems that the actual information about what they will do or what they intend to do is the exact opposite, so why the hell are you just making shit up about what you believe that they are going to do?  Do you have a brain?

It is not yet certain when MicroStrategy will sell their invested bitcoins. MicroStrategy Company's Bitcoin buying streak has continued since a few years ago. They currently announce every week on twitter that they will buy bitcoins i.e. they need the green dots. Accordingly they are now buying bitcoin every week which has increased their bitcoin investment a lot. If I'm not mistaken, MicroStrategy may have bought the most Bitcoins of 2024.  Today Michael Saylor revealed on Twitter that his company purchased a total of BTC258,320 Bitcoins in 2024. The bitcoins they bought this year are worth $22 billion dollars.

MicroStrategy Company has collected Bitcoin again and is ready to hold it for a long time, they have a total of 447470 Bitcoins. They are very close to collecting half a million Bitcoins but will soon bring their holdings to around 0.5 million. However, I definitely like their holdings because they are constantly holding Bitcoins step by step, but I am more confident that they are moving in the right direction and will soon reach success.
Because their holdings will be held for the next few years, where they have decided to sell each Bitcoin for $ 1 million. They are busy raising money to buy more Bitcoins later, but we will see the good news of their buying Bitcoins in the next step.

I may hardly be saying anything according to your opinion, and I respect your opinion. But ar the end of this discussion it's only that. "Your Opnion", which may or may not matter depending on who you're having the discussion with.

  ¯\_(ツ)_/¯

I believe even the smartest group of people comprising of Nobel Prize laureates have also experienced failure in leveraged investing.

Study L.T.C.M.

Well, decreasing purchase doesnt mean that they are running up some low funds or allocation on buying out and for sure there's a specific reason for it.The thing you've said that they are already purchasing on via DCA method instead of weekly then they have changed up their strategy yet if we do really that having that in depth understanding that buying up on DCA method specially on corrections will yield more profits rather than on buying up on weekly basis in disregard about the price on which we know that if they do make out some peak entry then it will be basically be affecting out their % gains on which this one is understandable. They are here for the money and they will be maximizing it as much as possible. Honestly, it is really that good that these institutions/company etc. are making up that big accumulation or simply showing up that huge trust towards Bitcoin but as the long time you've been seeing those numbers that they are holding then it cant be avoided that you will be having some kind of inner fear that they are that one day be loading off those bags and will be making out that significant impact on the market. Well, we do know that anyone does have their rights on selling out their bags for profits. Lets just that focusing out more on how these actions do really shows off some good exposure towards the entire popularity of Bitcoin on which this will be helping out on overall adoption and recognition as we do go ahead.

Yes Microstrategy announced that they will be accumulate more bitcoins today. They have been investing in the DCA method for a long time, But currently they are buying bitcoins on weekly basis for few months. Interestingly earlier they invested in DCA method but did not buy bitcoins on weekly basis.
They purchased a total of 2,138 bitcoins last week, and today they purchased a total of 1,070. Microstrategy's Bitcoin buying amount is slowly decreasing. Maybe they could announce a smaller amount of Bitcoin purchases next week.

He's so open regarding on his intention that he want to buy more Bitcoin and they don't have any plan to stop.

See this one.


You can read it here for more details of that information written by Morning Star MicroStrategy's latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin

With those plans they publicly shown to masses provably it can hype a lot more people. We are now heading back again at $100k so for sure that anytime soon we gonna cross again on 6 digits level. Hopefully we can see Bitcoin reached at $120k since this is really great figures to see for all Bitcoin holder.

I guess he has done like some airlines, they give you a longer arrival time than the actual average, so that then when you arrive you are happy that you arrived early.


Well, I think a minimum of 6% in the years 2026 and 2027 is not that far-fetched, plus now with the increasing institutional adoption that is anticipated plus state adoption it doesn't look like we are going to have as pronounced a bear market as in previous cycles. You have to think that if the USA set up the strategic reserve to acquire 200K bitcoins per year, it would be 550 bitcoins per day, and only 450 are mined.  That's not counting the rest of the demand.


Seeing how the price has gone this week I don't think it's huge. The only way it could be huge would be if it has started selling convertible debt apart from what is left of the ATM to buy bitcoin during this week. But for me the most interesting thing is that it is doing weekly DCA, we will see how long it lasts. I as an investor hope he can do weekly DCA for a long time because it increases my bitcoin yield.

I think Michael Saylor is about to accumulate another huge amount of Bitcoin, I really can't tell the amount but I believe it will be huge.

From my perspective, up until now, Saylor has tended to project future plans and outcomes in relatively conservative ways (even though they seem outrageous to someone like a no coiner), so his actions and performance have largely been outperforming expectations, so there would be any problems if Saylor/MSTR actions ended up contributing to yields that would be higher than expectations for 2025 and beyond.

I suppose if facts start to contribute towards lower expectations they could end up downwardly revising 2026 and 2027 expectations.  

I am a little bit surprised that he doesn't downwardly project for 2026 and 2027, since those well could be bear markets, and I would expect that demand for Saylor/MSTR products are likely to follow cyclical patterns - even though at that same time, none of us can definitively proclaim that bitcoin's cycle is going to persist - even if such cycle has persisted so far.. so future projections of a cycle seems like it should be a starting default projection rather any anticipation that such cycle will disappear.

Does anyone else think this is going to fall short?



As they stated on October 30, 2024 in the third quarter results presentation and at the same time the presentation of the 21+21 plan, the yield aimed at for the years 2025, 2026 and 2027 is between 6 and 10%. But that was before they knew that the program was so well received that the $21B in the MTA is almost gone.

I think Saylor is going to keep buying every week if he can, and so far we have nothing to indicate that he won't, so I think the annual yield, at least this 2025, will be well over 10%.

MicroStrategy has a long-term plan to hold Bitcoin, they will hold Bitcoin for a long time, it is currently the best and largest Bitcoin holder company. MicroStrategy has helped the Bitcoin buying strategy to take shape the most. To deal with this current situation, he sold his company shares and made a Bitcoin buying decision. I like this the most because the Bitcoin holding will be long-term, so it is the only reliable and will take them closer to half a million Bitcoin holding.
Saylor last purchased Bitcoin on December 30, 2024, their total Bitcoin holding so far is 444262 Bitcoins. So this time they will definitely buy a large amount of Bitcoin so I hope that the Bitcoin holding will definitely touch half a million.

This guy does not stop. Let's see the latest:

MicroStrategy to Target a Capital Raise of Up to $2 Billion of Preferred Stock

Basically to the $21B+$21B plan they add another $2B in preferred stocks. They must have seen that there is demand for it. We'll see how things play out early this year. There is little ATM stock left to sell and relatively quite a bit more convertible debt to add to this. More remains to be seen on the outcome of the vote to be able to sell a lot more to buy bitcoin, which will likely be positive.

There are so many people criticize him about his decision but he's not bothered with those criticism and discouragement he get from people who doubt about Bitcoin, Rather he show to those people his huge purchase also the gains of his company thru holding Bitcoin and make those doubters realize that they are wrong with what they have said earlier against him.

Its really cool to see a personality and institution like Michael Saylor/Microstrategy to have this strong belief of Bitcoin since what they do including those big institutions and governments supporting it this coin would really have bright future ahead.

Trumps administration nearly comes and let's see how he gonna take approach on Bitcoin and what good policies he will created to help Bitcoin gain more attention on the mainstream.

Michael Saylor says, "We sold $1.5B of stock backed by $500M of BTC. We bought back $1.5B of #Bitcoin, capturing nearly a BILLION dollar gain in the arbitrage.

To be honest Michael Saylor is the father of Bitcoin investment, his really taking Bitcoin investment very serious and his succeeding, he has already seen that Bitcoin is a very good asset to invest on, some set of people thinks his doing a very stupid investment because his putting so much money in Bitcoin and if Bitcoin crashes he will be in a big problem and then I ask what will make something that has not reached half of it's growth limit to crash Bitcoin investment is not a Ponzi scheme where everything crashes all of a sudden, yeah we all know that Bitcoin is volatile by nature but it's volatility has not stopped it from growing and can't even stop Bitcoin, volatility has been part of Bitcoin since it's creation and when ever there's a dip in Bitcoin is an opportunity for people to accumulate more with less price.
Right now MicroStrategy targets up to $2 billion capital raise through public offerings of perpetual preferred stock in the first quarter of 2025, Michael Saylor is not backing down on Bitcoin accumulation and Bitcoin is not backing down in it's growth.



https://twitter.com/Vivek4real_/status/1874992913316450606?t=mefFy08XRrURpzx6Z46d3Q&s=19

Don't worry about saylor, he has learned from his bad experiences so he will be more careful in the future. He has been in the attention of the bitcoin community because of his steps in accumulating bitcoins in large amounts and he continues to repeat until the btc in the portfolio reaches 442262 btc for the time being.

He stands by his own idea, he continues to buy and hold it. Saylor has also supported the proposal for trump, that's amazing isn't it and we'll see how trump answers.



Source : https://bravenewcoin.com/insights/michael-saylor-champions-trumps-bitcoin-reserve-proposal-to-shape-u-s-crypto-policy

You are implying hubris where none exists.... and so further showing that you are not even analyzing where the substantive weakness might be in his actual strategy versus your imagination of what is the strategy and the mood.

I will admit that Saylor has shown more and more confidence, arrogance and therefore short-fusedness within various public presentations/interviews in recent times, yet that still does not necessarily arise to the level of hubris if you are not understanding what he is doing or systematically why it is working and going to continue to work..


You are hardly saying shit.. except for reiterating the superficial mommy nanniering of what you had already said.   

If you are going to continue to attempt to show some vulnerabilities in regards to why whatever Saylor/MSTR is doing beyond normal risks of bitcoin, then maybe you should attempt to study the topic a wee bit MOAR better...

I think Saylor already admits that buying MSTR versus directly buying bitcoin is likely to include higher levels of volatility including that if BTC is going up then MSTR is likely to go up even faster, and would also mean that if BTC is going down then MSTR is likely going to drop faster - so the mere fact that BTC might be going down or sideways and MSTR is dropping is not an unknown, yet dumbass opportunistic folks like you will look at MSTR and point out the obvious that it is dropping faster than BTC and therefore proclaim that MSTR could go to zero.. blah blah blah.. which is almost retarded since we already could have had foretold that such drops were going to end up happening from time to time.. including in the past several weeks.. MSTR peaked out in early November, and BTC peaked out in mid-December.. and yeah we cannot be sure when or if BTC is going to recover in order that MSTR might or might not recover at a similar time (perhaps before or perhaps after BTC's recovery if it comes?)...

Guys have already asked me, in this thread, why I don't own MSTR - and truly I give few shits about it in terms my own personal holdings - and of course, I am not opposed to it, and surely I see some folks (including institutions/governments) who are ONLY able to get exposure to BTC through owning something like MSTR (or the financial products offered by MSTR). and other folks who want to play the MSTR volatility, and so I find no problems with guys having those kinds of interests or getting price exposure to bitcoin in those kinds of ways... and with anything in the market - there can be considerable periods in which some product/asset might be over or under priced towards what any of us might consider that it should be, so each of us needs to figure out our exposures and various risks (and/or benefits) that might come through our allocation actions.  Of course, it is possible that MSTR could blow up while bitcoin does not, yet I doubt that there are too many odds that BTC blows up  and MSTR doesn't, so surely betting on MSTR is an additional risk on top of BTC - especially since in the last 4-ish years, MSTR has refocused its whole company to mostly be a bitcoin play, even though they have been claiming to still be getting around $100 million-ish income per year in the company's original internet/business intelligence (or whatever the fuck they do?) product.

I'm sure he knows what he's doing, and that he also probably has financial advisors around him. BUT, never let Hubris take the better of you and your decision-making. An investor may look like a genius today, but a Black Swan is called a "Black Swan" because it shows us plebs that the most unlikely outcome has a higher probability of happening.

I am merely saying, Be Humble Be Careful.

Is that bad to post?

   ¯\_(ツ)_/¯

Iam already worried for him because he isnt using the actual Bitcoin, I hope it never matters but theoretically it already seems over speculation to just buy and hope price goes up.   Its the kind of thing that seems like it would make Buffet right with his ideas and I definitely dont agree with Buffet but Im pretty sure BTC must be used to actually be a bullish asset in usage and price, the actual use matters more of the two imo.