I am going to breach the two posts in a row rule, since it has been a couple of days since my last post - which I believe that the passage of time might be an exception to the double post rule... and I am wanting to raise some new points that I have been kind of thinking about in the past days, even though they are somewhat related to my last post.
Essentially, I just wanted to say that I just noticed that in early September Saylor/MSTR had disclosed that they were going to sell $500 million of MSTR equity rather than the $200 million amount that I had used in my buying on the dip example above. Yet at the same time, I still have not really heard much if any news of their having had bought much if any BTC since early September, which likely means that they could have a decent size budget for buying more BTC.. That is if they had actually followed through with the selling of the additional $500 million equity as was in the original disclosure.
Of course, there was one purchase of around $6 million in mid-to-late September in which they bought 301 BTC in the $19.5k price arena to put them over 130k BTC, so they still may have a lot of that $500 million - if they have already ended up selling some MSTR equity?
I kind of already grown attached to my buying on the dip laddering example from my earlier post.. which would be $15 million for ever $1k drop in the BTC, price, and of course, there are quite a few ways that such buying on the dip laddering approach could be supplemented, including but not limited to adding more to the buying amounts by increasing the amounts or even buy tightening the laddering increments, every $500 rather than every $1k or even front loading it in the event that it might be determined that preparing for such long-shots, such as $3k BTC prices is not a good way to allocate fiat that is sitting on the sidelines,
Another thing that they could do is to just allocate some of their budget to a more rigid DCA, whether that is buying daily (like El Salvador is doing) or buying weekly.
I have no problem with either daily or weekly buys when the amount that might be bought would be considerably more than the normie amounts of $10 per week or something like that.
Like I mentioned in the El Salvador thread, there could be a way that MSTR/Saylor were to tie a daily buy amount to their average cost per BTC... so if MSTR's average cost per BTC is currently in the $30,638 price arena (
as fillippone calculated in this post), then maybe MSTR could use their average cost per BTC as a way to figure out how much BTC that they would buy - whether that be daily, weekly or some other interval.. and they could even use a multiplier if they wanted to buy more BTC during any periodic basis that they might choose.
For any of us normies, we might want to start some kind of a similar BTC buying behaviors, too.. and it might even be more justifiable for anyone who might be underwater.. but anyone could join into such a DCA solidarity activity... I am going to have to think about if there might be some kind of a plan that I might want to implement... but mine would be much smaller amounts than either the 1 BTC per day that El Salvador is doing or my proposal of a DCA plan that MSTR could adopt.