Topic: Microstrategy shareholders letters that more bitcoin would still be bought - page 2. (Read 335 times)
April 17, 2022, 05:14:48 AM
Michael Saylor is what Rover Ver used to be. A true bitcoin believer and a holder of the last resort. He is not only words. He puts his money where his mouth is and that's a rare quality nowadays. MicroStrategy showed us they are not into the short term play. They believe in bitcoin and that means they will hold it to the very end.
April 17, 2022, 05:10:49 AM
Recently and especially during the last months, we hear a lot of good news about Microstrategy buying more bitcoin and increasing their bitcoin savings which are not new for us anymore, while many people and organizations believe Microstrategy is mistaken because they did a lot of investing in bitcoin if you check the prices where they bought bitcoin you can understand the average of the prices were lower than the market and that's how they plan to get benefits however since they didn't sell any bitcoins(as far as I know) the amount of their profit is still unknown and unrealized.
April 16, 2022, 06:31:26 AM
You can further see the news I shared on this thread:
https://bitcointalksearch.org/topic/m.59136161
Micro strategy has always been positive in Bitcoin adoption and the director has said severally on his holdings and always makes it clear how he and his company are ready to buy more Bitcoins as their all-in for Bitcoin long-term goal. Micro strategy in one of the institutional holders of Bitcoin.
https://bitcointalksearch.org/topic/m.59136161
Micro strategy has always been positive in Bitcoin adoption and the director has said severally on his holdings and always makes it clear how he and his company are ready to buy more Bitcoins as their all-in for Bitcoin long-term goal. Micro strategy in one of the institutional holders of Bitcoin.
April 16, 2022, 02:12:51 AM
I think they have a long term goal that's why they continue to acquire and accumulate bitcoin through the years. It might be different for average Joe like us who are in a budget. But we will continue to do and try to buy it at every dip or even DCA'ing.
Maybe there are also other companies who secretly buying bitcoin in bulk, or if not a company a entity, a whale who understand how bitcoin can make them more money in the future.
They do not have a "strategy" really, they just think that long term results of crypto would be a lot better than buying any stock and that is not a bad idea at all. If you look at the long term results of crypto, you could see that it is great and they are not like buying shiba or something, they are buying bitcoin and that is good enough if you ask me.Maybe there are also other companies who secretly buying bitcoin in bulk, or if not a company a entity, a whale who understand how bitcoin can make them more money in the future.
I wouldn't assume that they know what they are doing, maybe they could be wrong, any company could be wrong but since I agree with them and do the similar things for myself, I believe they are on the right path. That is all I can imagine right now of course, not really something I can guarantee.
April 15, 2022, 08:51:54 AM
The good thing about them is they don't dump and tweet some negative comments after it as the known billionaire does. It's really good to see such a company keep buying bitcoins, adding to their wallets despite all of these nonstop critics. They know what the future brings so they keep buying it and they already know that the supply will be scarce in the years to come. By the time the people realize that they, in reality, bitcoins are what they need, Microstrategy will take the last laugh.
I mean, they have literally been throwing sizeable amounts of MicroStrategy's balance sheet into BTC so there's literally zero reason to FUD it lol. In contrast to those billionaires you're referring to that are likely to only have sub 1% of their net worth in BTC.
April 15, 2022, 06:50:13 AM
The good thing about them is they don't dump and tweet some negative comments after it as the known billionaire does.
It's because Saylor is bullish on bitcoin and will continue to be like that as he sees opportunity on it.
It's really good to see such a company keep buying bitcoins, adding to their wallets despite all of these nonstop critics. They know what the future brings so they keep buying it and they already know that the supply will be scarce in the years to come. By the time the people realize that they, in reality, bitcoins are what they need, Microstrategy will take the last laugh.
He has his narrative behind and no one can dictate him. Yes, he could be one of those visionary who thinks ahead of time, sort of paranoid but in a good way because if everything falls into pieces and bitcoin hits 6 digits in the future, Saylor and Microstrategy will be one of the biggest winner.
April 15, 2022, 06:18:55 AM
The good thing about them is they don't dump and tweet some negative comments after it as the known billionaire does. It's really good to see such a company keep buying bitcoins, adding to their wallets despite all of these nonstop critics. They know what the future brings so they keep buying it and they already know that the supply will be scarce in the years to come. By the time the people realize that they, in reality, bitcoins are what they need, Microstrategy will take the last laugh.
April 15, 2022, 05:18:51 AM
Microstrategy is really that serious to load as much as bitcoin they can in an average way. Seriously after Saylor becomes so active and shopaholic on btc, its market continued to attract some investors too and the bitcoin market already become so far a little bit stable compared on before. I think it was Microstrategy that become a solid foundation or outlet for holding btc within its massive community.
April 15, 2022, 04:36:11 AM
I am always hearing many good things on Microstrategy and its big, splashy strategy of acquiring more Bitcoin especially if there is a big dip in the crypto market. From now on, when you hear the saying "buy in dip" one name that comes to mind is Microstrategy of Michael Saylor. Now, when Bitcoin will soon rise beyond its last ATH, am sure that Michael will be celebrating with its windfall of profits...and if there can come a time when Bitcoin can go beyond $100K all shareholders of this firm will surely be smiling from ear to ear.
It's obvious that is the goal from the very beginning, buy bitcoin during dip and wait and hold for a long time. This kind of institutional investors knows how to play the market, even at the last ATH, maybe they didn't sell because the profit is not that good for them. And if by chance $100k can be hit in the future then it's a win-win for the company and for Saylor as he is one of the proponents of bullishness when we talk about BTC.
April 15, 2022, 02:48:46 AM
From the beginning when Microstrategy bought bitcoin, the instruction was never wrong about bitcoin, they study what bitcoin is and they know it is the coin of the future that its value will be increasing. More whales are buying which still indicates that bitcoin adoption is becoming stronger. If a company can see good in an asset, I hope some people will not miss when the price of bitcoin will increase more and more. More adoption is coming.
I think they have a long term goal that's why they continue to acquire and accumulate bitcoin through the years. It might be different for average Joe like us who are in a budget. But we will continue to do and try to buy it at every dip or even DCA'ing.
Maybe there are also other companies who secretly buying bitcoin in bulk, or if not a company a entity, a whale who understand how bitcoin can make them more money in the future.
April 15, 2022, 02:15:29 AM
Microstrategy will always gives a surprise in some of their actions and one thing i always like about them is their relentless efforts in a continuous buying pattern, their investment in bitcoin is frequent and base on what i observed, they like to hodl investment for the time it will rises, so they speculate to buy at when the price is down and keep accumulating the buys, though i see them as one of the bitcoin whales who in the nearest future take the advantage of it and sell in bonds
April 15, 2022, 12:12:03 AM
It sounds good, it's reassuring. And that's what they also did: sent a letter reassuring people that they'll continue doing what they started.
Nice, but, as already said, not unexpected. It's clearly the time for accumulating. Going otherwise would have been the surprise.
And as we can see the news and even the actual buys made by MicroStrategy no longer have much of an impact (at least not a visible impact) on the price.
April 15, 2022, 12:02:22 AM
This isn't really that much of a surprise, no?
No, it is not. At least for those of us who have been following what Saylor has been doing since it started buying.
What he does is something similar to what DCA does and buys, say $50 every week. What happens is that he does it in a sophisticated way, taking on debt to do it, keeping a relatively low debt to equity ratio. Watching a couple of videos of him makes it clear.
April 14, 2022, 11:56:14 PM
This isn't really that much of a surprise, no? Saylor has said time and time again in dozens and dozens of interviews/podcasts that he's bullish af on Bitcoin. So obviously he's going to buy more if he gets the chance. It's a safe assumption that MicroStrategy is just averaging in as to potentially not buying in at near-peak.
April 14, 2022, 11:40:47 PM
I am always hearing many good things on Microstrategy and its big, splashy strategy of acquiring more Bitcoin especially if there is a big dip in the crypto market. From now on, when you hear the saying "buy in dip" one name that comes to mind is Microstrategy of Michael Saylor. Now, when Bitcoin will soon rise beyond its last ATH, am sure that Michael will be celebrating with its windfall of profits...and if there can come a time when Bitcoin can go beyond $100K all shareholders of this firm will surely be smiling from ear to ear.
April 14, 2022, 09:01:05 PM
Microstrategy bought 4167 bitcoins for $190.5 million at an average price of ~$45,714 per bitcoin. As of 4th April 2022, MicroStrategy is hodling 129218 bitcoins acquired for $3.97 billion at an average price of $30,700 per bitcoin.
https://mobile.twitter.com/saylor/status/1511315882886246409
It was not long when Microstrategy bought bitcoin that the price of bitcoin falled which some people will be happy about for institutional whale buy not to have much effect unlike before in 2020 and 2021. Recently, Microstrategy shareholders have plans to purchase more bitcoin in the future while calling the bitcoin they bought a success.
Saylor Calls MicroStrategy’s Bitcoin Play ‘Tremendous Success,’ Promises More BTC Buys
MicroStrategy shareholders letter: We’ll 'vigorously pursue' more BTC buys
From the beginning when Microstrategy bought bitcoin, the instruction was never wrong about bitcoin, they study what bitcoin is and they know it is the coin of the future that its value will be increasing. More whales are buying which still indicates that bitcoin adoption is becoming stronger. If a company can see good in an asset, I hope some people will not miss when the price of bitcoin will increase more and more. More adoption is coming.
https://mobile.twitter.com/saylor/status/1511315882886246409
It was not long when Microstrategy bought bitcoin that the price of bitcoin falled which some people will be happy about for institutional whale buy not to have much effect unlike before in 2020 and 2021. Recently, Microstrategy shareholders have plans to purchase more bitcoin in the future while calling the bitcoin they bought a success.
Saylor Calls MicroStrategy’s Bitcoin Play ‘Tremendous Success,’ Promises More BTC Buys
MicroStrategy shareholders letter: We’ll 'vigorously pursue' more BTC buys
From the beginning when Microstrategy bought bitcoin, the instruction was never wrong about bitcoin, they study what bitcoin is and they know it is the coin of the future that its value will be increasing. More whales are buying which still indicates that bitcoin adoption is becoming stronger. If a company can see good in an asset, I hope some people will not miss when the price of bitcoin will increase more and more. More adoption is coming.
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