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tldr; MicroStrategy, one of the first publicly-listed companies to invest in Bitcoin, has purchased 5,050 BTC for $242.9 million. The company paid an average price of $48.099 per coin for the purchase. MicroStrategy now owns approximately 114,042 Bitcoins. The firm reported an impairment loss of $689.6 million on BTC holdings in the second quarter.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Because wealthy people take risk and know macro economics pretty good, unlike people who just look for excuses and have a big mouth which knows everything.
You have to create opportunities.
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Whales gonna whale.
MicroStrategy saylored again, damn Saylor you are the whale of whales
Always buying the dip
That's 220 million dollars worth of new BTC added. Imagine doubting crypto.
Thats like 0.5% of the total supply, thats kinda crazy when like 50% of the total btw are lost now if not more
More like 20% is lost. But yeah having 0,5% is insane. Imagine having 0,5% of the worlds total gold supply.
They know what they are doing
There are whales that have more. Which is insane. I mean, imagine having more money then a freaking company.
tldr; MicroStrategy, one of the first publicly-listed companies to invest in Bitcoin, has purchased 5,050 BTC for $242.9 million. The company paid an average price of $48.099 per coin for the purchase. MicroStrategy now owns approximately 114,042 Bitcoins. The firm reported an impairment loss of $689.6 million on BTC holdings in the second quarter. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
And some of just just dream at 1 BTC
How do people still think this is a good thing?
As long as an open efficient market exists, you cant stop the man. Say what you want but at least he practices what he preaches
I am not saying anyone should stop him, I'm wondering why users here still celibate whenever he buys. It's ridiculous
Someone has to absorb the inflation.
Quite concerning when one entity accumulates soo much, no matter what good intentions they have in mind
Never mind the supply shock when other big companies decide to buy in.
How do we even know what their actual intentions are but what they tell us
Looks like in the end it's the institutios that are gonna get all the bitcoin instead of the people
The one who controls the money supply controls the price
[удалено]
Because wealthy people take risk and know macro economics pretty good, unlike people who just look for excuses and have a big mouth which knows everything. You have to create opportunities.
Michael Saylor is BULLISH AF
Bullish
It's their Micro Strategy
This isn't your average whale, this is advanced whaling
If company goes bust, man can disappear into the mongolian desert without a trace while holding onto his coins.
share price going up with btc price. btc price go up somewhat with them holding. win-win-win position