Another day in Michael Saylor’s life. DCA and enjoy the ride.
![gif](giphy|a7Iq9V97wlF5KGS3S4)
coinfeeds-bot on
tldr; MicroStrategy has increased its Bitcoin holdings for the eighth consecutive week, now owning 446,400 BTC. The company, led by executive chairman Michael Saylor, recently purchased 2,138 Bitcoin for $209 million, raising its average acquisition price to $62,428 per BTC. Since 2020, MicroStrategy has invested over $27.9 billion in Bitcoin. The company has been financing these purchases through an at-the-market approach, with $6.88 billion remaining for future acquisitions. Despite a recent decline, MicroStrategy’s stock has outperformed Bitcoin in 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Afonsoo99 on
GigaChad Michael Saylor
Worth_Tip_7894 on
Bad news for Bitcoin, centralisation is never positive.
Pippouai on
…and me with them
cornpops9 on
If you needed any more signs that its still early, this is it.
The only reason they keep buying is because they know that Bitcoin value will keep rising.
If the buying strategy wasn’t working they wouldn’t have carried on with it.
KIG45 on
I wonder how many times in a row they will buy and when they will pause.
Mithra305 on
FYI guys this article is from last week
Abysskitten on
DCAing at ATH.
Saylor really is betting on BTC governmental reserves isn’t he?
10 Comments
What is Microstrategy’s ultimate goal?
Another day in Michael Saylor’s life. DCA and enjoy the ride.
![gif](giphy|a7Iq9V97wlF5KGS3S4)
tldr; MicroStrategy has increased its Bitcoin holdings for the eighth consecutive week, now owning 446,400 BTC. The company, led by executive chairman Michael Saylor, recently purchased 2,138 Bitcoin for $209 million, raising its average acquisition price to $62,428 per BTC. Since 2020, MicroStrategy has invested over $27.9 billion in Bitcoin. The company has been financing these purchases through an at-the-market approach, with $6.88 billion remaining for future acquisitions. Despite a recent decline, MicroStrategy’s stock has outperformed Bitcoin in 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
GigaChad Michael Saylor
Bad news for Bitcoin, centralisation is never positive.
…and me with them
If you needed any more signs that its still early, this is it.
The only reason they keep buying is because they know that Bitcoin value will keep rising.
If the buying strategy wasn’t working they wouldn’t have carried on with it.
I wonder how many times in a row they will buy and when they will pause.
FYI guys this article is from last week
DCAing at ATH.
Saylor really is betting on BTC governmental reserves isn’t he?