related posts
2 sats \ 1 reply \ @moel 14 Sep 2021
I find it unnatural/scary that one company is now lording over so much of the total number of Bitcoins...
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0 sats \ 0 replies \ @k00b OP 14 Sep 2021
I have the same visceral reaction but this is what institutional adoption looks like. That's why we should onboard retail plebs asap.
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1 sat \ 1 reply \ @gmd 13 Sep 2021
MicroStrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average price of ~$48,099 per #bitcoin. As of 9/12/21 we #hodl ~114,042 bitcoins acquired for ~$3.16 billion at an average price of ~$27,713 per bitcoin. https://twitter.com/michael_saylor/status/1437386724443926535
Hey @g4ala can Saylor be much worse in timing his buys? Seems like he could buy a lot more bitcoin if he used some TA to buy the dips a little better 😂
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2 sats \ 0 replies \ @g4ala 13 Sep 2021
Well, he's definitely a counter to the Joakin Book article.
I seem to remember (or maybe I'm wrong) MS saying that he takes very little notice of the intraday $ price of BTC. I'd be crapping my pants if I held even 1/10th of what MS hodles.
Maybe, for him, 45K is the dip, and he could be right.
¯_(ツ)_/¯
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