Microstrategy $500 Million Bitcoin Acquisition
Michael Saylor and Microstrategy has shown dedication to Bitcoin as the future is already clearer than perceived. The bear market is the best time to buy the dip and Bitcoin after falling from $69k as its ATH to as low as $18k. Records have been made and seeing more records being made is exciting. Seeing successful people making commitment through their dedication to their belief and it all stands. The Bitcoin maximalists Michael Saylor through his company Microstrategy have bought an incredible amount of BTC. As someone like me is still looking forward to have one you be shocked by the amount of BTC in possession. I'd certainly tell the amount in a bit as you discover that one can't get or surpass another but giving a fair share of enthusiasm especially if they share the same thing together.
In a tweet two months ago, Michael Saylor disclosed the Bitcoin portfolio of Microstrategy and if goes as follows:
Microstrategy holds a total 129,699 BTC at $3.98 billion as it had just purchased 480 BTC at $10 million at the time.
I just went through the tweet and you be sure to guess whose head was peaking, yes you are right Peter Schiff, the Bitcoin sadist. Bitcoin is only providing right as El Salvador just celebrated Bitcoin anniversary. You simply celebrate success.
After stepping down as CEO of Microstrategy, Michael Saylor is always just proving his words as he said he's dedicating his tis to buying Bitcoin.
He's getting $500 million from selling stock as he has sent filing to the U.S. Securities and Exchange Commission half a billion at $21,260 as of writing would get 23,518 BTC. That would make a total of 153,217 BTC. Due to volatility price can change and I'm looking at what just 1 BTC can do for me but clearly this is shooting how much work needs to be out in building a business first.
The profit would be crazy when BTC gets and passes its ATH.
Thanks for visiting my blog, till next time.
Posted Using LeoFinance Beta
https://twitter.com/Nna1494755794/status/1568428808251785218
The rewards earned on this comment will go directly to the people( @boscohage ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.