A COMPANY WORTH NOTICING
Even if the news may catch you by surprise, #mstr is very familiar with #btc. Their former CEO only thinks of BTC as real crypto where the rest has few value for him. In part 2020 all the way to 2022 #microstrategy is the company that put crypto on their back. Mr. Saylor is no longer the CEO, this adventure of acquiring BTC is still fresh in the mind of the board.
To this day having crypto in your portfolio is a good deal. The expectation may not be transcending, I may say a quick edge against inflation but it stood the pressure of time. There was a prospectus dated since June of 2022, the company feels the need to let us know they want to get more BTC from a sale of stock around $500 million. This is a lot of funds that make be used for BTC.
So far they only invest in BTC knowing this is where the value resides. I did look at the paper filed with the SEC where there is a possibility to invest this amount in crypto. I am not sure if this news prompted BTC to rise but it is a double sword knowing any news tends to fit crypto fairly.
Lately you do not hear other companies making such move with crypto.
The economy is not helping with depressing inflation where you can lose your fund quicker than making advancement. SO far #mstr has not sell any where #tesla did. If we are looking for support we know too well where it will come for crypto holders. At the same timing owning #microstrategy shares are like holding btc on the stock market.
Hope great success for their behavior and continue to show belief in blockchain technology.
Here you can check the supplement of the prospectus
https://www.sec.gov/Archives/edgar/data/1050446/000119312522241978/d359206d424b5.htm
Posted Using LeoFinance Beta
Good to know company like microstrategy hold bitcoin. The economy is not good but hold cryptocurrency can be helpful during this hard time
Posted Using LeoFinance Beta
It is a long game deal for anyone holding crypto currency. You never know where it will fall tomorrow.
Posted Using LeoFinance Beta
Congratulations @pouchon! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 510000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
I like the fact that companies like this are seeing the essence of crypto and BTC, but it isn't totally all that is to know about crypto. I like to think that, More Value revolves around other crypto and these guys wouldn't know unless they decide to do more research and get involved.
Each crypto fills a void in the scepter of the financial world. As we continue to grow, you can see the value of #hive and #leo. it is not the same as btc even though they are all crypto.
#MSTR holds btc for the sole reason it acts way better than gold against inflation.
It may go through rapid negative this year but #btc is the gem of all crypto with tremendous liquidity.
!BEER
Posted Using LeoFinance Beta
View or trade
BEER.Hey @josediccus, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Did you know that you can use BEER at dCity game to **buy dCity NFT cards** to rule the world.