Post
Topic
Board Bitcoin Discussion
Re: Microsteel keeps buying into BTC
by
SFR10
on 14/09/2021, 07:46:04 UTC
When they continuously buy Bitcoin in stages will it cause BTC to break ATH again?
In theory, it should have a positive impact on the price but not to an extent that it'd break ATH [we need a chain reaction of some sort to achieve such a thing again]...
- I do agree with @thecodebear's comment.

What do you expect for BTC at the end of 2021?
I posted the following "prediction" back in June.

For those who don't have knowledge, this is legit, Microstrategy purchased additional Bitcoin as Michal Saylor (CEO of Microstrategy) tweeted about it, can be found here: https://twitter.com/michael_saylor/status/1437386724443926535
I downloaded the "PDF file" from their websites and it seems that they're selling shares in order to buy BTCitcoins [screenshot]. Although I don't know every single detail, it still appears to be quite risky!