Post
Topic
Board Economics
Merits 4 from 2 users
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Ratimov
on 04/10/2021, 09:53:16 UTC
⭐ Merited by JayJuanGee (2) ,fillippone (2)
Found a chart of all MicroStrategy BTC investments:



If you look at this graph and analyze the MicroStrategy investment methodology, you can say that they are acting very competently.

At the beginning of the chart, MicroStrategy invested its first billion dollars almost at the beginning of the bull run. Further, as the rapidly developing growth, Saylor made small additional purchases of bitcoin. The only exception is buying almost a billion dollars worth of bitcoin at the top of the market. This is followed by very small purchases of bitcoin, and now, when the market is practically on the verge of a reversal, MicroStrategy makes a purchase for almost half a billion dollars, which is the third largest purchase. Then Saylor bought 2 more times for the amount of 400 million.

In fact, buying a billion on highs is offset by buying a billion at the very beginning of the pump. In general, if you look at this chart, you can see a clear buying strategy, they buy little during strong market movements (whether it be an increase or a fall) and make large purchases during price consolidations.