Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
JayJuanGee
on 06/10/2021, 16:31:18 UTC
It looks like they are following a pattern, basically because the price has been trending up since they bought their first stash.

I'm an advocate of buying a small amount of bitcoin regularly but being able to HODL what you have bought for multiple months or even multiple years depending on your end game with the budget you set yourself.

So, there are two questions:  Is the MicroStrategy strategy of seemingly regular purchases an up-scaled version of what I wrote above?  And, if so, what is MicroStrategy's end-game for the coins?  (i.e. dump at a given price?  Dump on a given date?  Or just HODL indefinitely?)

Huh?

Have you even read any posts in this thread that include several times referring to the stated intentions of Saylor/MSTR?

In the past year, several times, Saylor has repeated on behalf of MSTR that they are buying for the long term and planning to hold for 100 years.. so interpret those kinds of bold statements as you will.. or read what some of us have been saying in this here thread in the past year or more in regard to those kinds of statements of intentions topics.