Post
Topic
Board Economics
Merits 4 from 2 users
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
NeuroticFish
on 29/06/2022, 12:52:09 UTC
⭐ Merited by fillippone (3) ,JayJuanGee (1)
According to my computation the recent sell off in Bitcoin is going to cost huge money to MicroStrategy:

And according to Michael Saylor's latest tweet, MicroStrategy keeps DCA-ing like everything is normal Cheesy
They've just bought (yesterday) 480BTC so their total is around 129,699BTC and the average price is ~30,664$