Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto Superior to Cash
According to my computation the recent sell off in Bitcoin is going to cost huge money to MicroStrategy:
The current loss could yeild a million dollars profits also for MSTR with bitcoin boosting and he knows this fact so taking these risks is well paid off.But still bitcoin needs to surpass atleast $30k levels and then they will be in some real profits otherwise they can risk out some more to gain more 
And according to Michael Saylor's latest tweet, MicroStrategy keeps DCA-ing like everything is normal 
They've just bought (yesterday) 480BTC so their total is around 129,699BTC and the average price is ~30,664$
He is always waiting for these opportunities to invest and you could see his Twitter wall filled with all the bitcoin optimistic tweets and advocating about it.He once again jumped in to buy these additional bitcoins and now is the top institutional bitcoin holding investors only due to him.The bitcoin spark in his eyes is to accumulate more and more bitcoins at these discounted rates.They've just bought (yesterday) 480BTC so their total is around 129,699BTC and the average price is ~30,664$