I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.
They know the worth of the coins, for which they additionally bought this large amount of bitcoins at 28K USD. On the other hand, there are some people who keep complaining about the price and always cry because they missed the lowest possible price to buy. They are forgetting the fact that bitcoins are limited in number and hence very valuable. So if they are able to buy the coins at 30k USD, then they will also be profitable if they hold them dedicatedly for an year. Moreover, this huge purchase will definitely shake the crypto market. Let’s hope Bitcoin touches 35k USD soon in the first half of April.
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.
They know the worth of the coins, for which they additionally bought this large amount of bitcoins at 28K USD. On the other hand, there are some people who keep complaining about the price and always cry because they missed the lowest possible price to buy. They are forgetting the fact that bitcoins are limited in number and hence very valuable. So if they are able to buy the coins at 30k USD, then they will also be profitable if they hold them dedicatedly for an year. Moreover, this huge purchase will definitely shake the crypto market. Let’s hope Bitcoin touches 35k USD soon in the first half of April.
Shouldn't the purchase of 1 btc have had a slightly more noticeable effect on the current market value? $30m is a lot of money.
There are people who are looking for an excuse not to buy bitcoin: either the price doesn't suit them, then some doubts, then something else. And there are those who buy btc at the first opportunity. Microstrategy is an example of this. Although it is not entirely correct to compare ordinary people and big firms.