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Beginners & Help
Re: Why MicroStrategy can buy BTC but not other institutions?
by
mk4
on
02/07/2023, 03:57:05 UTC
Quote from: Catenaccio on
Today
at 03:52:22 AM
They only can DCA Bitcoin if they have reserved capital for more investment or if they receive new capital from their investors.
They get big capital to DCA Bitcoin because they have big names in the list of top holders. Many big MSTR holders are Bitcoin Bulls.
Top 10 Owners of Microstrategy Inc and Top 10 Mutual Funds Holding Microstrategy Inc.
They have capital because they have reserves, and because the company actually has some revenue from their software products. (Yes, they actually have software products in the healthcare, retail, and financial services industry lololol.)