Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
MicroStrategy enters into an agreement to sell $750 MILLION worth of Class A Stock in order to buy more #bitcoin
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Sometimes the sources need more, or we must rely on the "Trust me bro" source. The source you provided said the same thing you shared here. But I was interested in reading some articles where Microstrategy or Mr. Sylor said they would buy Bitcoin with that $750 Million. Twitter influencers tend to post whatever they think or assume, and their assumption becomes a piece of news. I do not want to rely on the "Trust me bro" source. I hope when you share something, you read it before you share. If you think it's interesting and have something to read with some source, you can share it. But, if something does not satisfy you, you shouldn't share it too. I did these things before, and I was criticized as well.
Dude, they already did in 2021...look at the document's date, lol.
They spent about 4-4.4 bil doing nothing else but buying bitcoin.
The fact is is they own 152 thou with an average price slightly above 29.2K.
Do the math.
My bad. Thanks for finding it.
Then I think it's absurd to post it again.
The source he posted is a tweet from some Bitcoin News page.
The Twitter account claims it's new, and it's posted today.
Precisely this is why I wanted to see more sources about his post. It's misleading when someone posts something two years old and claims it's new.
I guess it's another 750 mil (or they extended the 2021 agreement), but even if another 750 mil, it is just another 16.9%...a lot, but just an add-on.
I guess his ultimate goal is 210K btc..not sure if doable.
To be honest, we never know. The source he shared is not reliable. I don't think it's a news media or something. They could have included some sources if they were news media or someone trustworthy. Or they could have mentioned that they extended the agreement, and it's the same paper signed in 2021. I do not have a problem seeing fake news as long as the majority of people do not have a problem. But I encourage sharing something true and legit. One small legit good news is better than ten fake good news. I barely believe those things (News) can influence the market.
This screen is taken from a filing for the Securities and Exchange Commission. Full text can be read here https://www.sec.gov/Archives/edgar/data/1050446/000119312523200621/d533407d424b5.htm.
So yes, we are talking about new plans, the documents in the SEC are dated August 1st.
I hope it doesn't become habitual for me to take the rap for fans of copying twitter posts.
