It’s being reported that Michael Saylor is raising another $500,000,000 to buy BTC! This guy is crazy and not going to let this rally stop anytime soon. As much as I hate trading, I think not buying long dated Microstrategy call options at the bottom of this cycle will forever be missing out on the easiest trade to get rich of all time.
Here quant I wrote about it in another thread:
Rinse and repeat.
The important thing is that once they have cashed those 500 million, they will buy Bitcoin on the open market during the early European Hours, when liquidity is thin, and they are not going to be shy. They will lift the market in European hours for approximatively 6,500 BTC. Another big green candle is coming in the next few days.
They did it last Monday, so I guess we have a pattern here.