As of 3/18/24, $MSTR holds 214,246 $BTC acquired for ~$7.53B at an average price of $35,160 per bitcoin.
With BTC going down still, currently at $63,700. Do you think it is the correct strategy to buy more BTC and HODL? They did try to buy the dip but it has dipped further. Will we see another ATH soon? How long would you HODL if you were in MicroStrategy's position?
$67,400 per coin? I couldn't imagine buying thousands of Bitcoins in a bull market, they had a great opportunity to buy them before Bitcoin ETFs were approved and they would buy double the amount of what they bought yesterday. Btw this is a good indicator that another great bull market aways us and it's still a dip to buy Bitcoin today. I bought my Bitcoins when price was 20K, sold them two weeks ago at 67K. Now this step of MicroStrategy makes me think whether to wait for much better deep or if it was too early for me to sell my coins because if MicroStrategy buys at this price, then it means that they expect bullish market and guys who hold 1% of total Bitcoins, are definitely the ones that can influence the market. The light is green for another bull market in the near future.