Post
Topic
Board Bitcoin Discussion
Re: MicroStrategy acquires an additional 9,245 BTC with excess cash(@$67,382)
by
Frankolala
on 20/03/2024, 14:50:07 UTC
Do you think it is the correct strategy to buy more BTC and HODL?
Of course yeah, no amount of wealth will make anyone satisfied, and that is why you see that even the rich are still looking for more money. If you look at the bitcoin in MicroStrategy custody, you will see that it has generated a huge amount of profit, and no one needs to tell Michael Saylor about the compounding value of bitcoin during the hodli period. If only new investors can understand the future of bitcoin, they will always buy whenever they can either bull or bear season.


They did try to buy the dip but it has dipped further.
MicroStrategy is not a day trader or a short term investor, so whatever amount of bitcoin that the company buys at Xprice will generate profit over time, and we are still hoping to see the higher price of bitcoin in this circle by next year. Which some speculations are on 200k.

Will we see another ATH soon? How long would you HODL if you were in MicroStrategy's position?
Yea,definitely. We will keep on seeing new ATH in every circle. I am not MicroStrategy, but the little bitcoin that I have will be part of my life.