Post
Topic
Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
cryptoWODL
on 16/10/2024, 06:53:59 UTC
⭐ Merited by JayJuanGee (1)
MicroStrategy is currently the most successful Bitcoin company, holding Bitcoin for years to come. But even if their dollar amount is high, they have invested more, but if we are holding in Bitcoin with a small amount of dollars like them, it will be a much larger amount later. That's why microstrategy companies adopting the DCA approach will be as successful in the future, but MicroStrategy has more money and benefits. So DCA method is the best investment to make yourself successful and have few dollars.

Yes the MicroStrategy company has been buying bitcoins continuously for the past four years. They are ready to buy bitcoins at any moment in the market if they have cash flow at work. The total number of Bitcoins held by MicroStrategy so far is 252,220. Maybe it wasn't that they bought it in one day, it was through gradual purchases that they were able to accumulate so many bitcoins in their investment portfolio. They have already bypassed the US government as the MicroStrategy company continues with regular bitcoins.

Maybe MicroStrategy is ready to buy more Bitcoins as we saw on social media Twitter.
Quote
MicroStrategy about to buy $900 million in #Bitcoin soon 🚀
Twitter: https://x.com/Vivek4real_/status/1846122306873053287?t=4Mvd5Vw3KHWOdSUSdJjK6w&s=19