Post
Topic
Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
AirtelBuzz
on 16/12/2024, 13:31:19 UTC
⭐ Merited by JayJuanGee (1)
Nothing has stopped Microstrategy buying bitcoins, they are buying bitcoins regularly.
Yes, Nothing stopped MicroStrategy's buying bitcoins, they regularly bought bitcoins over time. Maybe they will continue to buy these bitcoins in the future. Yesterday when Michael Saylor said they needed the green dot, Peter Schiff, the stupidest Bitcoin critic ever, made a post about him, maybe he did it as a mockery.



Quote
Today they purchased 15,350 bitcoins worth $1.5 billion.
They have bought Bitcoin for six weeks in a row, even after Bitcoin hit a new all-time high last night they bought $1.5 billion worth of Bitcoin today. They are going to hit a milestone by consistently buying bitcoins over time. MicroStrategy has only 11,000 Bitcoins remaining out of 0.5 million Bitcoins. Maybe they'll touch that milestone next week.