Quote from: Hammer_Summer on May 13, 2025, 05:27:19 AM

Quote from: Ethan_Crypto on May 12, 2025, 08:51:57 PM

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

Purchasing that much Bitcoin in only one week reveals their faith in the long run worth of Bitcoin. Since the beginning Saylor has been constant. Honestly it's very remarkable how much conviction he has had through all the market ups and downs. MSTR has turned into a sort of surrogate for Bitcoin itself. Though personally I find it dangerous bold actions like this will help to define the direction of finance.

Of course, the main key in investing is having confidence in the value of bitcoin itself, if this exists then we buy bitcoin without worry and this key must also be our mindset in investing in bitcoin so that we are sure and believe in bitcoin assets. Even Michael Saylor's belief is beyond doubt, he has also called on Bitcoin owners several times not to sell the most valuable asset in the world, and he will also continue to buy Bitcoin, even when the price reaches $ 1 million. Of course, this matter of belief is what makes him continue to buy bitcoin.

I have also read the news that Saylor said Bitcoin is the 'economic capital of the free world,' because bitcoin is the solution to global inflation. So it is not surprising that when this Strategy was implemented, MicroStrategy shares jumped significantly. We must also have this mindset so that we are never afraid to buy bitcoin, and continue to save it for the long term.