That's because it makes 0 sense to make a digital asset strategy other than Bitcoin, and if you really want to gamble, perhaps Ethereum if you think it will have a role long term for smart contracts which I doubt since it cannot seem to scale, but nontheless, an ETH strategy is better than XRP. SOL is just like a faster, even more centralized ETH. The strategy only makes sense with BTC because it's the only digital asset (or any asset type) strictly limited in amount and decentralized, the rest of these companies making reserve strategies on altcoins will just dump as altcoins do against BTC long term, so only buy companies that have a serious strategy to buy and hold BTC, and so far MSTR is the best one.
agree, but now it seems that big corporations can buy out large amount of bitcoin and what should do small and medium companies when BTC will cost $500 000 or $1 million? some other assets also have limited supply, for example LTC or BCH, but have problems with decentralization. what if such assets will solve some problems could they be used for digital asset strategy? of course I mean as one of the conditions total scarcity of bitcoin at that moment.
Don't think anything else, it will be a bigger risk for the company, LTC and also BCH are old coins too but they are not worthy of being strategic reserve funds (in my opinion), in fact it will increase the big risk if a company buys altcoin as an alternative to their reserve funds, in my opinion it is better to do a DCA strategy on buying Bitcoin, sometimes you have to focus on long-term accumulation not on how much you can buy, and we need to remember that only a few companies and governments have adopted Bitcoin as their reserve funds, this has an opportunity for small companies to enter early before the price is much more expensive (that is if you think long term).
So will Michael Saylor buy Bitcoin again this June and it will be in big dots?
Of course he will buy more and more, he has been making preferred shares continuously as an effort to raise funds to buy bitcoin.
Yes, it sounds like a big buy, at least $1B I would say. The last few purchases were not large in quantity and this one looks like it is, within Saylor's strategy of keeping the market guessing. I wouldn't be surprised if in the next couple of months, some week he doesn't make any purchases either.
And that's interesting, they do it very secretly with an unspecified amount and we only know the announcement after making a purchase, that's a strategy.