Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Noise!!!
Adam has a reputation and the start is massive but that's it
I don't see it overtaking Strategy except saylor chooses to be beaten by selling
Because strategy is miles away and Bitcoin isn't getting cheaper
The market is getting bigger and investors money are going to be stretched and spreaded.
It would be hard for any company to surpass strategy with the pace they are going.
Adam has a reputation and the start is massive but that's it
I don't see it overtaking Strategy except saylor chooses to be beaten by selling
Because strategy is miles away and Bitcoin isn't getting cheaper
The market is getting bigger and investors money are going to be stretched and spreaded.
It would be hard for any company to surpass strategy with the pace they are going.
How does Adam Back think that launching BSTR with 30,000 BTC will make him to surpass MicroStrategy that have been investing in bitcoin since 2020 and owns about 601,550 BTC currently, it's actually ridiculous honestly. He could have even talk of competing with lesser companies and not MicroStrategy that is buying bitcoin almost every week. Does he know how many years it will take him to acquire 600,000 BTC and by then MicroStrategy must have added more stash to their portfolio. Anyways he should stop making noise and enter the market by buying the 30,000 BTC let's know how serious he is in his quest to surpass MicroStrategy.