unlike most of us who tend to buy bitcoin during its dips, Michael Saylor has a different strategy. strategy buys over 3,000 bitcoins again despite bitcoin declining. but their purchases for this month actually is lackluster compared to their previous purchases during previous months.
Microstrategy doesn't plug money from tree, they sell some microstrategy shares to buy more Bitcoin. You don't expect the company to be selling all it's shares because they want to buy Bitcoin, it will makes the company becomes nothing, their number 1 backbone of the Bitcoin from the beginning is the company. It's okay to think they can do without the company but that company is why they are here today.
“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024.knowing this strategy, do you still feel more compelled following strategy's bitcoin purchases? is Michael saylor concerned about something other than maximizing his bitcoins? perhaps the reputation of his company is still on the line and he has to protect the confidence of his investors hence why he only buys when bitcoin is doing well.
while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.
Strategy might be nothing but you need to understand that Bitcoin asset is a speculative assets. The only thing that moves the price is speculation and what's happening around it. Strategy has been around Bitcoin in the last couple of years, they have been buying and buying before now which traders used to open and close positions, this is what they use to makes moves to make money, so whether you buy or you don't, the market will always be moved when they heard about their Bitcoin passages.