Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
It doesn't matter the amount they could buy in a month, what matters most is their consistency in buying bitcoin every month since November 2024, they haven't missed any month without buying so it's surely a good strategy for them because while they might be buying at high price, they will also meet the DIP in some months which is an added advantage to maximize their profits.
Agree and what happen is not big deal at all. MicroStrategy accumulation is unpredictable and we don't know on how many Bitcoin purchase they will made on their next accumulation.
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What's really important here is they accumulate and everything still good. Their consistency what matter the most and for sure that we could see more from them since Saylor also MicroStrategy is doing good then bullish with Bitcoin.
They don't care whatever price Bitcoin reach so they provably would buy more Bitcoin and hit some more volumes at the dip like current situation happening these days.