MicroStrategy buys another $15 million in Bitcoin
Another week and another major Bitcoin purchase by MSTR
It's funny that we have gotten to a point where MSTR buying multiple millions worth of bitcoin doesn't even really make headlines anymore.
CEO Michael Saylor announced this morning that the company had bought another $15 million worth of bitcoin at an average price of $57,146 per coin.
This gave them 262 additional bitcoins:
(Source: https://twitter.com/michael_saylor/status/1370360546986430467)
This now gives them a total of 91,326 bitcoin.
While they haven't said this publicly, I suspect they aren't going to stop any time soon, and I think they are eventually going to hold over 100k bitcoin.
At this pace, and with a couple more debt offerings, they probably hit within a few months.
While $57k might seem high to some, it appears MSTR and co think it's going much higher and have no problem buying here.
Perhaps we should follow suit.
Stay informed my friends.
-Doc
GOOD NEWS FOR ALL INVESTORS AND VIRTUAL COMMERCE SUPPORTERS.
EVERY TIME THERE ARE MORE AND BETTER REASONS TO INVEST IN BITCOIN, THE TIME IS NOW.
In some respects I think Michael Saylor is a n00b. I'm going to dump on him with my baby stack.
Have you followed him much? He's definitely not a noob...