Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on December 28, 2023, 02:59:17 AM

Title: Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC
Post by: sirty143 on December 28, 2023, 02:59:17 AM
Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC

(https://i.imgur.com/uvPjSk8m.jpg)

Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion... See more for yourself here (https://news.bitcoin.com/microstrategy-acquires-more-bitcoin-raising-total-holdings-to-189150-btc/).

Your opinion is greatly appreciated.
Title: Re: Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC
Post by: Tribalchief on December 28, 2023, 04:44:14 AM
Quote
He sees BTC as “a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.”
Michael saylor understands clearly how Bitcoin works and the necessary steps needed in making good profit. When it comes to Bitcoin investment, Long term investment comes to mind. Haven accumulate as much as $5B worth of Bitcoin so far, this might possibly amount to $10B to $12B in 2025 when the bull run takes over. 189,150 BTC isn't a joke, it shows that there are in for business and profit in the coming years.

From my opinion, we shouldn't be too carried away by what my Microstrategy is doing right now. As individuals in this crypto space, we should also adopt similar strategy: by buying as many Bitcoin as possible. Microstrategy shouldn't be the only one making profits in 2025 and years to come.