Another big buy from MicroStrategy

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Hi,

Michael Saylor is doing it again. MicroStrategy bought another 7002 bitcoins for almost half a billion USD, 414,4 million to be precise.

With this acquisition, MicroStrategy hit de 120k+ BTC mark.

If we do the math, they paid a premium, as BTC traded somewhere at 57k, and they paid 59k+ for the trade.

For me, it only shows, that Michael Saylor with its team, see a lot of potential in BTC. Just by holding, he can profit so much. Every bank will throw money at him, and money is basically free these days with the increasing inflation and low rates. Also, he gets more attention to his funds.

For everyone is a win move, as he gets some liquidity off the markets and the less liquidity, the higher the demand.

I hope to read more new in the future of big buys of BTC, rather than dormant whales that start selling.

How do you see it?

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Yeah, Microstrategy ate a big piece of the pie and they are a considerable influencer in the future shaping of Bitcoin. It is not good for decentralization, but it is good that money is pouring in crypto and building trust out of it!

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They will probably use the dips to buy even more. I wonder if they will become bullish on alts.

!PIZZA & !BEER for you!

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