Might be an unpopular opinion but I’m not a fan of what’s he’s doing. It’s becoming a risk for BTC
coinfeeds-bot on
tldr; Michael Saylor, founder of Strategy (formerly MicroStrategy), has unveiled an $84 billion Bitcoin purchasing plan, doubling the firm’s previous target of $42 billion. Strategy currently holds 553,555 BTC worth $53 billion, representing over 2.6% of the total Bitcoin supply. The firm aims to increase its Bitcoin yield target to 25% and dollar gain target to $15 billion by 2025. This aggressive accumulation strategy has sparked mixed reactions, with some expressing concerns over the concentration of Bitcoin holdings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Next_Statement6145 on
Honest question, what’s his plan? Why is he buying so much bitcoin?
pcm2a on
If he buys enough of it, does he control the price?
madewa12 on
Is Saylor the only one who buys bitcoin?
PayDre on
If people are upset with how much he is buying, wait until they hear about the US gov steps in to buy. Or other countries, inevitably.
Outsajder on
Saylor will be the catalyst for either this or the next bear.
Reach_Beyond on
Why stop there? Let’s go for a $250 billion purchasing plan.
partymsl on
Imagine your whole business just being to DCA BTC… man I am jealous.
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Might be an unpopular opinion but I’m not a fan of what’s he’s doing. It’s becoming a risk for BTC
tldr; Michael Saylor, founder of Strategy (formerly MicroStrategy), has unveiled an $84 billion Bitcoin purchasing plan, doubling the firm’s previous target of $42 billion. Strategy currently holds 553,555 BTC worth $53 billion, representing over 2.6% of the total Bitcoin supply. The firm aims to increase its Bitcoin yield target to 25% and dollar gain target to $15 billion by 2025. This aggressive accumulation strategy has sparked mixed reactions, with some expressing concerns over the concentration of Bitcoin holdings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Honest question, what’s his plan? Why is he buying so much bitcoin?
If he buys enough of it, does he control the price?
Is Saylor the only one who buys bitcoin?
If people are upset with how much he is buying, wait until they hear about the US gov steps in to buy. Or other countries, inevitably.
Saylor will be the catalyst for either this or the next bear.
Why stop there? Let’s go for a $250 billion purchasing plan.
Imagine your whole business just being to DCA BTC… man I am jealous.