Saylor is relentless.
MicroStrategy Acquires 21,550 BTC and achieves BTC Yield of 43.2% QTD and 68.7% YTD; Now Holds 423,650 BTC
Discussion
Spooky.
That could went to billions of people around the world and impacted countless generations positively 😭
My friend, buying and holding Bitcoin (even if it doesn't get moved ever again) does benefit billions of people around the world and impact countless generations positively. Why? Because reducing the supply means the active supply is smaller and rises in value faster than if the active supply is bigger. Meaning that EVERYONE'S savings grow more! Do not worry, this is good.
To do what though? Sure increase his wealth but then what? What does Micro Strategy do other than provide BTC exposure?
Austrian economists say that capital will deploy itself but I don’t see it?
He accumulates loads, then he dies… and then nothing. Ok he has a few courses set up but it’s minor in the scheme of things. He’s no kids (I think). He doesn’t even spend on skincare regimes. A bit of moisturiser would go a long way, specially after doing loads of sniff.
I mean it’s up to him what he does but I’m curious.
That's what they do now. They're a Bitcoin holdings company.
Indeed but then what. Is he saving up for a spaceship?
Eventually he won't be able to do this, or if he's not around the company won't be able to do this, as no one will want fiat. At that point, they won't be able to do anything but hold their bitcoin like Smaug. I don't know what they endgame is there.
Saylor has said he's taking his seeds to the grave, as for the company it will turn into a larger multi national MHO
I would be interested to know what his personal stack is. When the US Gubment eminent domains his company into the US strategic stack, he will be the wealthiest man on the planet in that way alone.
Great... What happened to the guy with the cowboy hat who new money will fix everything?
It won't be possible forever. At the moment his business isn't holding building. Otherwise MSTR would be the same as an ETF. At the moment his business is selling volatility. I don't understand it fully, but checkmate explained it pretty well below. When he can no longer do this, he may pivot into lending or something else. I'm sure he's already considering it.
Good level to buy at. Whales putting up sell walls and Saylor just eating them up before we break $100k for good.
That's my secret, Cap. I'm always buying.
What price do you think btc would be at without Saylor sat on the bid? If he stops do you think btc could drop below his average cost base?
Is it as simple as, “Everyone gets Bitcoin at the price they deserve?”
https://primal.net/e/note14kjcx27hj6hr5e86fheqkdt0v3esy23h7fc66dp3wy0vrt4vef8s3pl5el
This type of speculative attack means we are heading to a sudden and drastic repricing!
Soros' reflexivity in action. The next crash will be politicized like never before!
