| Everyone seems to be laughing at Saylor's $5.7B loss, however they're missing the maths. MicroStrategy simply added one other 2,486 $BTC to the pile. They spent $168.4M final week to do it. Here is the info that matters. Their average value is now $76,027. With Bitcoin sitting round $68,000, they are taking a look at a paper lack of roughly $5.7B. Most retail traders see pink numbers like that and panic promote. As an alternative, MSTR did the other. They raised $90.5M by promoting widespread inventory and one other $78.4M from most popular collection just to keep shopping for. They now management 717,131 BTC. This isn't playing. It is simple provide and demand. They're selling paper shares to purchase onerous belongings while the market is scared. If an enormous company is prepared to ignore a $5.7B loss to purchase more at this worth, why are you scared to hold? [link] [comments] |
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