|
|
MicroStrategy is back with another intense buying spree! They are looking to raise $500 million to buy more Bitcoin! Just a few nights ago, they issued a press release saying they're going to issue convertible corporate bonds to make this happen. And, they even boasted about being the world's first Bitcoin development company!
I think they're serious this time. Didn't they just spend $820 million to buy 12,000 Bitcoins? Now, with this new influx of funds, their total holdings are approaching 205,000 coins, with a value soaring to $14.739 billion! Wow, that's a lot of money! Don't forget, now that Bitcoin's price has surged to $73,000, even after a slight dip to $72,000, it immediately bounced back. It's on the verge of breaking its all-time high! Each Bitcoin is now worth $72,670, up 1.82% in the last 24 hours!
And, have you heard? MicroStrategy's founder, Michael Saylor, is a super Bitcoin enthusiast! He said, even though their unrealized profit is close to $8 billion, they have no plans to sell any Bitcoin! Their market exit strategy is to keep holding Bitcoin! Their confidence in Bitcoin is no joke! He said, they will always buy top-notch assets, and Bitcoin is the best! Although Bitcoin's market value has surpassed $1 trillion, competing fiercely with major assets like gold, real estate, and the S&P index, in his eyes, Bitcoin is the best! He said capital will continue to flow from other asset categories into Bitcoin because Bitcoin technology is superior! So, they won't sell Bitcoin for anything else! |
|
Post time 18-3-2024 09:33:34