| Everyone seems to be laughing at Saylor's $5.7B loss, however they are lacking the maths. MicroStrategy simply added another 2,486 $BTC to the pile. They spent $168.4M final week to do it. Right here is the info that issues. Their average value is now $76,027. With Bitcoin sitting around $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 selling widespread inventory and another $78.4M from most popular collection just to maintain shopping for. They now management 717,131 BTC. This isn't playing. It is simple supply and demand. They are promoting paper shares to purchase arduous belongings while the market is scared. If an enormous firm is prepared to ignore a $5.7B loss to buy more at this worth, why are you scared to carry? [link] [comments] |
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