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Another 650 million bitcoin bought by Saylor.

ahmedo24

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The CEO of microstrategy, earlier invested $450 million when the price of bitcoin was between $8,000 to $12000, the same company has Invested another $650 million into bitcoin just this monday.

The company raised the money through convertible (debts from securities that can be converted to shares) .

The company has Invested $1 billion already into bitcoin.
 

tuna89

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Those are the advantages of btc, with these kind of action,then I don't see btc falling heavily anytime soon, a steady rise should be expected. In years to come these big companies will also invest in huge amounts of ETH.
 

Ralphjoe

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This is a very good and wonderful news for cryptocurrency enthusiast and investors like us, This is a further confirmation that Bitcoin is not likely to drop anytime soon. For investors, this might be the best time to invest again.
 

GoldenLady

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The more large organizations like this invest, the more stable tht make Bitcoin to be.

Let's hope Elon Musk checking out Bitcoin yields positive results, unlike other skeptics
 

Mawome

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Wow that's a huge amount of money, with this type of investment Bitcoin will continue to appreciate, even if the price falls, it will still rize. So I encourage investors to go ahead and do there thing. btc rocks
 

ahmedo24

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Wow that's a huge amount of money, with this type of investment Bitcoin will continue to appreciate, even if the price falls, it will still rize. So I encourage investors to go ahead and do there thing. btc rocks
Thanks, this Investor in person of Saylor he is an Influential person that will advise his associates to invest in it , this will surely give it boost continuously.
 

Peterlight

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I will hug people to start buying bitcoin has it will surge high again. I believe bitcoin will hit the $30k mark this time before it goes down again.

This is a good news for people who have been holding their coin for long and also people that are trading on the network.
 

Kamon c4

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This is the more reason why bitcoin value keeps increasing. Larger investors are investing on bitcoin which has made the demand very high increasing its value. Elon musk has been tweeting about bitcoin being his safe escape I believe bitcoin is doing really well
 

Niftyyem

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If more notable entities such as this Saylor keep investing huge funds in bitcoin and other Cryptos, then, we may see bitcoin perpetually on a rise in its price. With this recent investment, I don't think that bitcoin price will suffer a free fall anytime soon.
 

Mawome

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Thanks, this Investor in person of Saylor he is an Influential person that will advise his associates to invest in it , this will surely give it boost continuously.
Yes sir, you are absolutely correct. With a lot of investors investing in btc we are actually moving forward backward never, and Bitcoin is the way forward.
 

BrolySSJ

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The CEO of microstrategy, earlier invested $450 million when the price of bitcoin was between $8,000 to $12000, the same company has Invested another $650 million into bitcoin just this monday.

The company raised the money through convertible (debts from securities that can be converted to shares) .

The company has Invested $1 billion already into bitcoin.
This is a massive investment into bitcoin. I am quite confused however as to why they chose to increase their investment now with bitcoin, with it seemingly being at its peak. In my opinion it may have been better to rather cash out on their bitcoin and then to buy a large amount when the price is low with their profits.
 

ahmedo24

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This is a massive investment into bitcoin. I am quite confused however as to why they chose to increase their investment now with bitcoin, with it seemingly being at its peak. In my opinion it may have been better to rather cash out on their bitcoin and then to buy a large amount when the price is low with their profits.
They desire to take more risk so that more money can be made , I am very optimistic they will make the gain out of it , it is also a way to encourage more people to invest into it. It the price should double that will be $1.3 billion.
 
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