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Microstrategy buys another $94.2 million in Bitcoin

  • Thread starter Thread starter C.Grigg
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C.Grigg

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As of 12/29/2021, MicroStrategy held about 124,391 bitcoins purchased at an average price of $30,159!
What are your thoughts on this company constantly buying as much bitcoin as it can?
 
The only thing I noticed about MicroStrategy is that it buys the dip. The company is in great profit so far.
 
I will try to see if MicroStrategy is still holding its asset. If the company bought BTC at $30K, they have made almost a 50 percent loss.
 
Kristoferson said:
As of 12/29/2021, MicroStrategy held about 124,391 bitcoins purchased at an average price of $30,159!
What are your thoughts on this company constantly buying as much bitcoin as it can?
Click to expand...
I think they will buy more because their owner believes in crypto especially in bitcoin, and micro strategy is the company with highest bitcoin holdings.
 
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