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MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin .

As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.

Comments

Kp monty

Saylor buys one month supply of new btc mined and price drops?? We are back in bear market. Good news, price drops; bad new, price drops. So much for the moon shot. Better luck next cycle

Wayne

I think micheal saylor knows more about bitcoin than most on patron , so does James. We're privileged to have people like these sharing there knowledge I'll be following there advice before anyone else.

El Terrifico

My only tiny criticism of James is he often says: “only the paranoid survive!” Sometimes I don’t think he’s paranoid enough.

PhysicsGuy

This is my first cycle and I am tipping toward fear. I have listened to so much "not advice" that I am to understand that when noobs feel fear, things are about to take a turn for the better...this makes me feel excited. Many years of mountain biking have trained me for this rapid fluctuation between fear and exhilaration. I LOVE IT!...and hate it.

jim beam

Cryto is a crazy roller coaster. This is actually very calm and quite boring (down 50% on an alt hurts but believe me they can double in a day)

jim beam

Zoom out everyone. Understand your timeframe- saylor is buying for…ever. If you are buying for a 2x in a month, dont.

AZDC

Wow this chat has turned so bearish so fast lol. We’re just chopping sideways and not very far off the all time highs. If this is enough to have you shaking in your boots and ready to sell your bags, just do it. You’re not gonna make it anyway.

RoboSkay

I’ve had best month yet playing MSTR against TSLA and several miners. Jump off the days high and suck up the losers Everything mean reverts

MattFunky

I sold my micro strategy and bought Tesla before the 3-1 split 😞 woahs me

slumlordsmo

I am going to take a 2 month vacation from crypto. Will see where we are this time in Sept. Hopefully the tide has turned by then.

B Rock

How does the exchange of the bitcoin actually occur? Click click on Coinbase? Or Mikey takes a ride to Gringotts Wiz Bank and exchange brief cases? And like that, Breaker of Chains gobles more satoshis