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MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin. $MSTR

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Adam West

Ho! Lee! Shirt! That's a lot of Bitcoin.

Plan Tesla

Wholly Guacamole😳🎶🎶🎶🎶🎶🎶 Saylor Smoking Crypto and NYSE 😂

Charles Lane

Sitting on $1.5M in MSTR that are $900k in profit. Pondering what to do.

Rufflife

So if there was 150k Btc on otc there should now be 95k left. Can anyone confirm this?? If mstr can buy that much and not move price at all then what does?

CoinCracker

Be scared when others are greedy, be greedy when others are scared. I’m waiting for a pull back to buy more. For context - 2013-2014 bull run - bitcoin fell over 50% in late 2013; 2017-2018 bull run - early 2018 bitcoin fell by over 60%. Pull backs happen. Long term doesn’t matter, but if you can dollar cost average in on the way down vs the way up, your bags will be heavier.

Chad G

I am taking profit on the way up , small percentages. I rode the elevator down last cycle unfortunately

Bitcoinkeeper

If you haven’t watched this yet it is an amazing presentation- Michael Saylor presenting to Cantor Fitzgerald 11/14-11/15. Remember Howard Lutnick is the CEO of Cantor (owns hundreds of millions of bitcoin) and is going to be on the presidential economic committee (not sure of the exact name) also you can watch a one on one with him and Pomp from a few weeks ago pre-election. https://youtu.be/4LqpGrWGNqE?si=oGzA_ntr7gV75MSg

FOS Holder

They buy in small tranches over several days or weeks. The announcement is just a summary

satsovercents

The man doesn't know when to stop 😉

Fear Zero

Nobody owns hundreds of millions of bitcoin. There are 21 million lol.

Michael B

What are the downsides of this strategy? Recently Raoul Pal discounted it and actively went against it. Would like to have some balance discussion on the downs. Is BTC a better bet in the long run? It is BTC but why is someone like Raoul Pal negative about this strategy?? Maybe it's a question him rather :D

Doctighty

Definitely not what Satoshi had envisioned, but oh well