MultiversX Tracker is Live!

So MicroStrategy provided $3.980 billion of exit liquidity to sellers this last bull market?

All Cryptocurrencies

by COINS NEWS 94 Views

It may be a strange way to view Michael Saylor's purchases but he's responsible for buying 130,000 BTC from sellers for a total of $3.980 billion. So at the very least, he's helped a lot of people cash out that had built up bags in the prior bear markets. We'll need another Michael Saylor next bull market to be the liquidity for the next group of profit takers.

MicroStrategy has an average cost basis of $30,639 per coin. It is in deeper than anyone in this sub and it's quite amazing to recognize the magnitude. I hope, for his sake, that MicroStrategy is able to hold all its Bitcoin and we see a new all time high before its loans payments become due. I 100% want his Bitcoin treasury strategy to succeed and pave the way for the next wave of corporate adoption.

We will see...

submitted by /u/OpticallyMosache
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments