source
Lately when you hear about this company, you hear the news they made for buying
bitcoin to fight inflation. This is a smart move from them knowing the value behind crypto.
If the trend for corporation around the world embracing crypto in 2020, thanks to them.
The trend does not stop a bit knowing the implications with crypto.
Microstrategy Inc.is not like Paypal or Square. This company helps business with smart application
to do their work efficiently. They did it through web based, cloud services and they service all kind of businesses.
This is a lucrative business since everything is in the cloud and you need help to keep your business
running. This is in a nutshell what they do. Somehow they love #bitcoin too. Their CEO is a crypto savvy.
Recently they purchased more bitcoin to gross their pile. They used their extra cash to buy 205 bitcoin.
I am pretty sure Saylor is making sure everyone knows about it.
There is a slight problem. While they are doing it, their stock has been taking a beating lately. In less
than two weeks it was trading around $1000+ and now dropped to the price you see on top.
That could dampen the whole situation. To the contrary the company stands steadfast on buying crypto to balance
their portfolio. Having crypto in your portfolio gives everyone the benefit of doubt, this company is trying to elevate
the playing field by moving away from cash.
This is not even old news, others are trying to short them.
Let's take for example Bireme capital.
They think #microstrategy is holding #bitcoin as a smoke screen for their lack of positive cash flow. I can understand
their point of view within the pandemic economic but I do not think they can judge another company business model
in the light of buying crypto. The gesture from Microstrategy is unlike the norm in wall street. Having bitcoin in your
balance sheet is showing the poise of this company to grow.
As of right now it works for them since the stock lost its value from the high thousand.
I am pretty sure #microstrategy will not stop their conquest to acquire more crypto. At least
it gives more value to their company than before.
They are in technology and they have something to talk about.
People will continue to buy their share knowing they hold bitcoin.
It does not look clear right now.
Can you believe Bitcoin jump to $60k? They will win tenfold. Lack of ETF in the US could be the reason companies
are buying bitcoin. This is a bet worth mentioning cause everyone should follow Microstrategy.
Short or not they are resolute to make a different where inflation will eat everyone bottom line.
Their mission is to hold till the end.
I am sure they have darn good strategists telling them this is it or nothing.
Till now Bitcoin still trading sideways where it looks at $60k more then $40k.
Either way we are in the same pond if you are in a mission to hold.
Keep stacking satoshis
Posted Using LeoFinance Beta
I am sure, the same will not happen, once they decide to sell. What if, others do not jump in ? One company buying a majority stake is not good for BTC as well, right ?
Whatever they buy is just peanuts
in the sea of bitcoin.
The whole mined bitcoin valuation
was worth 1 trillion dollar.
Lost bitcoins?
Let just that sink in...
It will be monumental for one company
to have all bitcoin.
Keep stacking satoshis to prevent from happening.
Posted Using LeoFinance Beta
If tesla and microstratedy will make profit with bitcoin, everyone will follow...
When people do follow then they will make profit.
This is a long term business and betcha within four years
I wish you gather some good coins.
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