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RE: I guess we already know what caused the next Mega-Bull Run.

in #leofinance4 years ago (edited)

Yep, this is just the beginning and going to probably end up being the main driver of bitcoin price gains in the months to come. One thing about MSTR and their bitcoin purchase, MSTR's stock price is up 33% since they first bought bitcoin... from $123 to $163 currently.

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Yes. The fact that MSTR stock is up a lot is going to encourage more companies to follow their lead.

Yep, exactly. They gained way more in market cap than they were down on their bitcoin investment. I would not be surprised to see them do some stock offerings here soon. Buying bitcoin was a win win either way.