So Michael Saylor buys over 20,000 Bitcoin worth $1.5 billion in 2 days by himself and price is still only at $74,000.
And you don’t think we need to be worried about paper Bitcoin?
Math doesn’t check out.
@TheBTCTherapist Are you finally waking up? There are 3x the amount of BTC on the open market via fake BTC and paper BTC. I have been pointing this out for almost 8 months. Saylor is a fraud.
BREAKING: MICHAEL SAYLOR'S STRATEGY OFFICIALLY BACK IN PROFIT AS #BITCOIN CROSSES $75,580
THE BEARS COULDN'T SHORT HIM
THE CRITICS WERE WRONG
THERE IS NO SECOND BEST 🚀
@TheBTCTherapist If he did not ATM MSTR last week, MSTR's performance was horrendous, with very low volume and no interest in the stock. MSTR underperformed BTC on an up week. This game is long over.
Michael Saylor’s Strategy is expected to announce a purchase of over 10,000 Bitcoin over the last week worth at least $700 million.
The largest bull never stops buying. 🤯
@phongle This scam is starting to fall apart. mNAV is getting closer to 1. Market Cap is $11B below BTC value. You have been able to fool many people, and, shockingly, so many believe in this Saylor Scheme.
@StrategyMaxi@Strategy MSTR can never gain traction with his ATM strategy. He is destroying the stock price. He will never stop buying BTC using the MSTR ATM. The more he buys via MSTR ATM, the stock will just continue to sink further and NEVER recover. SAYLOR HAS TO STOP HITTING THE ATM!!!!!
$MSTR shareholders captured 1 week's worth of natural BTC supply today.
$250M Raised through $STRC ATM Today.
$63 Billion Annualized through $STRC ATM based on today's pace.
863k+ BTC per Year if BTC stays flat.
Are you sure that you should spend/sell BTC at $73,000?
"I don't understand Bitcoin.
I understand companies and profits, but I don't understand what makes Bitcoin go up or down.
So I don't own any"
-- Successful VC, to me, yesterday.