possible return to Bitcoin purchases
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Michael Saylor, co-founder of MicroStrategy, has hinted at a possible return to Bitcoin purchases after a short break. The entrepreneur shared a chart of BTC, an action that in the past has often anticipated new investments. The latest acquisition by the company, amounting to 7,633 BTC, has brought the total held to 478,740 BTC. The latest Bitcoin acquisition by Michael Saylor and the total held In recent years, MicroStrategy has stood out for its strategy of accumulating Bitcoin, consolidating its position as one of the largest institutional holders. Michael Saylor has repeatedly emphasized his confidence in the cryptocurrency, considering it a superior reserve asset compared to traditional currencies. The recent publication of a Bitcoin chart by Saylor has caught the attention of investors. In the past, similar moves have often preceded new acquisitions of BTC by the company. This has fueled speculation about a possible imminent purchase, especially after a week-long pause. On February 10, 2024, MicroStrategy acquired 7,633 BTC, further strengthening its exposure to the bull and bear cryptocurrency market. With this operation, the total of Bitcoin held by the company has reached 478,740 BTC, a significant amount that consolidates its position among the main players in the sector. The approach of MicroStrategy stands out for its consistency: instead of limiting itself to sporadic investments, the company has adopted a strategy of progressive accumulation. This method, often referred to as dollar-cost averaging, allows for reducing the impact of market volatility and building a solid position over time. According to Michael Saylor, Bitcoin represents more than just a speculative asset. His vision is based on the belief that BTC is a safe haven against inflation and monetary devaluation. This explains why MicroStrategy continues to invest in Bitcoin even in times of uncertainty. The idea of using BTC as a store…
Filed under: News - @ February 24, 2025 3:25 pm