Play over 1000+ slots! SPIN NOW! WIN CASH!
Investing in medical cannabis. It’s profitable!
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❕NEWS MicroStrategy announces that it has purchased another $ 10 million of Bitcoin

aryan4

Emerald Member
LV
0
 
Joined
Jul 22, 2017
Messages
4,628
Reaction score
403
Points
170
Awards
1
BMF Points
1,881
Rating - 100%
2   0   0
Pick a box! Unbox it! Get item delivered!
MicroStrategy announced today that it has purchased 314 BTC worth $ 10 million. According to the statement, each BTC was bought at a price of $ 31,808. With the last purchase, the total amount of Bitcoin held by MicroStaretegy is reported to have reached 70,784 BTC.
What do you think of the continued interest of major investors?
 

aryan4

Emerald Member
LV
0
 
Joined
Jul 22, 2017
Messages
4,628
Reaction score
403
Points
170
Awards
1
BMF Points
1,881
Rating - 100%
2   0   0
Somehow they analyze the markets better than us small investors. I guess buying in a falling market shows how expert they are.
 

achawaskey

Platinum Member
LV
0
 
Joined
Sep 26, 2020
Messages
945
Reaction score
11
Points
25
Location
Nigeria
BMF Points
8,699
Rating - 0%
0   0   0
I think the accumulating a lot of Bitcoin believing that the prize will soon start increasing and also control the market to maintain stability.
 

aryan4

Emerald Member
LV
0
 
Joined
Jul 22, 2017
Messages
4,628
Reaction score
403
Points
170
Awards
1
BMF Points
1,881
Rating - 100%
2   0   0
I think the accumulating a lot of Bitcoin believing that the prize will soon start increasing and also control the market to maintain stability.
They took it because they had a prediction that it would likely rise. Their average price is very close to current prices. I think they will continue their purchases.
 

aryan4

Emerald Member
LV
0
 
Joined
Jul 22, 2017
Messages
4,628
Reaction score
403
Points
170
Awards
1
BMF Points
1,881
Rating - 100%
2   0   0
Ten million dollars is a huge chunk of change, and having over seventy thousand bitcoin in their portfolio is certainly very impressive. I wonder how they raise this income for investing in bitcoin.
Absolutely serious numbers. I wonder how they manage such high amounts of money. I think a team of experts in their work is making decisions altogether.
 

Brain

Emerald Member
LV
0
 
Joined
Dec 27, 2018
Messages
4,303
Reaction score
86
Points
135
Awards
1
Location
Nigeria
BMF Points
8,671
Rating - 0%
0   0   0
I think the accumulating a lot of Bitcoin believing that the prize will soon start increasing and also control the market to maintain stability.
That's my thought exactly, they believe in the prize increase and as such the buy more so that they can make more profit when they decides to sell. This should be a valid reason
 

sagefave

Emerald Member
LV
0
 
Joined
Feb 27, 2020
Messages
1,004
Reaction score
9
Points
125
Awards
1
Age
29
Location
Nigeria
Website
myaffiliatescorner.wordpress.com
BMF Points
1,000
Rating - 0%
0   0   0
Absolutely serious numbers. I wonder how they manage such high amounts of money. I think a team of experts in their work is making decisions altogether.
They may have a team of very talented people who maybe are professionals in the field of cryptocurrency, but how do they raise money which they invest. As an affiliate marketer I have tried raising money by promoting products, programs, and advertising but I am still barely getting $50 monthly. I wish they could tell me the secret of where they get the money.
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
Am not surprised by this because they have shown strong intentions for Bitcoin , also they were likely motivated by the profit they made from the Bitcoin they purchased when the price was below $11k
 

Niftyicon

Emerald Member
LV
0
 
Joined
Jul 17, 2020
Messages
4,225
Reaction score
57
Points
135
Awards
1
BMF Points
16,432
Rating - 0%
0   0   0
This is one of the reasons that people still maintain their confidence in bitcoin. I don't think any sound business will invest in a failing project, so, we would probably see bitcoin rise more in the coming days.
 

systech

Newbie Member
LV
0
 
Joined
Jun 12, 2020
Messages
29
Reaction score
0
Points
10
BMF Points
794
Rating - 0%
0   0   0
MicroStrategy announced today that it has purchased 314 BTC worth $ 10 million. According to the statement, each BTC was bought at a price of $ 31,808. With the last purchase, the total amount of Bitcoin held by MicroStaretegy is reported to have reached 70,784 BTC.
What do you think of the continued interest of major investors?
This statement shows that the acceptance of Bitcoin is increasing day by day and big investors are coming forward in this field and are hoarding more and more Bitcoin. As a result, the price of Bitcoin will skyrocket in the future.
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
This is one of the reasons that people still maintain their confidence in bitcoin. I don't think any sound business will invest in a failing project, so, we would probably see bitcoin rise more in the coming days.
The advantage here is that the top Institutional investors will go as far as investing more in Bitcoin ,in order to save their previous Investment from failing.
 

Niftyicon

Emerald Member
LV
0
 
Joined
Jul 17, 2020
Messages
4,225
Reaction score
57
Points
135
Awards
1
BMF Points
16,432
Rating - 0%
0   0   0
The advantage here is that the top Institutional investors will go as far as investing more in Bitcoin ,in order to save their previous Investment from failing.
If they wouldn't mind doing that, then, I guess we small investors have some hope to cling to about bitcoin not failing any time soon.
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
If they wouldn't mind doing that, then, I guess we small investors have some hope to cling to about bitcoin not failing any time soon.
Yeah , this has always been part of my consolation and I strongly believe that this will be the case ,because they won't want to see a continuous dip , considering what they have invested.
 

microunit

Emerald Member
LV
1
 
Joined
Nov 27, 2019
Messages
4,177
Reaction score
208
Points
150
Awards
4
BMF Points
20,052
Rating - 0%
0   0   0
I think if I too have lots of extra money I too would invest it in bitcoin when it crashes down as I'm quite already confident that bitcoin will surely rise in the long run given the amount of attention it has been getting
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
I think if I too have lots of extra money I too would invest it in bitcoin when it crashes down as I'm quite already confident that bitcoin will surely rise in the long run given the amount of attention it has been getting
True . The problem then is that if you buy now and the price drops , you will lose ,and when it rises ,you won't gain much as you would have gained if it didn't fall much.
 

GoldenLady

Platinum Member
LV
0
 
Joined
Dec 1, 2020
Messages
691
Reaction score
17
Points
25
BMF Points
979
Rating - 0%
0   0   0
MicroStrategy announced today that it has purchased 314 BTC worth $ 10 million. According to the statement, each BTC was bought at a price of $ 31,808. With the last purchase, the total amount of Bitcoin held by MicroStaretegy is reported to have reached 70,784 BTC.
What do you think of the continued interest of major investors?
It seems it's majorly institutional investors for now.

It will be a good move if governments get involved.
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
It seems it's majorly institutional investors for now.

It will be a good move if governments get involved.
I don't think government can easily get into Bitcoin Investment . They will later try to regulate it usage in order to benefit from it .
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
Bitcoin whales are like really interesting , Its price just increases so rapidly and decreases in the same movement , Just buy the bitcoin when it gets low and just wait for a few months and see the magic.
Exactly , buying at this present price of $31,000 seems to be very costly but in the next few months , the profit will really worth it . It is just a patience.
 

Josemendez

Sapphire Member
LV
0
 
Joined
Apr 8, 2019
Messages
5,747
Reaction score
214
Points
150
Awards
1
BMF Points
719
Rating - 0%
0   0   0
Yes , patience is the only key to success in the cryptocurrencies . Are you holding any amount of bitcoins for future ? as currently the price is a bit low than the normal.
Yeah. I have Bitcoin that am holdl and I believe that when the next Bullish run start , I won't be left out of it. This year is for Bitcoin and altcoins.
 
Similar threads
Thread starter Title Forum Replies Date
Josemendez ❕NEWS Microstrategy buys yet another 205 BTC Bitcoin Forum 0
AudraMiller ❕NEWS Microstrategy increases its investment in Bitcoin yet again Bitcoin Forum 4
aryan4 ❕NEWS MicroStrategy Buys 19,452 Bitcoin (BTC) for $ 1 Billion Bitcoin Forum 10
aryan4 ❕NEWS MicroStrategy CEO Suggests For Those Who Want to Save: Buy Bitcoin (BTC) Bitcoin Forum 18
aryan4 ❕NEWS $ 690 million move to buy Bitcoin from MicroStrategy Bitcoin Forum 9
aryan4 ❕NEWS NYDIG Founder Speaks About BTC at MicroStrategy Conference Bitcoin Forum 8
AudraMiller ❕NEWS MicroStrategy to teach business about the legal acceptance of bitcoin Crypto Currencies 22
aryan4 ❕NEWS MicroStrategy, A New Purchase of Bitcoin (BTC) Bitcoin Forum 10
aryan4 ❕NEWS Amazing BTC Forecast from Microstrategy CEO Bitcoin Forum 11
De-rector ❓ASK Microstrategy purchased another $650 million worth of bitcoin. Bitcoin Forum 35
onlyprofits ❕NEWS Microstrategy CEO Offers to Share His BTC Strategies to Elon Musk Crypto Currencies 34
onlyprofits The CEO of Microstrategy could sell 200 million dollars of BTC. Crypto Currencies 21
onlyprofits ❕NEWS Microstrategy revealed the strategy to buy the 17,000 BTC Crypto Currencies 10
NoLimits15 ❕NEWS MicroStrategy Company Buys $183 Million Worth Of Bitcoin Bitcoin Forum 5
aryan4 ❕NEWS Binance CEO Announces Bitcoin (BTC) Price Target Bitcoin Forum 12
aryan4 ❕NEWS Binance Announces Adding 5 Trading Pairs Altcoins Forum 5
aryan4 ❕NEWS German Company Announces Investing In Bitcoin (BTC) Bitcoin Forum 4
aryan4 ❕NEWS Rangers announces agreement with Bitci to issue tokens Altcoins Forum 4
aryan4 ❕NEWS Famous Author Announces That She Has Begun To Dispose Of Her Bitcoins (BTC) Bitcoin Forum 8
aryan4 ❕NEWS Uber CEO Announces They Can Receive Payments with Bitcoin Bitcoin Forum 4
aryan4 ❕NEWS Elon Musk Announces That He Has Purchased Dogecoin For His Child Altcoins Forum 37
aryan4 ❕NEWS Origin Protocol Announces Collaboration with Amazon, OGN Boosts 45% Altcoins Forum 2
aryan4 ❕NEWS Tesla announces purchasing $ 1.5 billion of Bitcoin Bitcoin Forum 60
aryan4 ❕NEWS PayPal Announces Its Plans About Cryptocurrencies Bitcoin Forum 25
aryan4 ❕NEWS Binance Announces It Will Eliminate 4 Altcoins Altcoins Forum 7
aryan4 ❕NEWS PrimeXBT Announces to Delist XRP Altcoins Forum 4
aryan4 ❕NEWS Veteran Analyst Chainlink (LINK) Announces Target Levels One by One in Price Altcoins Forum 1
aryan4 ❕NEWS Tether's Bank Announces It Investments In Bitcoin Bitcoin Forum 5
aryan4 ❕NEWS JPMorgan Announces Bitcoin Forecast Bitcoin Forum 3
De-rector ❕NEWS Akoin Crypto currency announces Exchange listing with token Airdrop Crypto Currencies 8
Josemendez ❕NEWS PayPal announces that Cryptocurrency lovers can now buy crypto with PayPal money Bitcoin Forum 27
De-rector ❕NEWS Celo gains over 50% within a day as coinbase announces it listing. Crypto Currencies 0
Emoney ❕NEWS Mozilla announces the laiyoff of its 250 employees due to the pandemic Businesses & Individuals 3
Cryptos ☑️NEW #Betfury has a free #BNB and #BTC token giveaway every 20 minutes DAILY PROFIT 0.00158400 BNB! Airdrops Forum 0
Josemendez ❕NEWS 100 BTC moved from a wallet that has been dormant for 11 years Bitcoin Forum 23
AudraMiller ❕NEWS Binance has stopped withdrawals for Ethereum Crypto Currencies 26
AudraMiller ❕NEWS Cryptopia Exchange has been hacked again Crypto Currencies 0
AudraMiller ❓ASK Tesla's Bitcoin investment has already yielded major profits Bitcoin Forum 3
AudraMiller ❕NEWS Elon Musk has tweeted about Dogecoin and his supercomputer Crypto Currencies 12
AudraMiller ❕NEWS Bitcoin market cap has surpassed 1 trillion USD Crypto Currencies 2
AudraMiller ❕NEWS PoolTogether has released their own coin Crypto Currencies 0
AudraMiller ❓ASK Bitcoin price has caused major price highs in altcoins Crypto Currencies 45
AudraMiller ❕NEWS Celsius has paid out over 250 million dollars in lending rewards Crypto Currencies 1
4565768btc ☑️NEW 🔥Airdrop 2nd round 30 ORE/Wallet BEP20(BSC)airdrop round 1 has been Completed! Airdrops Forum 0
AudraMiller ❕NEWS The price of THETA has increased by more than 350% Crypto Currencies 3
AudraMiller ❕NEWS Cardano has seen its largest price drop in almost a year Crypto Currencies 7
AudraMiller ❕NEWS Coinbase's premium has turned negative Crypto Currencies 0
blockchainandcrypto ❕NEWS BitCherry Decentralized Ads has the potential to resolve fraud scam and malicious ad that is top result when you search on Google Altcoins Forum 1
aryan4 ❕NEWS Popular Crypto Money Application Has Been Hacked Bitcoin Forum 7
aryan4 ❕NEWS Bitcoin Has Gained 36 Times of Value in the Last 4 Years Bitcoin Forum 29

Similar threads

REWARDS: Active Raffles


  • Roll 20: Win 100,000 BMF Points!

    The entry period for this raffle ends in..

Give a beer to the team!

Total amount
$179.38
Goal
$1,000.00
Donation ends:

Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.