Today, MicroStrategy announced The company purchased 15,400 additional bitcoins for around $1.5 Billion. Its total bitcoin holdings now exceed 400,000 BTC. This is almost 2%.
MicroStrategy has now acquired 402,100 #bitcoin worth $38 BILLION
The total supply of bitcoins is now owned by almost 2%.🤯 pic.twitter.com/lbEpHNer7T
— Nikolaus Hoffman (@NikolausHoff) December 2, 2024
The month of November is a good time to buy bitcoin rose MicroStrategy can reduce your costs by almost 40 percent bought MicroStrategy now owns over $38 billion in Bitcoin. MicroStrategy owns more than $38 billion worth of bitcoin.
Microstrategy has inspired other firms to run similar campaigns. strategy Assembling bitcoin as an asset of strategic reserve. Saylor even presented Microsoft’s Board of Directors and CEO about why the company should adopt the bitcoin standard. Microsoft, the world’s third-largest company by market capitalization, is currently voting whether to add bitcoin to its balance sheet. Insane!
MicroStrategy has also copied the playbook of MARA, a publicly traded bitcoin mining company. announced They’re borrowing as much as $805 million to buy bitcoin.
Are you getting it?
It is unlikely to slow down anytime soon. These large companies are leading the way in a new age of bitcoin acquisition. Saylor, MicroStrategy and other firms will grab every coin that is available. And if they’re as convicted as MicroStrategy is — they’re not selling. Not to mention that other major players (BlackRock Fidelity ARK etc.) are buying coins now for their ETFs. Today, the demand for Bitcoin is staggering.
Strategic Business Plans are adopted by companies that have a strategic mindset #Bitcoin Reservieren Sie this Month:
– Rumble
LQR House
Remixpoint
– Genius Group
– Cosmos Health
Jiva Technologies
Hoth therapeutics
– Thumzup Media Corp
Acurx PharmaceuticalsThis is only the beginning🚀 pic.twitter.com/6YW7D2DnRn
— Nikolaus Hoffman (@NikolausHoff) November 27, 2024
It is my opinion that all Bitcoiners (this message is mostly for the more recent ones) should create their own bitcoin strategic reserve to protect themselves and their family. I’m not saying or advising anyone to take on debt to buy bitcoin, but rather adopt it as your primary savings account and sit back and take in all the benefits of holding bitcoin — especially in regards to holding your own private keys.
It’s simple. Buy bitcoin, store it securely, and keep it long-term. MicroStrategy, and other companies using the playbook will benefit if you decide to sell.
This is not a good article. Take. The opinions expressed by the authors are their own and not those of BTC Inc. or Bitcoin Magazine.
“This article is not financial advice.”
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Source: bitcoinmagazine.com
