Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. Glad to see they bought the dip...basically dollar cost averaging but I would have loaded up more at those prices.

    MicroStrategy owns 568,840 bitcoins as of May 12, 2025. MicroStrategy states the average purchase price as $66,384.56 USD per bitcoin

    upload_2025-5-14_5-48-37.png
     
    Last edited: May 14, 2025 at 8:54 AM
    semperfrosty likes this.
  2. johnarb

    johnarb

    mstr cannot buy bitcoin if mstr does not have funds,

    mstr has been buying bitcoin every week for the past 30 weeks when mstr has funds

    mstr has purchased >$25B worth of bitcoin in the past 30 weeks or so
     
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  3. They would have funds if they didn't buy so much at the top..they drank the same cool aid you guys were drinking when yall were in the 100k frenzy :)
    @semperfrosty @SunTrader @deaddog

    upload_2025-5-14_7-28-11.png
     
    semperfrosty likes this.
  4. johnarb

    johnarb

    the waxy idiot circular logic is on display again :D

    Nice chart, btw, where does mstr get the funds to buy every single week, waxy?
     
    semperfrosty likes this.
  5. If they didn't buy until the end of the correction they would save the funds they already raised and wouldn't need new funds.
     
    semperfrosty likes this.
  6. johnarb

    johnarb

    idiot circular logic again, waxy :D

    You did not answer my question, where did the funds come from? It's your chart, you highlighted 5 weeks

    In that 5 weeks, $10B worth of bitcoin purchase, where did it come from???

    The week before that was $4.6B and week before that was $2B

    every fucking week mstr has funds to buy bitcoin and they buy bitcoin

    WHERE DID THE FUNDS COME FROM, WAXY???? :D
     
    semperfrosty likes this.
  7. Im just happy hes back to keep us on our toes.:D

    ...except when he says double correction...not a big fan then.:D
     
    johnarb likes this.
  8. Yes convertible bonds of various types...we delved into all of it in another topic. :)
     
  9. johnarb

    johnarb

    WRONG, not convertible bonds, you clueless idiot, show us the press releases on where they issued over $25B of convertible bonds, the total debt of mstr is $7B :D

    try again, waxy, 7 weeks on YOUR CHART, $16.5B worth of bitcoin purchase by mstr

    where did it come from if not from convertible bonds?
     
  10. Lol they're dumping it on you guys.
    Screenshot_20250514-094822.png

    I imagine there'll also be more share offerings in the future diluting further. This is why I don't hold MSTR...give me dividends!
     
    johnarb likes this.