More bitcoin bubble headlines https://www.coindesk.com/markets/20...worth-additional-btc-pushing-holdings-to-59b/ Keep buying up the magical coin. The risk is absolutely enormous!!!
The recent purchase pushes the company's holdings to 189,150 BTC worth around $5.9 billion, which was bought at an average price of $31,168 per BTC. Shouldn't this mean he made more money?
It's nothing but europhoria driving this stock up. If bitcoin dropped to a few dollars this company would be bankrupt.
Some people buy when ithe Price is already very high. They don't like to buy when the price is low. They don't BUY LOW SELL HIGH. they BUY HIGH AND HOPE TO SELL HIGHER. they follow the book THE GREATER FOOL THEORY
How about them apples!!!! MicroStrategy Incorporated misses on earnings expectations. Reported EPS is $-10.08656 EPS, expectations were $0.74.
I posted this 2 years ago, but it's good to repost it as now we've seen the genius of Michael Saylor, "the Picasso of financial engineering" Click the play button and listen and understand the 10 minutes of video. It's already at the proper section At some point, Michael Saylor will either get taken out (Eipsteined) or becomes the first (known) $trillionaire individual. He also owns 17,000 bitcoins in his personal account
So wait wait wait.....if what they say is true why arent all CEOs of every major corporation around the globe doing the same exact thing MSTR is doing???