MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per #bitcoin. As of 2/25/24,
@MicroStrategy
now hodls 193,000 $BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin. $MSTR
pull down to refresh
67 sats \ 1 reply \ @TheBTCManual 26 Feb
Stacking 200k BTC has to go down as the greatest corporate balance sheet trade of all time, everything after that is just sprinkled on top of a tasty sundae.
reply
1 sat \ 0 replies \ @KLT 26 Feb
Seriously. I can’t wait to see how this plays out historically.
reply
31 sats \ 1 reply \ @JesseJames 26 Feb
This guy is on fire... I think this company will become a model for how to secure the business financially. Hope others will learn.
reply
31 sats \ 0 replies \ @IgnaciobTato OP 26 Feb
Yes, recently I shared a news that MS is rebranded as a Bitcoin Development Company.
Also, they most not be behind the rest of the ETFs if they want to have bitcoin services in the future. The decrease of grayscale is a good news for them.
reply
10 sats \ 0 replies \ @JuanMiguel 26 Feb freebie
I can't wait to the day where MicroStrategy, US ETFs and Bitcoin Maxis are the ONLY ones holding BTC, because every normie/trader sold it for melting ice cubes aka fiat.
reply
0 sats \ 0 replies \ @nym 25 Apr
And still going!
reply
0 sats \ 0 replies \ @aoeu 27 Feb
I own MSTR in my 401k since I can't own real BTC. It so far as performed great. I could sell a bit and move it into one of the ETFs, but I'd rather continue to play with the leverage that MSTR offers as I feel we are at the beginning of a bull run here.
reply
0 sats \ 1 reply \ @stacksatstoday 26 Feb
Now with a 13.52B MC just about 2B till they can qualify for the S&P500. Haha boomers won't even realize they will have a BTC proxy in their retirement accounts lol.
reply
0 sats \ 0 replies \ @aoeu 27 Feb
I thought they'd automatically get added in if they met the criteria of the top 500 largest US publicly traded companies, but I guess there is actually some sort of a selection process. I understand how you don't want to often have to swap the companies at the tail end of the 500 largest as that could change on a daily basis. But, if a company like MSTR jumps well above the 500 level, then I don't see how it can't be added in
reply
0 sats \ 0 replies \ @riberet19 26 Feb
There is no second best
reply