MicroStrategy just bought 2,500 Bitcoin, I thought crypto haters and Micheal Saylor haters said they were supposed to be getting liquidated and that MicroStrategy was going to dump all their Bitcoins, in fact, rumors had it that Micheal Saylor the former CEO of MicroStrategy, and Bitcoin maximalist was forced to step down as CEO for Phong Le by the board of directors because he was misusing company funds to buy Bitcoin and also that he is a dumb investor because investing in Bitcoin that is going ZERO will be the end of Microstrategy like it is going to crash and burn the company.
But here we are witnessing MicroStrategy add more Bitcoin to their portfolio, for the second this year after Micheal Saylor stepped down as CEO, the company recently bought or purchased an extra 2,500 Bitcoin making their total Bitcoin holding to be 132,500 Bitcoin which is now worth about $4 billion, accord to Micheal Saylor's recent tweet yesterday which shows that MicroStrategy is not done investing in Bitcoin no matter the crypto market as long as they have money laying around as they had promised.
Micheal Saylors Tweet:
MicroStrategy has increased its #Bitcoin Holdings by ~ 2,500 BTC. As of 12/27/22 @MicroStrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average price of ~$30,397 per bitcoin. $MSTR
So as MicroStrategy has continued to accumulate more Bitcoin as Michael Saylor stated that they would before stepping down, I would like to know where all the people who predicted Margin Calls and Liquidation for the company are now and how they are feeling seeing MicroStrategy invest more and more into Bitcoin rubbing it in their faces, and also before I forget where and how are those that thought and said that MicroStrategy would have sold off all their Bitcoin holdings by now. Bitcoin is the best asset in the world right now and MicroStrategy is determined to continue accumulating more irrespective of what people say and the crypto market condition. MicroStrategy is doing well and also shutting crypto haters up as a bonus.
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