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MicroStrategy® Incorporated today announced that it had purchased an additional approximately 13,005 bitcoins for approximately $489 million in cash at an average price of approximately $37,617 per bitcoin.
$BTCpic.twitter.com/EqAoaTGi3n
Total holdings are now 105k $BTC at an average price of $26k.
Let the games begin.
I'm guessing the $1b of dry powder via the stock offering will be deployed periodically once he goes underwater.
Nice number. Let me think.....
Did coinbase cash 11 mil off him? Thats insane
Can we please send it to $26k pronto
we will see reversal after Saylor is liquidated lol
You mean no reversal because he ain't getting liquidated?
Saylor got a stop loss set for it all at $26.1k
little profit is profit
Lol, people saying he gonna be liquidated. Let then understand he holds spot, and isn’t gonna be liquidated unless something goes on with his company
Yeah, price doesn't matter the next few years. Once the first bonds are due, he might have to sell if $MSTR is low enough that the bond buyers don't want to convert to equity at 130% premium, and just want cash. Short term price swings don't matter. Bonds aren't margin.
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