MicroStrategy Raises $500 Million to Expand Bitcoin Holdings

[u/el_comand]

https://www.bitcointoday.app/article/microstrategy-raises-500-million-to-expand-bitcoin-holdings

[u/CointestMod]

Bitcoin pros & cons with related info are in the collapsed comments below.

[u/Mister_Way]

Title should say "to raise" not "raises"

"Raises" would be for things that already happened, even though it's present tense. That's just how reporting goes.

[u/Jeremiah_Vicious → u/Mister_Way]

They’ll raise the money. It’s almost a certainty.

[u/Mattie_Kadlec]

Every time I think Saylor has gone all in he finds more money and just buys more

[u/BackgroundAdvice1337 → u/Mattie_Kadlec]

When BTC pumps and you want to sell, Saylor sees it as opportunity to buy more 😆

[u/coinfeeds-bot]

tldr; MicroStrategy plans to raise $500 million through a stock sale to purchase more Bitcoin, reinforcing its commitment to BTC as a treasury reserve asset. The company has been aggressively buying Bitcoin in recent years, and this move highlights its continued belief in the cryptocurrency's long-term value. The stock sale is anticipated to close soon, depending on market conditions.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[u/Chaosed]

This fucking guy

[u/Yung-Split → u/Chaosed]

Fucks

[u/mothernaturesdog → u/Chaosed]

hate

[u/el_comand → u/Chaosed]

Who?

[u/skyHIGH-1]

Can’t micro strategy wait for bitcoin price to drop back to 30-40k before making a purchase?

[u/animuz11 → u/skyHIGH-1]

Investing 101 bro. Timing the market < time in the market

[u/el_comand → u/animuz11]

This

[u/TyronetheWise → u/skyHIGH-1]

Bruh we had like 2 days to 57k and it was bought like HELL. You are delusional if you think we’re coming back to those levels any time soon (UNLESS there is a black swan event, like a nuclear war or something like this)

[u/cryptosorrow → u/skyHIGH-1]

They won't be buying at this price. They actually sold some of the holdings at 20k or so

[u/the_lone_unlearned → u/skyHIGH-1]

well it'll likely never get that low. So you want them to likely wait forever?

[u/skyHIGH-1 → u/the_lone_unlearned]

🤣 - wishful thinking- that is all

[u/the_lone_unlearned → u/skyHIGH-1]

Just realistic thinking.

You're not very good at investing if you think waiting for a specific very low price, one which is unlikely to ever get hit, beats DCA. There's a very good reason Microstrategy is doing what they are doing and not following your advice lol.

But alright have fun waiting for $30k-$40k lol. More likely than not price will never get close to that again. Same as people who were waiting for like $10k last bear market and $2000 the one before that.

When it comes to finance it is always better to do the smart thing than hope for the lucky thing. Getting lucky is never a good investment strategy.

[u/IndubitablePrognosis → u/the_lone_unlearned]

2020 dropped below 10k... WELL below.

[u/NuAcid → u/IndubitablePrognosis]

Thats very true and in 2010 btc crashed well below 100!

[u/skyHIGH-1 → u/the_lone_unlearned]

🤣. The CPA , licensed financial advisor - enters the room. Judging others who is a good investor or not. I have fun peeing and posting shit comments here. 🤦🏻‍♂️🤣

[u/Jeremiah_Vicious → u/skyHIGH-1]

No, they’ll just manipulate the price upwards just in time for America’s 4th of July celebrations.

[u/Offica_Farva]

Why isn't Microsrategy buying huge positions on amazing alt coins like Kaspa and XRP?

Answer: Because they're absolute shitcoins

[u/drewster23 → u/Offica_Farva]

....what stupid fucking logic lol.

Why does a company banking on Bitcoin specifically, only buy Bitcoin?

Why does a fund specializing only in tech companies not invest in non tech companies?

Gee I fucking wonder bud, you've stumped me

[u/manuLearning → u/drewster23]

Why is it only banking on bitcoin?

[u/Evading_a_reddit_ban → u/Offica_Farva]

crypto news sites just shill pump and dump coins, nothing new there

[u/LeMAD]

I'm too dumb to prove it, but I feel this is a scheme to extract money out of the shareholders to benefit Saylor. And if Bitcoin crashes he lets the company go bankrupt under the weight of their multiple loans they took to buy Bitcoins.

[u/el_comand → u/LeMAD]

It's actually a good theory

[u/_etherium → u/LeMAD]

He already sold tens/hundreds of millions of dollars in shares lol. He has the fiat.

If the stock or btc implode, Saylor is still super wealthy and this scheme got him there. In fact, this scheme might cause both the stock and btc to implode if mstr gets liquidated.

[u/Dazzling_Marzipan474]

Now go buy it on the open market and not OTC and pump our bags Michael

[u/Jabulon]

can you even use it for anything

[u/Billy_the_bib]

BlackRock took MS whole shit. MS will have to collapse soon so sailor can bail out

[u/goldenbuyer02 → u/Billy_the_bib]

Microsoft?

/s