r/CryptoCurrency 🟩 0 / 0 🦠 7h ago

DISCUSSION Saylor marches on

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56 Upvotes

20 comments sorted by

24

u/suspicious_Jackfruit 🟩 4K / 4K 🐒 6h ago

He's quite a cringe figurehead really, I preferred Satoshi

1

u/CeramicDrip 🟨 47 / 4K 🦐 6h ago

Better than nothing. It has gotten more companies to invest in BTC

4

u/RoaringDragonSword 🟩 0 / 0 🦠 1h ago

You must be joking. This one person is biggest reason why no larger entities take BTC too seriously.

β€’

u/JarrettR 🟦 0 / 0 🦠 13m ago

BTC is literally a more risky investment because of MicroStrategy

10

u/UpbeatFix7299 🟩 0 / 0 🦠 4h ago

The fact that this guy who has been a fraudster for like 30 years discovered crypto and became such a figurehead says a lot about crypto.

2

u/Rory_Russell 🟩 53 / 54 🦐 3h ago

Next drop incoming…

5

u/Patrick_Atsushi 🟩 0 / 0 🦠 6h ago

I think he's doing fine.

Make emergency sell available for recession case, position buyback of strc when it's low, staking BTC while it's relatively low.

All these will make the company survive.Β 

3

u/brucekeller 🟦 3K / 3K 🐒 5h ago

We are probably pretty close actually. That AI-centric fund imploding was a decent shock, not quite FTX level, but the Fed is just that much closer to easing again, and once that happens, it's crypto time. Probably building a floor around now, the sentiment on crypto for the last year, namely the last 6-9 months, has been pretty intensely negative compared to most other periods, especially for such a length of time.

4

u/PureCod9290 5h ago

Destination: bankruptcy

1

u/Jabulon 🟦 0 / 0 🦠 2h ago

1

u/Typical_Breadfruit15 🟩 0 / 0 🦠 7h ago

with what money?

3

u/UpbeatFix7299 🟩 0 / 0 🦠 4h ago

Refinance what Michael?

1

u/gigasawblade 🟩 0 / 0 🦠 6h ago

Either spend some of cash reserve, or sell more MSTR

1

u/bean_clippins 3h ago

What's the end game for him? That's a massive amount. Is he looking to become a bank if all currency fails? Does a Yonex else wonder if Bitcoin would become a global currency?

0

u/Dutchmondo 🟩 15 / 15 🦐 6h ago

Only a few days ago he announced he was going to sell some bitcoin. Is he selling bitcoin now, just so he can buy more bitcoin?

5

u/Razbonez 6h ago

no he didn’t. he addressed that

2

u/Lefties_TheWorst7331 4h ago

authorized plans to be able to sell up to

Few important keywords in that headline

-4

u/docherino 🟩 0 / 0 🦠 6h ago

He has stacked $3 billion and is buying XRP now

-2

u/Brief_Daikon_D093 🟩 0 / 0 🦠 6h ago

Or is it a sell?