MicroStrategy adds 2,500 BTC since Nov. 1.

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11021

    #1
    MicroStrategy adds 2,500 BTC since Nov. 1.
    In brief

    • MicroStrategy, the largest corporate Bitcoin holder, has added approximately 2,500 BTC to its reserves since November 1.
    • That tally includes a sale of BTC on December 22 for potential tax benefits—the first sale since it started accumulating Bitcoin in 2020. https://decrypt.co/118061/microstrat...even-moreMicro
  • Optional
    Administrator
    • 06-10-10
    • 60714

    #2
    sounds smart, realize a loss and rebuy with same money. will be able to offset whatever happens then.
    .
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    • ChuckyTheGoat
      BARRELED IN @ SBR!
      • 04-04-11
      • 36730

      #3
      I keep hearing about BTC going off exchanges. If anything, the FTX scam should be an alarm bell to self-custody.

      Sounds similar to the Silver supply drying up. Or I could be Wrong.
      Where's the fuckin power box, Carol?
      Comment
      • Arky
        SBR MVP
        • 12-09-11
        • 1093

        #4
        Article says MicroStrategy's DCA is around 30K - which is not that bad...

        I think this is Saylor's first bear market and he seems a little bummed in recent interviews but he's not that far off, IMO. He's a smart guy and I expect him to adjust... I think I read somewhere that his personal BTC DCA is around 10K but don't quote me on that...

        I'm still quite green with BTC, ETH and Monero but got a whole bunch a alts that aren't in very good shape. HODLing and DCAing works very well with BTC and ETH - not so much with the other alts... Gonna dump them eventually but not right now...just need to go up a little more. As mentioned, taking the loss can actually help on tax forms.

        I expect another big dip sometime before summer hits. Tax season makes some people get out for a bit...
        Comment
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