Why Nostr? What is Njump?
2024-10-22 20:03:18

Lau on Nostr: Just realise how much #Bitcoin #MSTR can buy at high price levels without changing ...

Just realise how much #Bitcoin #MSTR can buy at high price levels without changing their average much. They'll be able to push the price up if supply gets low enough.

For example MSTR could buy 100k #BTC @ $200k/BTC and their average would be $119k per coin.

By the time Bitcoin hits $400k, MSTR will be about $81B in profit on a $9B investment. How much Bitcoin could MSTR buy by leveraging that $81B?

Safe to say MSTR's plan is to buy the top forever, like said he would.
Author Public Key
npub1t2wy3j850q34zy6amzw9mzfsl66eedcx2tlaxlv3v7leytedzp5szs8c2u