"Michael Saylor is doing what Michael Saylor does best: hoarding Bitcoin. In fact, MicroStrategy (Strategy) has been accumulating BTC at a record pace - even as BTC flirts with $100,000.
Not only has Bitcoin’s biggest permabull been adding billions of dollars of BTC to MicroStrategy’s balance sheet every week, but other companies have even started following suit. It seems the performance of the company’s MSTR stock has been simply too bullish to ignore.
Today, we’ll tell you everything crypto’s most notorious company has been up to, how a strategic bitcoin reserve could affect MSTR, and what all of this means for crypto. Enjoy!!"
~ Coin Bureau
TIMESTAMPS
0:00 Intro
0:34 Recap Of Our Previous Strategy Update
4:16 How Strategy Funds Its BTC Purchases
8:04 Strategy’s Recent BTC Purchases
12:39 Other Companies Inspired by Strategy
16:11 What A Strategic Bitcoin Reserve Means for Strategy
18:12 What All Of This Means For The Crypto Market
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=I1bmXKBOd50
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.