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Michael Saylor is one of Bitcoin’s most prominent figures. He’s well known for being one of the most bullish people in the world - possibly even Bitcoin’s biggest permabull. His company, Microstrategy, has just completed yet another massive purchase of BTC, bringing its total holdings to 279,420 BTC. Who knows, that number could be even higher by the time this goes out.
Recently, MicroStrategy announced a major part of its roadmap to expand its massive BTC reserve, and to say this is a bullish development would be an understatement. The so-called “21/21 Plan” could be a key catalyst to push up not only its MSTR stock price, but also the price of BTC. You might recall that this is exactly what happened back in 2020.
Today, we’ll give you the latest news from MicroStrategy, and tell you what this could mean for both MSTR and BTC.
TIMESTAMPS
0:00 Intro
0:54 Recap Of Our Previous MicroStrategy Update
4:56 MicroStrategy’s Further Purchases Of BTC
7:55 Microstrategy’s Announcement Of Its 21/21 Plan
11:43 How This Could Affect MSTR’s Price
18:03 Potential Concerns
18:03 What All Of This Could Mean For BTC’s Price
20:24 Outro
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=ZE4oKhuh1Cc
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.
