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Look, I know I am late to the party.
I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy.
Yet, this past Friday, for the first time since 2018, I bought stocks — specifically MicroStrategy (MSTR) and a couple other companies also holding bitcoin on their balance sheets. It was something I never thought I’d do again.
In 2018, I sold all my stocks for more bitcoin when the price crashed into the $3,000 range, and I have not purchased any other asset than bitcoin since then.
That changed this week. I was reading this interesting thread from Jeremy Garcia, founder and CEO of Satoshi’s Journal, and he was summarizing MicroStrategy’s Q3 2024 earnings call from earlier this year. It made me come to some realizations.
First, if bitcoin is going to succeed in reaching a price in the hundreds of millions and beyo
We współpracy z: https://bitcoinmagazine.com/takes/why-i-capitulated-and-started-buying-mstr
