Man, that must really hurt.
Lately, it seems when Michael Saylor buys Bitcoin, it dips further. Maybe that may be a good strategy to adopt. When he buys, you sell.....
Bitcoin hoarder Strategy buys $2.13 billion in bitcoin in eight days
UPDATE 1-Bitcoin hoarder Strategy buys $2.13 billion in bitcoin in eight daysCo holds 709,715 bitcoin as of January 19Analyst expects co to continue buying bitcoin during price dipsQuarterly results not key metric for Strategy, analyst saidCo shares drop 7.4%, bitcoin falls 3.6%Adds comments from analyst in paragraphs 5,6 and 9, update sharesBy Prakhar Srivastava. Jan 20 - Billionaire Michael Saylor's bitcoin-focused firm Strategy MSTR.O said on Tuesday it bought about $2.13 billion worth of bitcoin over the past eight days, stepping up purchases even as its stock has been pressured by cryptocurrency volatility.The company acquired roughly 22,305 bitcoin between the period of January 12 and January 19, according to a regulatory filing.The purchases were funded using proceeds from the company’s at-the-market share offering program, Strategy said.Saylor said in an X post on Tuesday that Strategy holds 709,715 bitcoin as of January 19.Earlier this month, Strategy reported an unrealized l
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