Software developer and investor.
Bitcoin is the greatest brand of all.
#BITCOIN price drivers:
1. Inflation
2. Adoption
3. Utilities - L2, 3, 4, 5 applications
4. Oceans of institutions & nation states money is coming
5. Bitcoin will demonetize gold, bonds, stocks & real estate
6. Bitcoin ETF
7. FASB accounting for bitcoin
8. Bitcoin will eat all shitcoins
Everything I said here is not financial advice, please do your own research.
MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hodl 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR
🔥🔥🔥
#Bitcoin is getting close to $0.08M and will be $0.1M soon. Game theory is in play. Institutions, nation states and retail investors will be rushing to buy.
MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.
Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!
The "melting ice cube" of cash holdings, eroded by inflation year after year.
This is what Michael Saylor feared for his company when he decided to buy #Bitcoin in 2020.
MicroStrategy's market cap is UP ~45x since then.
Get some Bitcoin @Ford
JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.
Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!
The "melting ice cube" of cash holdings, eroded by inflation year after year.
This is what Michael Saylor feared for his company when he decided to buy #Bitcoin in 2020.
MicroStrategy's market cap is UP ~45x since then.
Get some Bitcoin @Ford