MicroStrategy buying another $10 million BTC. Michael Saylor FOMO?

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Could it even be called FOMO if you are one of the first one doing it?

MicroStrategy bought another $10 million of Bitcoin yesterday (295 BTC). This year they bought 609 BTC spending $20 million.

Michael Saylor's fear of price going up before he manages to buy as much as he can. He talked about it few times in his interviews. He mentions how he was not able to buy big quantities in short period of time and going to sleep with thoughts "what if someone else figures this out and starts buying before him"

So why buy $10 million of Bitcoin yesterday?

Well Microstrategy is holding Bitcoin for Corporations seminars today. They will be sharing all of the knowledge needed for corporations to enter the Bitcoin market. All the legal stuff, all the accounting, regulation problems. Things that took MicroStrategy months to figure out, they will be sharing it as Michael Saylor said "open source". Of course they have interest in more corporations getting into Bitcoin, so it will be free but beneficial for them.

Now Michael Saylor shared 2 days ago "more than 1400 firms joining us tomorrow for this discussion."
https://twitter.com/michael_saylor/status/1356712865827332099

Knowing how big is the interest of corporations for the discussion, it makes sense that MicroStrategy went for another $10 million of Bitcoin.

Will all of those corporations be going into Bitcoin, how hard, and how fast? Will it be a race to try and buy it before it goes to the moon? Well we will see in the next few weeks and months.

Looks like fun times for BTC price. Do you own enough? Is anyone? :D

Posted Using LeoFinance Beta



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