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.
‘The first way to address the “war on poverty” is to get rid of currency inflation and return to a form of money whose value holds over the long term.’
— Satoshi Nakamoto
MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR
Saylor never stops 🔥🔥🔥🔥
Saylor’s 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella, articulating why the company should do the right thing and adopt #Bitcoin.
Year to date, $MSTR's treasury operations delivered a BTC Yield of 59.3%, providing a net benefit of ~112,125 BTC to our shareholders, or ~341 BTC per day. At $100K per BTC, that would equate to $11.2 billion for the year so far, or $34.1 million per day.
Of you don’t know MSTR is bitcoin related company, think of it as a normal tech giant, what will a company grows at 59.3% a year and have $40+ billion dollars treasury reserves worth? Let that sink in.