$BTC BTC Michael Saylor said that MicroStrategy may resume buying Bitcoin because its corporate debt is covered and STRC is close to par value. Sigh, look at this—this shows that the institution’s financial structure is gradually coming around, and the reasons to buy Bitcoin are back. Bro, whether they actually resume buying or not still depends on market sentiment and costs; you can’t decide it with one sentence. But the fundamentals are climbing steadily; I think in the short term the sentiment may still be in the push upward range. Just don’t get swept along if you’re not following. (via beincrypto)
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