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CRYPTO MECHANIC
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Saylor will go down in history for buying this much Bitcoin. Does not matter if he wins or loses. If he wins he'll make Billions and it will be an investment that everyone will remember. if he loses not only he will destroy strategy but will give so much damage to Bitcoin. If that happens In the end Bitcoin will still survive but his Company may not. He currently holds 506,137 Bitcoin worth $44.64 Billion based on the current price. What's your take on it?
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Strategy just closed its $711 million STRF share sale, unlocking fresh capital to probably buy more Bitcoin. According to the document they will be paying a 10% Annual dividend which is $71 million a year. MSTR paying 10% to get money to continue BTC purchases.
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Be careful chasing $MOVE token it's going up because they had to remove their market maker because binance found some fishy activities. These wicks you see on the charts are because there is not enough liquidity on the pair right now. 👉🏻 What Does a Market Maker Do? A market maker helps keep trading smooth by placing buy and sell orders in the market. This helps: Reduce price jumps (also called “slippage”) Keep trading spreads small (difference between buy and sell prices) Provide liquidity so trades can happen more easily When there is no market maker, the order book can become thin. This makes it easy for big orders to move the price a lot, creating those big wicks you see on the chart.
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Binance Earn introduces Yield Arena | $1M in Crypto Rewards
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What's your Bitcoin price target now ?
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