Michael Saylor's company bought another $138 million of $BTC last week, its biggest purchase in five months. Strategy now holds around 846,000 Bitcoin with a cost basis near $64 billion.
Every time this happens I get the same question: should I copy him?
Here is what people miss. Strategy buys with money raised from the stock and bond market, on a multi decade view, with no rent to pay and no margin call. You and I buy with savings, with a job, with a family, with a life that has monthly bills.
Same asset, completely different risk.
Copying the asset is easy. Copying the time horizon and the balance sheet is not.
Own Bitcoin if you believe in it. Just own it in your size, not his.
Do you think corporate buying like this changes the cycle, or is it noise?
Education only, not financial advice.
#Saylor #Bitcoin #Strategy $BTC
Every time this happens I get the same question: should I copy him?
Here is what people miss. Strategy buys with money raised from the stock and bond market, on a multi decade view, with no rent to pay and no margin call. You and I buy with savings, with a job, with a family, with a life that has monthly bills.
Same asset, completely different risk.
Copying the asset is easy. Copying the time horizon and the balance sheet is not.
Own Bitcoin if you believe in it. Just own it in your size, not his.
Do you think corporate buying like this changes the cycle, or is it noise?
Education only, not financial advice.
#Saylor #Bitcoin #Strategy $BTC