Ever feel bad you didn't start stacking sats when you first heard about bitcoin? Michael Saylor probably the most well known bitcoin maxi knew about bitcoin back in 2013 but thought it would go the way of online gambling. If Microstategy would have bought bitcoin when he sent out that tweet they would have over three times the total amount of btc they currently hold with only their first purchase. Price of bitcoin on December 18, 2013 - $523 First purchase of bitcoin from Microstrategy on August 11, 2020 - 21,454 btc ($250 million) the same $250 million would have bought Microstrategy 478,011 btc on 12/18/13 Microstrategy currently holds 140,000 btc, they could have had 3.4 times more btc with one single purchase if they would have bought back at the time of the tweet. you can see all of Microstrategy's purchases here you can also see Michael Saylor explain the bearish tweet on this podcast Saylor explained he had no recollection of making the bearish tweet until it was brought to his attention by Bitcoiners sorting through old tweets following this tweet. So don't feel that bad about missing out on $100 or $1,000 bitcoin, you're not the only one who did. [link] [comments] |
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