Michael Saylor is one of Bitcoin’s most prominent figures. He’s well known for being one of the most bullish people in the world - possibly even Bitcoin’s biggest permabull. His company, Microstrategy, has just completed yet another massive purchase of BTC, bringing its total holdings to 279,420 BTC. Who knows, that number could be even higher by the time this goes out.
Recently, MicroStrategy announced a major part of its roadmap to expand its massive BTC reserve, and to say this is a bullish development would be an understatement. The so-called “21/21 Plan” could be a key catalyst to push up not only its MSTR stock price, but also the price of BTC. You might recall that this is exactly what happened back in 2020.
Today, we’ll give you the latest news from MicroStrategy, and tell you what this could mean for both MSTR and BTC.
0:00 Intro 0:54 Recap Of Our Previous MicroStrategy Update 4:56 MicroStrategy’s Further Purchases Of BTC 7:55 Microstrategy’s Announcement Of Its 21/21 Plan 11:43 How This Could Affect MSTR’s Price 18:03 Potential Concerns 18:03 What All Of This Could Mean For BTC’s Price 20:24 Outro
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
