According to the latest data, MicroStrategy continued to expand its Bitcoin holdings last week, adding 1,229 BTC with a total transaction amount of $108.8 million, and an average cost basis of $88,568 per BTC. Although this investment is currently in floating loss, the company's holding strategy remains firm.
Looking at the entire market, few institutions are actively increasing their Bitcoin positions. Besides MicroStrategy, the Salvadoran government is also one of the few resolute optimists, continuing to buy on dips. In a context where most market participants remain cautious, the sustained accumulation by these two players is particularly noteworthy and also reflects confidence in Bitcoin's long-term prospects.
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RugResistant
· 12-29 18:57
microstrategy dropping another 1.088b on btc at 88.5k... analyzed the numbers thoroughly and ngl the conviction here is suspicious. red flags detected—why so aggressive when most institutions are ghosting? potential pump coordination or genuine long-term play? needs further investigation honestly. dyor but something doesn't add up with the timing.
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BearMarketBuyer
· 12-29 18:57
MicroStrategy's move really is a bold bet; they are adding to their position despite unrealized losses. They must be very bullish on Bitcoin.
The Salvadoran government is playing along with them—these two really dare to do it.
Institutions are all watching cautiously, but these two are all in—either they become legends or they become jokes.
Entering at the price of 88500, it hurts a bit now, but I believe in their determination.
When the bear market truly arrives, these coins will be worth their weight in gold.
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RektButStillHere
· 12-29 18:53
MicroStrategy is again bottom-fishing; this guy really can't be contained, not even afraid of unrealized losses.
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AlwaysMissingTops
· 12-29 18:38
MicroStrategy is really bold, continuing to buy even with floating losses. Is this faith or just stubbornness?
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Invested 88k, now definitely trapped, but their stance is indeed a bit fierce.
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Are these institutions still adding? Looks like the big players are all watching and hesitating.
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El Salvador and MicroStrategy are encouraging each other, quite interesting... but buying the dip is easier said than done.
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Daring to add to floating losses, either they are foolish or truly believe Bitcoin can recover. I bet on the latter.
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Are they still trading between the two? Should we be worried or follow the trend...
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One company, one country, their stances are indeed different, but the risks are really high.
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The cost of 88k now... this wave is betting on the future.
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BlockchainBouncer
· 12-29 18:32
MicroStrategy's move is really brilliant, still aggressively buying the dip despite unrealized losses—that's true conviction.
Wait, they bought in at $88,568... Are they still losing now? It must be pretty bad.
Anyway, these two are the only ones daring to add to their positions when everyone else is scared. Either they're geniuses or crazy, let's just watch the show.
Why do I always feel like institutions are just playing a game? Are they really confident or just gambling?
Honestly, if Bitcoin rebounds this time, MicroStrategy's position could make a huge profit.
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SpeakWithHatOn
· 12-29 18:30
Daring to add positions despite unrealized losses, this is true conviction. As retail investors, we can only hold silently.
According to the latest data, MicroStrategy continued to expand its Bitcoin holdings last week, adding 1,229 BTC with a total transaction amount of $108.8 million, and an average cost basis of $88,568 per BTC. Although this investment is currently in floating loss, the company's holding strategy remains firm.
Looking at the entire market, few institutions are actively increasing their Bitcoin positions. Besides MicroStrategy, the Salvadoran government is also one of the few resolute optimists, continuing to buy on dips. In a context where most market participants remain cautious, the sustained accumulation by these two players is particularly noteworthy and also reflects confidence in Bitcoin's long-term prospects.