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"We should live without fear, face difficulties without avoidance, and move forward courageously! While others climb mountains, I invest in Bitcoin; while others tread cautiously, I keep buying even after losses!
Being able to continue buying Bitcoin despite losses is truly the behavior of a brave soul. If it were me, I might have been shaken off long ago, let alone making additional purchases after a loss. But this person is different; even after losing $146 million, they are still determined to buy more. Would you not call this person a true leader? Recently, MicroStrategy, the globally leading publicly traded company in Bitcoin holdings, reported a loss of $90 million in the fourth quarter. The main reason cited was the sharp decline in the value of Bitcoin, resulting in a reduction of $146 million in the company's Bitcoin holdings.
After such a significant loss, shouldn't they consider cutting their losses? Michael Saylor, the founder and CEO of MicroStrategy, said, 'Absolutely not, I'm going to keep buying!' In a recent announcement on Twitter, CEO Michael Saylor revealed that the company spent another $25 million between December 30th and January 30th to purchase approximately 660 Bitcoins at an average price of $37,865 per Bitcoin. As of now, the company holds a total of 125,051 Bitcoins, with a total cost of $3.78 billion and an average cost of $30,200 per Bitcoin.
Is this what they call 'While others laugh at my madness, I laugh at their lack of foresight'? Buying more even after a loss of $146 million is something I find hard to comprehend. Moreover, the CEO has declared not to sell any of the Bitcoins held, and he predicts that the ultimate price of Bitcoin will reach $6 million. See, this is someone with vision and courage. I may not be able to do the same, and I hope he doesn't push his luck too far." |
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