MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD.
It's now been four weeks since $MSTR announced its three-year plan to spend $42 billion buying #Bitcoin. MSTR has already spent $10 billion. At this rate, the three-year plan will be completed in about 16 weeks. Once the buying is done, expect both Bitcoin and MSTR to crash.
— Peter Schiff (@PeterSchiff) November 26, 2024
JUST IN: Jim Cramer says "I think Bitcoin, Ethereum and maybe even some other cryptocurrencies deserve a spot in your portfolio." pic.twitter.com/utB1jqJizN
— Watcher.Guru (@WatcherGuru) November 27, 2024
Since Michael Saylor's speech on CNBC, shares of Micro Strategy $MSTR are down -35% https://t.co/caE0xwDYkp pic.twitter.com/sjCJdznBWl
— Financelot (@FinanceLancelot) November 26, 2024
We still laughin?
Don't be alarmed, it gets much worse. https://t.co/lhwK5b1mRF pic.twitter.com/MEgBqGGfl2
— The Great Martis (@great_martis) November 26, 2024
yesterday $435.3MM outflow from bitcoin ETFs
this is just the beginning
mass exodus is coming
— Nostra, House of Gold (@Nostre_damus) November 26, 2024
h/t Tom_Ford-8632