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El Salvador Buys 1 Bitcoin Every Day Since 2 Years Ago.
For two years running, El Salvador made a controversial move by buying 1 Bitcoin every day in the midst of a bearish market. Despite opposition from some parties, this long-term strategy is now yielding remarkable results. So, how much profit has El Salvador managed to pocket from the acquisition of Bitcoin? Let's discuss.
MicroStrategy Holds $26 Billion Bitcoin Reserve, Larger than Nike and IBM.
Microstrategy (MSTR), a US-based software company, now holds a reserve of Bitcoin (BTC) worth US$26 billion equivalent to Rp400 trillion. This strategic move not only surpasses the cash reserves of giants like IBM and Nike, but also caused MicroStrategy's stock to soar by more than 2500% since 2020.
So, will MicroStrategy reacquire Bitcoin to increase their ownership? Then how long will they hold it? Is it possible for them to sell it after the bull market?
let's discuss together!
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