Recently, MSTR bought a significant amount of USD worth of BTC, compared to the past.

in hive-103599 •  8 days ago  (edited)

1000029603.jpg

Source: SaylorTracker

Size of circles means amount of BTC(Bitcoin) purchase in USD. MSTR(MicroStrategy) started buying BTC since Sep 2020. They purchased it even during the bullish market in 2021.

Compared to the past, recently MSTR bought a significant amount of USD worth of BTC. They're unstoppable 😲

1000029605.jpg

Source: CompaniesMarketCap

If BTC marketcap catches up with the Gold marketcap, BTC price will be around $900k. I think MSTR will continuously buy BTC until BTC beats Gold, and it will take either 5 years(1 cycle more) or 9 years(2 cycles more).

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Blackrock believe BTC will get to that soon