News

Michael Saylor keeps Buying Bitcoin while Everyone Talks about WallStreetBets

Peter Schiff is a dying breed of old school, apocalypse toting, gold bugs that are losing their minds at the continued success of Bitcoin. Gold does have a solid set of fundamentals behind it – but the world has evolved beyond gold and it’s utility to survive in a digital age is growing slim.

Michael Saylor has found ridiculous success in his business career by staying ahead of the curve.

There is no one with a stronger track record at investing during the proper times when it comes to technology product cycles and economic effects.

Ray Dalio Changes his Mind on Bitcoin

There aren’t many alternative gold-like assets at this time of rising need for them (because of all the debt and money creations that are underway and will happen in the future).

Because of what is going on in the world, besides there being a growing need for money or store hold of wealth assets that are limited in supply, there is also a growing need for assets that can be privately held.

Elon Musk adds #Bitcoin to his Twitter Profile

We’ve been growing more and more confident that Tesla would jump into utilizing Bitcoin as a treasury reserve asset. Tesla’s cash reserves have been exploding – exponentially growing even as of 2020 with the stock pumping to record highs.

Now it seems inevitable that Tesla will add Bitcoin to its treasury reserves in 2021.

Marathon Patent Group $MARA Discloses New $150 Million Bitcoin Treasury Asset Reserve

Major U.S. public companies continue jumping into the digital asset space as a hedge against inflation and government regulation.

It isn’t a surprise that Marathon Patent Group is one of the first in 2021 to disclose their new treasury asset allocations into Bitcoin. They have already been significantly involved with Bitcoin mining and other cryptocurrency activities.

Michael Saylor ($MSTR) buys $10 Million More Bitcoin and Announces “Bitcoin for Corporations” Conference in February

To most this $10 million dollar, “small change”, bid into Bitcoin barely raises an eyebrow when MicroStrategy has already purchased over 70,400 Bitcoins PRIOR.

It’s not about the amount – but it shows that MicroStrategy’s “treasury reserve” strategy will include continued buying pressure on Bitcoin for months and years to come.