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Bitcoin as an asset has 4 key properties
1. It is hard to make.
2. It is easy to move.
3. It is easy to audit.
4. It is easy to hold yourself.
Gold is also hard to make, but it fails on the last 3.
Fiat is easy to move, but fails on 1,3, and 4.
Bitcoin is just a better form of money than fiat and gold. And its far better than all copycats and wannabes that came after it.
It's the money of the 21rst century.
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MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per Bitcoin — link
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According to Glassnode, US OTC platforms have run out of bitcoins.
Amid the asset's price climbing towards $64,000 on Wednesday, only 40 coins remained on major platforms.
We're going to see supply shortage very soon. Prepare for a pump like we've never witnessed before.
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JUST IN: Michael Saylor's MicroStrategy Bitcoin investment is now at a $4,650,000,000 unrealized profit.
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🇪🇺 European Central Bank says Bitcoin fair value is still zero, and it's not suitable as means of payment or as an investment.
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Current economies in recession:
🇵🇪 Peru
🇯🇵 Japan
🇮🇪 Ireland
🇪🇪 Estonia
🇫🇮 Finland
🇲🇩 Moldova
🇩🇰 Denmark
🇱🇺 Luxembourg
🇬🇧 United Kingdom
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YTD Returns 🔥
Bitcoin 22,10%
Ethereum 22,46%
BNB 12,56%
Solana 7,34%
XRP -10,10%
Cardano 4,96%
Avalanche 3,00%
Dogecoin -9,23%
Tron 25,40%
Chainlink 33,66%
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In January, MicroStrategy acquired an additional 850 BTC for $37.2 million and now holds 190,000 BTC — link
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——————————————————
79 Days Until The #Bitcoin Halving ——————————————————
Progress: 94.5%
Current Block: 828,421
Halving Block: 840,000
Blocks Remaining: 11,579
Estimate Date: April, 20, 2024
