3 Lessons to Learn From MicroStrategy’s List of All Bitcoin Purchases

By ssaurel | In Bitcoin We Trust | 12 Apr 2023


Look at the (almost)complete list of all BTC purchases made by MicroStrategy since August 2020:

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The only thing missing is the last purchase made in early April 2023 which you can see on the Bitcoin DCA Like Michael J. Saylor web page: https://www.bitcoinpriceinwords.com/bitcoindcalikesaylor.htm

When you see the purchases made by Michael J. Saylor on the Bitcoin price chart since August 2020, one thing should jump out at you.

That thing is that you need three things to take full advantage of the Bitcoin revolution:

1. Understand the why of Bitcoin in order to have full confidence in the Bitcoin revolution.
2. Act with conviction regardless of the short-term price of Bitcoin.
3. Be patient because a monetary revolution like the one embodied by the Bitcoin system takes time.

Michael J. Saylor combines these 3 elements and that is what will allow MicroStrategy to take full advantage of the Bitcoin revolution in the future.

If you bought Bitcoin at its ATH in late 2021, do as Michael J. Saylor did: don't panic, don't lament, and continue to have faith in the Bitcoin revolution, because the future of Bitcoin is bright.

Patience and your strength of conviction will make all the difference in the future.


This post is available as an NFT on Mirror.


An excellent opportunity with Ledger

I keep reminding you that you absolutely must take possession of your Bitcoin's private keys. To help some people understand the importance of this, I even created a dedicated web page a few years ago: “Not Your Keys, Not Your Bitcoin.”

I also wrote an article last year comparing the hardware wallets offered by the two market leaders: Ledger and Trezor.

If you still haven't taken the plunge, you should know that Ledger is currently running a special offer as part of its “Ledger Safe Journey Offer” campaign to help more people take possession of their private keys.

Ledger's offer is valid until April 18, 2023, and concerns the Ledger Nano X and the Ledger Nano S.

Here are the details:

  • Buy a Ledger Nano X and receive $30 BTC

  • Buy a Ledger Nano S Plus and receive $20 BTC

If you still don't have a hardware wallet or want to buy a new one, Ledger's offer allows you to accumulate for free $30 or $20 worth of Bitcoin. This is quite interesting as we should be looking to accumulate as much Bitcoin as possible.

For those interested in this great opportunity, I suggest you take advantage of it by following my affiliate link: https://shop.ledger.com/pages/safe-journey-offer?r=49fc.

This will allow you to get a good deal while supporting my work. It's a win-win situation ;).

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ssaurel
ssaurel Verified Member

Entrepreneur / Developer / Blogger / Author.


In Bitcoin We Trust
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