MicroStrategy's bitcoin acquisition strategy has been really on-point.
I analyze a lot of stocks and see how they manage their shares. Most companies are rather pro-cyclical in this aspect. They buy ...
The recent purchase was conducted over the course of November, see blue circle. This clearly lines up with a local above-average ‘peak’ when viewed as Microstrategy stock denominated in Bitcoin (MSTR/BTCUSD). They will continue to do this whenever the market values their stock more. This sanity will persist as long as the fiat denominated world remains deluded in their insanity. 