The₿itcoinTherapist

If you bought Bitcoin at last cycle’s all time high and never sold, congratulations you’re currently underperforming vs inflation.

Since August of 2020 when Michael Saylor first announced MicroStrategy was buying Bitcoin for their treasury they’ve accumulated 818,334 BTC.
During that time 1.57 million BTC were mined.
That means Michael Saylor has bought 52% of all the Bitcoin mined since the journey began.

MSTR all time high — $543
MSTR bottom — $107
That is an 80% drawdown
Bitcoin all time high in 2017 — $19,783
Bitcoin bottom in 2018 — $3,122
That is an 84% drawdown
If you held through this you’re a fkn legend.

We’re still more than 125x away from Hal Finney’s prediction of $10 million BTC.
And you seriously think you’re late to the show?
125X MORE PER BITCOIN
Why do you think Michael Saylor diluted his entire company along with his own personal fortune incredibly aggressively to accumulate the largest treasury of Bitcoin over the last 18 months.
The total addressable market of Bitcoin is in the hundreds of TRILLIONS. He knows what’s coming.
And every year governments are printing more and more money at an accelerated rate. More money that will flow from weak hands to strong hands into hard asset

We’re still more than 125x away from Hal Finney’s prediction of $10 million BTC.
And you seriously think you’re late to the show?
125X MORE PER BITCOIN
Why do you think Michael Saylor diluted his entire company along with his own personal fortune incredibly aggressively to accumulate the largest treasury of Bitcoin over the last 18 months.
The total addressable market of Bitcoin is in the hundreds of TRILLIONS. He knows what’s coming.
And every year governments are printing more and more money at an accelerated rate. More money that will flow from weak hands to strong hands into hard asset

JUST IN: Peter Schiff says that $BTC, $MSTR and $STRC “will crash and burn.”

$MSTR looks like it wants to go parabolic

Hey @Grok be honest, what price do you expect Bitcoin to end the year at?

HERE WE GO $BTC 🚀

JUST IN: IS CURRENTLY DOWN

JUST IN: Coinbase added 1103 BTC to their treasury in Q1. They now hold 16,492 BTC. They are now the 7th largest treasury company and only trailing Strategy by 801,842 BTC.