This Will Propel Bitcoin To SMASH All Time High!

CryptosRUs

Micro Strategy and Michael Saylor's Bitcoin Strategy

  • Michael Saylor's company, Micro Strategy, has acquired 200,000 Bitcoin in the last two months, doubling its holdings.
  • Saylor is using a leveraging strategy, selling shares and using Bitcoin as collateral to buy more Bitcoin.
  • This strategy allows him to continually buy more Bitcoin, taking it out of circulation and contributing to a supply shock.

Impact on Bitcoin

  • The supply shock is expected to drive up the price of Bitcoin over time.
  • However, there are concerns about one entity holding a large percentage of the total Bitcoin supply, currently 2.12% in Micro Strategy's case.

Other Companies and Bitcoin

  • Other companies, such as Marathon, Riot, and HUD-8, are also implementing Bitcoin strategies and taking it out of circulation.
  • New ETFs and investment products are being launched, providing more exposure to Bitcoin and companies that hold it.

Market Outlook

  • Short-term volatility is expected, but the overall trend is expected to be upwards.
  • The scarcity of Bitcoin, due to its limited supply, is expected to drive up its price over time.
  • The 2025 outlook is bullish, with expected pro-crypto laws and regulations.