Indeed he is. I truly hope he doesn't buy more and raise his average entry price on more threatening price levels if Bitcoin crashes because of a Black Swan event.
The average entry will be higher as time goes on because when saylor gets money he will immediately buy btc at any price like he did.
Btw
See this
Source :
https://www.sec.gov/Archives/edgar/data/1771146/000199937124015836/rex_485apos-122724.htmSome other companies are copying mycrostrategy's steps and this has a good impact on the pioneer, right?
Saylor is at the forefront with many other companies following his footsteps in holding btc.
That's what he want to portray, He always show that Microstrategy is not done and always accumulating so they can spread confidence for people to do the same.
If he can influence more company to invest for sure the first individual or companies will benefit on it is the first who buy a lot of Bitcoin or those old holders. That's why its good to do good decision while they are capable to buy Bitcoin and doubting will just delay them and they might regret this feeling especially if they are thinking that price is becoming more expensive when they try to enter.
I'm also curious to know about what is the opinion of people towards what Michael Saylor said towards Bitcoin.
Will quote some of the important words below and also show the source link of that article so people could read it.
Its not a currency, its capital, said Saylor about halfway through the episode.
You just have to come to grips with it it is not digital currency. It is not cryptocurrency. It is digital capital. It is crypto capital, he added.
Source is here and read his statement
https://bitcoinmagazine.com/takes/michael-saylor-doesnt-understand-bitcoinWhat can you say about this guys?
