In August 2020, Michael Saylor, the founder of the US listed software company MicroStrategy, announced that he would start investing in Bitcoin, and then started a crazy journey of hoarding coins. Not only has its Bitcoin holdings gradually accumulated large profits, but its stock price has also risen accordingly, rising from US$146 in August 2020 to US$1,365 now, an increase of more than 900%.
According to Forbes’ real-time billionaire list, Michael Saylor’s net worth has reached US$4.3 billion, ranking 754th.
Interestingly, a screenshot has been widely circulated in the community recently, showing that this billionaire actually once worked as a wage earner at McDonald's? (There is a Meme in the currency circle that if you lose all your money, you can work at McDonald’s to make money.) After investigation, this screenshot came from a post posted by Michael Saylor on X in January 2022 and left a message: From 1992 Do your best #Bitcoin from the beginning
It looks like he once worked as a McDonald's employee, but someone in the community reported: "In 1992, MicroStrategy was already established (founded in 1989)." And according to Wikipedia information: In 1992, MicroStrategy received a $10 million contract from McDonald's to develop an application to analyze the effectiveness of its promotional activities.
Therefore, it is speculated that this photo of Saylor wearing a McDonald's uniform may have been taken when MicroStrategy was cooperating with McDonald's.
In addition, perhaps because of the bear market in 2022, Saylor once tweeted to mock himself on social platform X. Should he go back to work at McDonald's?
“Monday morning is the time to get back to work #Bitcoin”
As a Bitcoin bull, many people hope to replicate Saylor’s investment success. The dynamic zone also takes you to analyze, if investors follow the micro-strategy and invest in Bitcoin, can they make money?
If you follow the micro-strategy from the beginning, based on the current market price of Bitcoin of $63,000, only on June 20 this time and March 31 this year It was purchased four times on March 19 and March 10, and the lowest purchase price was on September 14, 2020, with an average price of $10,329.
That is to say, if you follow the micro-strategy and accumulate Bitcoin and hold it till now, you will basically make full profits.
Micro-strategy’s previous time points for adding positions in Bitcoin
If the time is shortened, look at the data of the past year. MicroStrategy has made a total of 13 purchases since June 28 last year. Basically, except for the expensive purchases in March and June this year, there are also substantial profits at other entry times, and the investment winning rate is quite high.
However, after all, the micro-strategy has been laid out very early, so the average purchase cost after multiple positions is only about US$36,000; and assuming you start buying from the bull market in 2021, you will also withstand a long period of sharp growth. Loss.
So if you follow the micro-strategy and buy BTC from now on, it may be difficult to make substantial profits in the short term. Investors are advised to DYOR.
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