the more i think about it

saylor purchasing $10 million in bitcoin yesterday is the act of a drowning man. it’s not DCA when you’re already $4 billion in and the purchase represents 25 basis points of your total investment.

bitcoin is down over 5% since they made the purchase, as of this writing.

https://www.bloomberg.com/news/articles/2022-06-29/microstrategy-says-it-purchased-another-10-million-in-bitcoin

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