Tag: Bitcoin Loan

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Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC

July 1, 2023

So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC. A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past…
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MicroStrategy shareholders letter: We’ll ‘vigorously pursue’ more BTC buys

April 15, 2022

MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor. MicroStrategy CEO Michael Saylor has proclaimed to shareholders of his company that his firm intends to “vigorously pursue” its reserve assets strategy to buy and hold more Bitcoin.…
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