Massive Whale Buys $2.5B worth of Bitcoin.

[SuperBitMan]

A major Bitcoin whale has added 25,298 BTC to their holdings, spending $2.5 billion. In the past four days alone, they purchased 3,577 BTC, further driving market sentiment toward $100,000.

Bitcoin will surely hit $100k is almost there and the rate that which people are rushing Bitcoin accumulation and the amount of Bitcoin they are purchasing and holding is helping to achieve this goal of $100k this year.

Source
https://t.me/Crypto_Pulse_Nigeria/594

[Sanitough]

At first, I thought it was just another scam since scammers often use Telegram channels for their tricks. But I was surprised, the channel looks legit with nearly 2 million subscribers.



Still, it’d be great if you could share a source that doesn’t require me to join that Telegram channel.

[Ambatman]

Still, it’d be great if you could share a source that doesn’t require me to join that Telegram channel.

I don't know how legit this is and not a fan of relying on
news from Telegram.

This is the closest that I could get
https://cointelegraph.com/news/micro-strategy-to-sell-2-6-b-in-notes-increasing-from-1-75-b-to-fund-bitcoin-purchases

Microstrategy are planning to increase their holdings by selling some of their shares
Which should have ended Nov 21st.

[Sanitough]

Still, it’d be great if you could share a source that doesn’t require me to join that Telegram channel.

I don't know how legit this is and not a fan of relying on
news from Telegram.

This is the closest that I could get
https://cointelegraph.com/news/micro-strategy-to-sell-2-6-b-in-notes-increasing-from-1-75-b-to-fund-bitcoin-purchases

Microstrategy are planning to increase their holdings by selling some of their shares
Which should have ended Nov 21st.

Why didn’t OP just mention that it’s MicroStrategy planning to increase its holdings? That would’ve made things clear right away. I’m not sure if the intent was to promote the Telegram channel, but with millions of subscribers, it doesn’t seem necessary anymore. Either way, thanks for sharing, I guess that’s the news we were looking for.

[MusaMohamed]

This is the closest that I could get
https://cointelegraph.com/news/micro-strategy-to-sell-2-6-b-in-notes-increasing-from-1-75-b-to-fund-bitcoin-purchases

Microstrategy are planning to increase their holdings by selling some of their shares
Which should have ended Nov 21st.

MicroStrategy portfolio tracker https://saylortracker.com/

Days ago, Michael Saylor posted on X that MicroStrategy need more green dots on the Saylortracker chart.

His post is made on 17 November and I won't feel surprised if Michael Saylor and MicroStrategy invest more money into bitcoin.

I think http://saylortracker.com needs even more green dots.

[slaman29]

Telegram, man, it makes me shiver with bad memories lol

Anyway MicroStrategy buying billions even near ATH, its more and more a sign that their confidence doesn't give a damn. I still think they should DCA properly, but not gonna complain if they keep dumping more money into BTC near 100k

I guess by now their directors are used to 50% dump if its temporary

[hugeblack]

A major Bitcoin whale has added 25,298 BTC to their holdings, spending $2.5 billion. In the past four days alone, they purchased 3,577 BTC, further driving market sentiment toward $100,000.

If by Massive Whale you mean MicroStrategy, they bought near the $60k peaks and then there was a correction so it is a good sign in the long term but it means nothing in the short term.
Your invitation to join that Telegram channel may backfire so it is better for you to promote that channel using another way.

[dzungmobile]

If by Massive Whale you mean MicroStrategy, they bought near the $60k peaks and then there was a correction so it is a good sign in the long term but it means nothing in the short term.

MicroStrategy joined Bitcoin market since the last market cycle, around September 2020. They made many purchasing rounds so far and made only one selling round on 22 December 2022, that is posisbly for accounting and tax report.

They have been in this market for two market cycles and by going through a bear market in 2022 and 2023, MicroStrategy actually understood more about Bitcoin market cycle and this makes them stronger. If they didn't shake their hands, sell their bitcoin in the last bear market, I believe they won't do it in a next bear market in 2026 and 2027. I am not naive to believe that MicroStrategy will never sell their bitcoins, it's just their marketing saying.

[BIT-BENDER]

Telegram, man, it makes me shiver with bad memories lol

Anyway MicroStrategy buying billions even near ATH, its more and more a sign that their confidence doesn't give a damn. I still think they should DCA properly, but not gonna complain if they keep dumping more money into BTC near 100k

I guess by now their directors are used to 50% dump if its temporary

Well I don't think the action from microstrategy buying Bitcoin should be something short term holders get excited about, don't get me wrong I am also excited about Bitcoin hitting and breaking that $100k mark, it will be really big for the whole crypto-currency enthusiasts.

But then I don't believe microstrategy are buying Bitcoin because it is about to hit $100k, even if Bitcoin starts to drop now to $60k micro strategy would still keep buying. I believe they are more about the future of Bitcoin.

[m2017]

A major Bitcoin whale has added 25,298 BTC to their holdings, spending $2.5 billion. In the past four days alone, they purchased 3,577 BTC, further driving market sentiment toward $100,000.

Oh yeah. Let those moneybags buy bitcoin at double the price. As if this whale didn't have money half a year ago, heh.

Bitcoin will surely hit $100k is almost there and the rate that which people are rushing Bitcoin accumulation and the amount of Bitcoin they are purchasing and holding is helping to achieve this goal of $100k this year.

Of course it will. $100k, judging by the current dynamics, is far from the limit for this cycle. $120-150k - these are my supposed forecasts for ATH in this cycle. Well, not $200k, right?

In a word, the hype has begun. Everyone wants to invest when bitcoin grows. Bitcoin grows even despite the fact that some investors are liquidating their bitcoin. That is, "greed" totally dominates over "fear".

[lovesmayfamilis]

Why didn’t OP just mention that it’s MicroStrategy planning to increase its holdings? That would’ve made things clear right away. I’m not sure if the intent was to promote the Telegram channel, but with millions of subscribers, it doesn’t seem necessary anymore. Either way, thanks for sharing, I guess that’s the news we were looking for.

Maybe because the OP only reads one source, and it's his Telegram channel? The OP didn't even bother to find out if his telegram message was correct, as he was in a hurry to create a topic and write an obvious conclusion that bitcoin will soon reach one hundred thousand. Unfortunately, people forget that everyone has the Internet, and such news can be left outside the forum, or at least share the real source.

[slaman29]

I guess by now their directors are used to 50% dump if its temporary

Well I don't think the action from microstrategy buying Bitcoin should be something short term holders get excited about, don't get me wrong I am also excited about Bitcoin hitting and breaking that $100k mark, it will be really big for the whole crypto-currency enthusiasts.

But then I don't believe microstrategy are buying Bitcoin because it is about to hit $100k, even if Bitcoin starts to drop now to $60k micro strategy would still keep buying. I believe they are more about the future of Bitcoin.

Ya like I said I think they are doing DCA, but that means buying all the time, and fixed period, rather than as what was posted something about the lines of 'hmm I think we need more green dots'. It to me signals a little bit like they're asking him to buy when he feels like it rather than just setting aside a budget for it every month or every quarter

Anyway, big whales, not my area

[kotajikikox]

Why didn’t OP just mention that it’s MicroStrategy planning to increase its holdings? That would’ve made things clear right away. I’m not sure if the intent was to promote the Telegram channel, but with millions of subscribers, it doesn’t seem necessary anymore. Either way, thanks for sharing, I guess that’s the news we were looking for.

If it’s just microstrategy then this isn’t really news, to be honest. Yes, the amount they are going to invest in is crazy (in a good shocking way) but we have always known that Michael Saylor was one of the biggest fans of bitcoin and got his company to invest in bitcoin years before even before it was surging like crazy. That’s how you invest. Pick something that seems profitable, buy when it’s cheap, accumulate more, and then take profit once it’s getting valued at extreme prices.

[Ishicryptic]

This is the closest that I could get
https://cointelegraph.com/news/micro-strategy-to-sell-2-6-b-in-notes-increasing-from-1-75-b-to-fund-bitcoin-purchases

Microstrategy are planning to increase their holdings by selling some of their shares
Which should have ended Nov 21st.

MicroStrategy portfolio tracker https://saylortracker.com/

Days ago, Michael Saylor posted on X that MicroStrategy need more green dots on the Saylortracker chart.

Microstrategy, and Michael Saylor, are good reasons to believe in the potentials of Bitcoin as an asset that is worth holding for a long term, the kind of money that they're using to accumulate Bitcoin is mind blowing and the man doesn't look like he's stopping anytime soon. Microstrategy, is one of the motivations to many small holders like me to believe that if individuals and institutions can hodl enormous Bitcoin without fear, then we don't have to worry about it crashing and becoming worthless in the future. Bitcoin has gained massive reputation as a store of value.

[Jawhead999]

Microstrategy, and Michael Saylor, are good reasons to believe in the potentials of Bitcoin as an asset that is worth holding for a long term, the kind of money that they're using to accumulate Bitcoin is mind blowing and the man doesn't look like he's stopping anytime soon. Microstrategy, is one of the motivations to many small holders like me to believe that if individuals and institutions can hodl enormous Bitcoin without fear, then we don't have to worry about it crashing and becoming worthless in the future. Bitcoin has gained massive reputation as a store of value.

Current MicroStrategy's market cap is $91 Billion, while they've spent $16 Billion to buy Bitcoin, that means they use 1/5 of their money, it's already high enough.

Although I also believe in Bitcoin and Bitcoin will not fail, but it's not correct to invest in something just because you believe someone invest a lot money in there. Not all decision made by popular or big entity are correct.

[Beparanf]

Why didn’t OP just mention that it’s MicroStrategy planning to increase its holdings? That would’ve made things clear right away. I’m not sure if the intent was to promote the Telegram channel, but with millions of subscribers, it doesn’t seem necessary anymore. Either way, thanks for sharing, I guess that’s the news we were looking for.

Typical shenanigans on telegram news channel to modify news as if they are the real source. Most of the telegram channel usually use a “trust me bro” format as source to their news. Probably, the owner of the channel is using a tracker for big buys and he created a narrative out of it without researching the identity of the buyer.

Honestly, huge buy like this is obviously from institutional investors like Microstrategy, Blackrock and more since that amount of capital can’t be spend by an individual alone on crypto.

[Rabata]

A major Bitcoin whale has added 25,298 BTC to their holdings, spending $2.5 billion. In the past four days alone, they purchased 3,577 BTC, further driving market sentiment toward $100,000.

Bitcoin will surely hit $100k is almost there and the rate that which people are rushing Bitcoin accumulation and the amount of Bitcoin they are purchasing and holding is helping to achieve this goal of $100k this year.

The Bitcoin market is growing that means the number of holders is increasing, and the demand for Bitcoin is increasing. It is still difficult to predict where Bitcoin will go in the next few years. If we look at the case of MicroStrategy, a large holder of Bitcoin, they are constantly accumulating Bitcoin and will continue to do so in the future. If this continues, then a large part of Bitcoin will be added to their possession and at that time, the price of Bitcoin will increase more than the current price. In addition, the number of institutional investors is also increasing all over the world. Due to which the price of Bitcoin is reach to the high movement before the expected time. The price of Bitcoin has not yet reached $100k, but many have started dreaming $1 million.

[fillippone]

Interesting.

Micheal Saylor has already sent the "code word" for a buy:


This means the market would have sold off more vigorously if MSTR hadn't been buying.

[X-ray]

Interesting.

Micheal Saylor has already sent the "code word" for a buy:


This means the market would have sold off more vigorously if MSTR hadn't been buying.

would be great if his buying could make bitcoin breakout $100k level but I guess that gonna increase his dollar cost average significantly.
wonder at what price MSTR gonna buy more bitcoin since seeing current price might not be a good deal for him.

I bet he'd buy again at around $92k.

crazy how this one company just go full in to bitcoin. but their stock rapid price increase is a proof that they succeed.

[crwth]

In the initial standings, I automatically thought of MicroStrategy, and based on the posts above, it seems like it. I am amazed at how much Saylor is going through to show people that it's worth collecting BTC. I'm just worried I'm not seeing what will happen in the future or what his plans are.