More coal to the boiler is how I feel the latest events in the Bitcoin environment are taking place. It's a shame that Hive doesn't get some embers.
Today I woke up to the news that MicroStrategy plans to raise $42 billion to buy more Bitcoin. This is part of its 21/21 plan and the purchases will take place over a three-year period.
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We've all known about MicroStrategy's commitment to Bitcoin for a long time, so it's not a surprise. This company began buying Bitcoin in 2020 and is already the largest holder.
The other day we could read that Microsoft was considering buying Bitcoin as well. I think this is a trend that will accelerate in the coming years and that will be expanded when countries accumulate Bitcoin as they do now with Gold.
You don't need to do a lot of numbers to realize that with the limited supply of Bitcoin on the market, the price it can reach is very far from the current one. So diamond hands and let the profits run.
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