#MicroStrategy has acquired an additional 11,931 $BTC for ap | AskToRahulSingh på Binance Square

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AskToRahulSingh

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#MicroStrategy has acquired an additional 11,931 $BTC for approx. ~$786M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin 
As of 20th June, 2024,
$MSTR hodls total 226,331 $BTC  acquired for ~$8.33B at average price of $36,798 per #Bitcoin 

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#Bitcoin Updates - July starts and, $BTC Reached out at $57.8k... Remembered my many old post... Just watch it first.. Then, What's Next... $57k-55k... $55k-53k..... $53k-51k....... Let's See..🤔 But, #DYOR in #Crypto it's just #NFA 🙏

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#Bitcoin - The Real Ecosystem Pyramid 📈 The Bitcoin community is vast and varied, encompassing a range of roles that participants may adopt, each depicted as a layer within a pyramid structure. At the apex are '#Hodlers ,' individuals who purchase Bitcoin and hold onto it for the long term, aiming for appreciation without engaging much in trading. Just below are '#Miners /Validators,' key players who process transactions and secure the network through their computational work. The middle tier consists of '#Investors ,' who inject capital into Bitcoin with expectations of returns but are more active in managing their investments compared to hodlers. Next are the '#Traders ,' who actively buy and sell Bitcoin in the short term, seeking to profit from the volatility in market prices. Further down the pyramid, we find 'Shitcoiners,' a colloquial term used within the community for those investing in less established or lower-quality cryptocurrencies. At the foundation are 'Nocoiners,' individuals who do not own any cryptocurrency and may be skeptical of the digital currency space. This hierarchical structure invites viewers to consider where they fit within the ecosystem and whether they agree with these categorizations. It sheds light on the diverse approaches individuals take towards $BTC & Crypto-Currency, reflecting the wide range of strategies, goals, & risk appetites found within this dynamic field. Always, DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss, it's NFA 🙏

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#BreakingNews 💯⚠️ As per news - Dealing in #Crypto ‘Cannot Be Treated as Illegal in Any Manner.’ The Orissa High Court in India ruled that #cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits & Money Circulation Schemes (#Banning ) Act or a deposit under the Odisha Protection of Interests of Depositors Act, thus deeming mere cryptocurrency dealings not offenses under these laws. The Orissa High Court in India has issued a significant ruling clarifying the legal status of cryptocurrency dealings under Indian law. This landmark decision emerged from a case involving two individuals accused of defrauding people through a Ponzi or multi-level marketing (#MLM ) scheme. So, always... #DYOR it's #NFA & Trade with StopLoss in Crypto.

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