Michael Saylor, founder and chairman of **Strategy**, continues to impress the cryptocurrency world with his unwavering enthusiasm for Bitcoin. His company has been accumulating BTC for "10 consecutive weeks" using a dollar-cost averaging (DCA) strategy.
Recently, Strategy purchased another 1,045 BTC for $110 million, bringing the company's total holdings to 582,000 BTC. This makes it one of the largest corporate holders of Bitcoin in the world.
Why does Strategy choose DCA?
The Dollar-Cost Averaging (DCA) strategy allows for gradual asset purchases, regardless of market fluctuations. This helps reduce risks and avoid falling into the trap of volatility.
Saylor believes that Bitcoin is "digital gold," and his team confidently follows a course of long-term accumulation.
What does this mean for the market?
🔹 Confidence in BTC: Unwavering demand from major players confirms the long-term potential of the cryptocurrency.
🔹 Decrease in available supply: The more Bitcoin is accumulated by large investors, the less remains in circulation.
🔹 A hint of a new bull run? If Strategy continues its purchases, it could contribute to the rise in BTC price.
This tactic can also be beneficial for ordinary investors. DCA allows for calm investing without worrying about instant price changes.
__ Your thoughts?
Is it worth following such a strategy in personal investments? Will there be an impact on the next Bitcoin rise?
#Bitcoin #SaylorBTC #CryptoInvesting #DCA