Crypto Whale Buys Bitcoin Dip with $500 Million

Crypto Trade Alert: Get NAME & TICKERNext generation alt coins are taking off – with gains of 5,146%… 7,933%… and even 12,254%! Yet you won’t get these types of profits with Bitcoin or Ethereum. Go here to discover the next Bitcoin – before it soars.

“Buy the dip.”

That’s what America’s biggest crypto whale is doing to take advantage of Bitcoin’s drop below $50,000.

Buying the Bitcoin dip makes sense.

Yet the smartest investors are scooping up these new digital coins that could be “the next Bitcoin.” And they’re already seeing gains of up to 12,254% in just 1 year!

Go here to discover the next Bitcoin – inside the Crypto Moonshot Summit.

MicroStrategy (NASDAQ: MSTR) is the biggest corporate owner of Bitcoin (BTC).

It’s led by Michael Saylor – one of the biggest promoters of the cryptocurrency.

MicroStrategy has been aggressively buying Bitcoin.

The company bought $82.4 million Bitcoin between Nov. 29 and Dec. 8.

Plus, MicroStrategy put $414.4 million into Bitcoin in October and November.

MicroStrategy is a Virginia-based company that provides business intelligence and cloud computing software to corporate clients.

However, the company is now far more famous for its purchases of Bitcoin.

MicroStrategy announced its first $250 million purchase of Bitcoin in August 2020. That’s when the company scooped up 21,000 Bitcoins for $11,905 each.

Since then the company has acquired Bitcoin now valued at $6 billion – more than any other corporation. The average cost is just $29,861 per BTC.

Today MicroStrategy carries a market capitalization of $6.5 billion. With $6 billion of Bitcoin – it’s easy to see that the company gets most of its value from the Bitcoin holdings.

Why Is MicroStrategy Buying Bitcoin?

CEO Saylor says Bitcoin is the world’s reserve currency.

It’s a hedge against the overly aggressive money printing by the U.S. government and central banks around the world.

Typically, the U.S. federal reserve would increase the money supply by 5% per year. However, that changed during the economic crisis caused by the pandemic.

You can see here that the U.S. money supply has jumped by 41% since early 2020:

Increasing the money supply means that each dollar in circulation is worth less.

This is one reason you’ve seen the major stock market indices ripping higher by +20% annually. And it’s why the value of your home has probably jumped by 15% – 30%, depending upon where you live.

Bitcoin is simply a hedge against aggressive money printing.

However, it’s not great for conducting transactions. That’s because it’s slow, uses a ton of energy, and transaction fees are expensive.

That’s why a new wave of next-generation cryptos are filling the void.

These new digital coins are faster and transact cheaper than BTC. And they’re being used for DeFi, smart contracts, NFTs and in the metaverse.

I call these Crypto Moonshots – since they’re tiny and undervalued altcoins that can deliver life-changing gains. Click here for the NAME and TICKER of my #1 trade.

These types of digital coins are already soaring 5,146%… 7,933%… and even 12,254% in less than 1-year.

Crypto analyst Andrew Packer has developed a 3-step system that lets him pinpoint the next cryptos for big potential gains. And he’s ready to share it with you.

Plus – you’ll get the NAME of his #1 crypto to buy now (it’s FREE – no strings attached).

Simply click here for urgent details.

Yours in Wealth,
Ian Wyatt

To top