[ad_1]
TL;DR
Full Story
At this level you realize there are just a few methods to put money into Bitcoin with out truly holding Bitcoin.
(If you happen to didn’t know, then learn our recap of choices aqui).
And in the present day, a really well-known Bitcoin advocate is making a case for forgetting concerning the Bitcoin ETFs, and shopping for their inventory as an alternative.
(And we’re kinda right here for it).
Right here’s what’s occurring:
In 2020, MicroStrategy ($MSTR) traded in its money holdings for BTC (and has continued shopping for ever since) — to the purpose that, now, MicroStrategy’s bag of 190,000 BTC (~$8 Billion USD) is the most important BTC holding of any publicly traded firm/fund.
MicroStrategy Government Chairman/Bitcoin mega bull, Michael Saylor, known as $MSTR a ‘Bitcoin growth firm’ — after which dedicated to assist push the event of the Bitcoin community.
Right here’s the massive takeaway:
Whether or not you’re shopping for shares in MicroStrategy or a Bitcoin ETF, each offer you a level of separation from truly holding/storing/controlling Bitcoin.
The main distinction is that $MSTR is utilizing its funds to assist push the Bitcoin community ahead, and advocating for additional innovation.
Both manner, they every deliver extra of us into the crypto world.
(And who doesn’t love that).
[ad_2]
Source link
