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Despite Record Saylor Buy, BTC Falls

2024/11/27
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The Breakdown

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This chapter discusses Michael Saylor's record-breaking Bitcoin purchases and the sustainability of his investment strategy, along with the impact of ETF inflows and market dynamics.
  • Michael Saylor's MicroStrategy has purchased $12 billion worth of Bitcoin in the past three weeks.
  • The company's aggressive buying strategy has raised questions about its long-term sustainability.
  • ETF inflows have hit record levels, but Bitcoin has yet to break through $100,000.

Shownotes Transcript

Last week, $92k was a dream. This week, people are already flummoxed. NLW explores another record setting purchase from Michael Saylor and Microstrategy; another record-setting week in ETF inflows, and why it still can't punch us above $100,000.

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