If you always win when gambling, then you must be bragging.

Others reduce their positions when prices rise, while MicroStrategy adds to their holdings when prices fall.
There is a classic scenario in the crypto market:
When prices go up, everyone on social media shouts "Bull Market is here";
When prices drop, everyone starts doubting everything.
But MicroStrategy seems completely unaffected by these emotions.
Recently, the company invested another $1.28 billion to buy BTC, which has led many investors to joke:
"Are they treating buying Bitcoin as their corporate KPI?"
Actually, from an investment logic perspective, this approach is very similar to a corporate dollar-cost averaging strategy.
Market rises — buy a little.
Market falls — buy more.
This method looks simple but requires great patience and financial strength.
Michael Saylor happens to possess both qualities. He has always believed that the true value of Bitcoin will be reflected over the long term.
From this perspective, short-term price fluctuations are actually unimportant.
If the BTC price is higher in ten years, then today's purchase is justified.
This way of thinking is very similar to many traditional value investing philosophies — just shifting the target from stocks to digital assets.
So, MicroStrategy's strategy can actually be summarized in one sentence:
No guessing the top, no guessing the bottom, just HODL.
This simple and straightforward approach has made it one of the most stable bullish players in the crypto market. $GT ‌#微策略再砸12.8亿美元增持BTC