#StrategyBTCPurchase
Michael Saylor named three key drivers of Bitcoin growth:
In other words, Bitcoin is being shaped in several ways: as a digital analogue of gold, as a tool for transforming the financial system, and as a form of power that can easily be moved between borders.
Regardless of the economic situation, I would like to use one of these factors to support long-term growth of the asset. Sailor noted that the current decline in cryptocurrencies can be called a cryptowinter, since the proteon has significantly weakened over the previous cycles.
In his words, this correction will not go beyond the historical norm and, most likely, will appear short beyond the recession, after which there will be phases of renewal and new growth.
“More investors are adding a small portion of BTC to their portfolio for the sake of diversification, rather than being ideologically biased. The crypto industry has moved to a phase of mature institutional participation in line with the previous cycles,” Saylor explained.
Strategy may continue to purchase bitcoin at least once per quarter, regardless of the current price. Volatility is natural for the first cryptocurrency, and the company’s strategy cannot be changed.
The company has enough preparation to cover the goiter with a stretch of two rocks in the minds of the frozen market, adding wine.
Earlier in the What Bitcoin Did program, Sailor stated that the real progress of Bitcoin is manifested not in price charts, but in the crypto investments of great companies and the willingness of banks to take advantage of BTC. #BTC
