{"id":532285,"date":"2022-12-29T11:36:54","date_gmt":"2022-12-29T08:36:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/microstrategy-bitcoin-purchase-divides-the-crypto-community\/"},"modified":"2022-12-29T11:36:54","modified_gmt":"2022-12-29T08:36:54","slug":"microstrategy-bitcoin-purchase-divides-the-crypto-community","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/microstrategy-bitcoin-purchase-divides-the-crypto-community\/","title":{"rendered":"# Microstrategy Bitcoin purchase divides the crypto community"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26e4a39ab4d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26e4a39ab4d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/microstrategy-bitcoin-purchase-divides-the-crypto-community\/#%E2%80%9D_Microstrategy_Bitcoin_purchase_divides_the_crypto_community_%E2%80%9C\" >&#8221; Microstrategy Bitcoin purchase divides the crypto community &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Microstrategy_Bitcoin_purchase_divides_the_crypto_community_%E2%80%9C\"><\/span>&#8221; Microstrategy Bitcoin purchase divides the crypto community &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNDZjMDlkYjAtZWJmMS00OTBkLWE4MmEtZWIxOWFmODYwMWVkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-02fa634a>Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm\u2019s holdings. Members of the crypto community had mixed reactions to the move.\u00a0<\/p>\n<p>In a recent tweet, MicroStrategy\u2019s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase. The move puts the firm\u2019s total BTC holdings at 132,500 BTC, purchased for a total of $4.03 billion but worth only around $2.1 billion at the time of writing. Many commended the move, while some brought up some potential negative effects. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Michael Saylor, you are a rock star. Your mission Jim aka Michael Saylor, if you choose to accept it, is to bank the unbanked throughout the world.<\/p>\n<p>\u2014 The Young Gentleman (@YoungGentlaman) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/YoungGentlaman\/status\/1608087544775823363?ref_src=twsrc%5Etfw\">December 28, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>A community member praised the MicroStrategy chairman, calling him a \u201crock star\u201d whose mission is to bank the unbanked. Others <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mikealfred\/status\/1608260781120049152\">celebrated<\/a> the new development by pledging that they would join in and buy more Bitcoin themselves. <\/p>\n<p>However, not everyone is overly enthusiastic about the company\u2019s crypto shopping. Some <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/fahad_m786\/status\/1608116912151736321\">think<\/a>\u00a0this new action could potentially spark a new bottom price for the top digital asset. <\/p>\n<p>In a back-and-forth conversation on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, Bitcoin analysts Willy Woo and Dan Held shared their thoughts on MicroStrategy\u2019s purchase. According to Woo, Bitcoiners should not be h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>y when the company adds more BTC to its holdings. The analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/woonomic\/status\/1608134582045642753\">argued<\/a> that MicroStrategy accumulating more Bitcoin poses risks of centralization because the company&#8217;s decision-making is centralized. In addition, Woo suggested that it\u2019s better to celebrate adoption by ordinary people. <\/p>\n<p>In a counter-argument, Held said there would be no risks of centralization because ownership does not equate to network control. The analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/danheld\/status\/1608143832885125120\">highlighted<\/a> that there\u2019s no way to control who buys Bitcoin and that people or firms can buy as much BTC as they want. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Wife of Hal Finney announces Bitcoin charity event<\/em><\/strong><\/p>\n<p>Meanwhile, Saylor recently announced the company&#8217;s plans to provide Lightning Network solutions next year. The executive said that the company is already looking into software and solutions that utilize the Lightning Network. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/microstrategy-bitcoin-purchase-divides-the-crypto-community\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Microstrategy Bitcoin purchase divides the crypto community &#8220; Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm\u2019s holdings. Members of the crypto community had mixed reactions to the move.\u00a0 In a recent tweet, MicroStrategy\u2019s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase. The move puts the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":532286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/46c09db0-ebf1-490d-a82a-eb19af8601ed.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,75029,122847,117,7058,10401],"class_list":["post-532285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-lightning-network","tag-microstrategy","tag-business","tag-community","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/532285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=532285"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/532285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/532286"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=532285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=532285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=532285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}