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Stack sats11/15/2023 ![]() To pull this off, we offer a solution for both individuals and professionals. Our mission is to bring bitcoin into everyone’s portfolio. This means that even as a newbie just getting started with bitcoin you can enjoy complete control and ownership of your Bitcoin. What makes the Relai app unique is the unique combination of a user-friendly interface with a non-custodial wallet. Yes, you heard it right: We’re offering one free bitcoin purchase per month by charging 0 percent fees for one order of up to 100 CHF. To double down on our mission of bringing bitcoin into everyone’s portfolio, we recently introduced zero-fee stacking. Relai is the best place to buy bitcoin and stack Sats even without an ongoing stacking competition. ZERO-FEES AT THE BEST PLACE TO BUY BITCOIN Higher volumes or a higher number of buys don’t increase the chances of winning. The winners will be selected randomly among everyone who bought at least 250 CHF in the mentioned timeframe. To qualify, you can either do one buy of at least 250 CHF or, e.g., also 5 × 50 CHF. Note that we count the total volume of all buys you successfully execute during this time period. Here’s what you need to do to be one of two lucky winners who will win 250 CHF in bitcoin: Buy at least 250 CHF bitcoin in the Relai app between June 21, 2023, 00:00 (CEST) and June 28, 2023, 23:59 (CEST) to be eligible to win one of the two prizes of 250 CHF paid in bitcoin directly into your Relai wallet. ![]() Participating is as easy as a summer breeze. In this blog post, you’ll learn how you can win free bitcoin in the first Relai Stacking Competition. The idea is simple: You stack some Sats, and with a little luck, you can win Bitcoin! Sounds intriguing? Read on for all the details you need to know. To set you in the right mood, we’ve decided to kick off our first Stacking Competition. Saylor would simply start buying the dip.Let’s head straight into summer and forget the bear market for a moment. But we all know what would most likely follow. Should BTC take another dive down to the “25k” area as some analysts believe, the position of MicroStrategy would be at a loss. The downside of this bet is that MicroStrategy has become entirely dependent on its success. Should the Fed be unable to fight inflation or measure proved to be ineffective then Bitcoin could be indeed the answer to the problems investors are facing. On the other hand, the narrative of Bitcoin as an inflation hedge remains untouched. The most recent price moves of Bitcoin betrayed that the market reacts to events outside of the crypto space and that there is a correlation between US stocks and Bitcoin. It remains to be seen if Saylors bet will be successful. ![]() With his recent move MacroStrategy, a subsidiary of MicroStrategy bought another 4.167 BTC for $190 million which results in an average price of $30.700 per Bitcoin.Īt the time of writing the company is holding a total of 129.187 BTC worth almost $6 billion through its subsidiary. “There is no second-best crypto-asset”Īccording to Saylor Bitcoin is the hardest money on earth and it seems that he will go above and beyond to acquire as much as he can. ![]() It’s the ultimate bet against the US-Dollar. In fact, should the price of Bitcoin rise it seems to be justified to borrow more money against it. ![]() While critics have raised the point that this is not sustainable, we might see more of those deals in the future. That’s right, the company is using Bitcoin as collateral to buy even more BTC. Another $205 million in the company’s pocket has been backed by MicroStrategy’s Bitcoin holdings. Still, this is different because at the end of last month MicroStrategy took out a loan with Silvergate bank. This is going on for quite some time and somehow it seems that it’s not breaking news any longer when Saylor’s company is buying again. In June 2021 the company raised over $400 million with senior secured notes and as soon as the capital became available, they bought another stack of BTC. It is not the first time that MicroStrategy was looking for more capital to support the idea of a Bitcoin-only strategy. How much is MicroStrategy’s Bitcoin stack worth? And what is so special about this most recent deal that Saylor took? Borrow, buy, rinse and repeat It was yesterday when Saylor announced another big move of MicroStrategy and it comes as no surprise that he bought more BTC again. Michael Saylor is perhaps one of the biggest Bitcoin bulls known to mankind and his drive to acquire more and more Bitcoin reflects that. ![]()
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