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@ mike
2025-02-24 11:00:26
The difference between (Micro)Strategy's BTC and mine is if the price of Bitcoin goes down, but stays about my average purchase price, I have still made a profit, but that profit is not as much as it was.
(Micro)Strategy, however makes a loss.
Why?
Because my profit is absolute and I am not being forced to account for it on an artificial time scale (a quarter or annual report), but all companies have to report profit in time units that are not compatible with Bitcoin (quarters and years).
Bitcoin's clock is a 4 year time scale.
My Bitcoin clock is my average purchase price, which Bitcoin will never dip to again.