#Bitcoin is a bank that can't lend out, invest, gamble, dilute, debase, freeze, or seize your assets. It works all the time, everywhere in the world, and is unstoppable.
Today I had the pleasure of touring the largest #Bitcoin mining facility in North America in Rockdale!
I am proud to lead the fight for the crypto industry in the Senate.
Texas will continue to be the center for crypto innovation!
#Bitcoin
"This time is different" - and yet, market psychology turns out to be true in ANY chart - over and over again💯💯💯
“The intelligent investor is a realist who sells to optimists and buys from pessimists.”
Benjamin Graham 🌼
#bitcoin first got to $20k five years ago.
#bitcoin is around $20k today.
Today's price does not erase all the development and adoption in the past five years. Price is just a reflection of mass psychology, not progress.
#bitcoin will be here 5 years later, at a diff price.
Nearly $1billion #bitcoin sell pressure from Tesla selling $936mil worth (75%) of their holdings in second quarter.
In a bizarre way this is incredibly bullish #BTC held up so well in the face of cascading crypto companies crashing, inflation, market AND Tesla selling.
Retweet!
In Q2 2022, #Bitcoin mining efficiency surged 46% YoY, and sustainable power mix reached 59.5%, above 50% for the 5th quarter in a row. The network was 137% more secure YoY, only using 63% more energy. It is hard to find an industry more clean & efficient.
https://t.co/gqYn8qew9R
☀️ New solar-powered #bitcoin facility has started mining in Colorado
They will provide power to the grid when energy demand surges, helping make electricity more cheap and reliable ⚡️
https://t.co/5rAQScRuXg
On August 11, 2020, @MicroStrategy embarked on its #Bitcoin Strategy, acquiring 21,454 bitcoins at an aggregate purchase price of $250 million.
Performance since that time of BTC is +83%, $MSTR is +79%, S&P is +16%, Nasdaq is +6%, Gold is -14%, Bonds is -16%, and Silver is -33%.