RE: MicroStrategy now plans on buying roughly $1 Billion worth of Bitcoin!

1 yr
0 Min Read
88 words

Where I live there are no IRAs but we have something similar that allows us to invest in stocks. That is, tax-deferred investment accounts that allow retail investors to invest with a long-term perspective without having to pay taxes every year on their investments and thus allowing for their gains to compound faster.

Bitcoin is an ideal vehicle for investing using such an account because of its cyclical nature that involves 85% corrections during a bear market and 100x gains during a bull market.

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Exactly. You can buy GBTC in a self directed retirement account.