Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aesma
on 18/09/2020, 10:27:55 UTC
https://twitter.com/michael_saylor/status/1306636046948610049

Quote
We acquired 21,454 BTC via 78,388 off-chain transactions, then secured it in cold storage with 18 on-chain transactions.  #Bitcoin scales just fine as a store of value.

Very interesting. I was debating this in my local forum, and other senior members were arguing that surely Microstrategy was using a specialized company to hold and deal with their coins, I wasn't convinced, as that seemed pointless to me. I guess I won that argument. (I'm not saying they didn't hire a company that knows what it's doing, but basically that in the end Microstrategy has the keys to their coins).