Post
Topic
Board Economics
Re: Bitcoin Holding in Companies
by
Febo
on 15/10/2020, 15:34:23 UTC
13 companies are holding around 2.85% of the total supply of Bitcoin.

Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet. I never heard them talk they bought a Tesla share. But I am sure they have them.  To me it looks totally like a pump and dump situation. Whales are accumulating when price is cheap. And at the moment price start rising so they cant buy cheap anymore. But anyway their bags are quiet full already, they start shilling that coin so it pumps and then dumping start. Similar happened in first half of 2019.