The biggest crypto fund Grayscale Bitcoin Trust bought another 15 114 BTC last week and fund's crypto AUM is almost $10B with 506 000 BTC. In my opinion such BTC stockpiling can be dangerous like a 51% attack but I didn't find any information is Satoshi Nakomoto ever mentioned that.
A potential 51% attack will crash the price of Bitcoin in no time.What's the point of buying and hoarding large amounts of BTC and then creating a price crash?This sounds like a nonsense theory.
Anyway,this is great news.We need more companies and hedge funds to keep buying Bitcoins,just for the sake of Bitcoin gaining more trust as an investment asset.I'm not a trader,so I don't mind if the Bitcoin price is going to reach a new all time high or not.The price growing too fast is not healthy for the market,so I'm expecting a price crash during the winter.