Post
Topic
Board Economics
Re: Some Company are holding more than 10000 Bitcoin
by
arallmuus
on 26/12/2020, 17:33:08 UTC
Shouldn't we worry about the same? These companies are here for profits and they can bring bloodbath whenever they want. What do your guys think?

They can but it would hard to sell everything off in one take so there is less merit for them to sell everything then keeping it.  Holding these bitcoins is probably less than 10% of their entire portfolio so if they can get 0.5% profit of their 100% portfolio by selling only small amount of bitcoins, they would do so instead of letting everything go

Even if bloodbath happens, there will always be another next companies that look into bitcoin and put it into their portfolio