Now, a very common logic, which institution would like to buy btc at $100k or even at million dollars when the seller institution is already taking out big profits in fiat by selling their btc to the buyer Institution? Won't that btc be coming with an impermanent loss if the price dumps later? Do you think there is any point where a stagnancy of liquidity or financial crunch may affect the price of btc so badly that it can reverse down like it did in the 2018 crash?
I think what Saylor says sums it all up. I don't think all companies that buy Bitcoin think exactly the same way, but I'm sure most think very much like him. Bitcoin is the best asset you can buy today, number 1. And as such, you shouldn't sell it. Ever. If you need cash, you can borrow, use to cash flow of the company or sell other assets but never the best asset in the world. Whether you buy it at $100k or $1M, it is the most powerful and scarce asset in the world, so the value will continue to grow.