Post
Topic
Board Bitcoin Discussion
Merits 3 from 3 users
Re: New whale bought $3 billion dollars worth of Bitcoins..
by
fillippone
on 17/08/2022, 13:11:07 UTC
⭐ Merited by Lucius (1) ,kensaii (1) ,vapourminer (1)

Maybe @fillippone has some information about it, considering he is very well versed in everything that happens with that company.

I retain many doubts about Microstrategy selling their stash.
I Am going to post here the first three reasons that come to my mind, in relative order of importance:
  • To date, any labelling of a bitcoin wallet to Microstrategy appeared shady or tentative to me. I guess their UTXO management is very wary of privacy considerations, so I tend to believe that any labelling is improbable, to say the least.
  • As Micheal Saylor said, Microstrategy is a listed company, hence any movement in their Bitcoin Stash, as a price sensitive informa to in, as to be readily disclosed to public. So there cannot be things as “rumours”. This is more true when the alleged sell is not negligible.
  • Micheal Saylor reiterated also recently that any sell in Bitcoin is against their “Bitcoin Strategy” so I tend to believe they are not selling.